1. Companies and International Expansion
The second benefit of companies expanding internationally is having a large customer base. ... When working internationally, the company's products and services reach to more people in different regions of the world. ... In addition, expanding internationally saves the business when it is threatened to encounter a huge loss. Kiellor (2009) stated that the International Trade Company in Valencia would be out of business if it had not gone international when the domestic market was going immensely low. Going international helps firms make additional revenue in domestic downturns. ...
- Word Count: 660
- Approx Pages: 3
- Grade Level: Undergraduate