Why do different business organizations aim to invest in / to participate in INTERNATIONAL MARKETS?
Answer (1)
Market Expansion - To access larger customer bases beyond their domestic markets, increasing sales and revenue potential.Diversification - To spread business risks by operating in multiple countries, reducing dependence on one economy.Access to Resources - To obtain raw materials, technology, or cheaper labor not available domestically.Competitive Advantage - To gain an edge over competitors by entering new markets first or leveraging cost advantages.Growth Opportunities - To explore new trends, innovations, and business environments that can spur growth.Economies of Scale - To reduce costs per unit by producing or selling in larger volumes globally.In short, businesses invest internationally to grow, reduce risks, and improve competitiveness.
