Why company go for international business?
A company usually conducts international business for following reasons:
- For the shortage of materials or scarcity of resources(labor, technology, expertise)
- To expand business.
- To spread company's reputation.
- To attract more customer.
- To increase market share.
- To maximize profit.
- To increase collaboration with foreign countries.
- When demand is greater than supply
- To get higher quality or branded product.
- To get competitive advantage.
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