How can firms increase profits through international expansion? (multiple answers might apply) Leverage skills developed in foreign operations and transfer them elsewhere in the firm O Realize location economies Realize greater cost economies from experience effects O Enter new markets
How can firms increase profits through international expansion? (multiple answers might apply) Leverage skills developed in foreign operations and transfer them elsewhere in the firm O Realize location economies Realize greater cost economies from experience effects O Enter new markets
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:How can firms increase profits through international expansion? (multiple answers might
apply)
Leverage skills developed in foreign operations and transfer them elsewhere in the firm
Realize location economies
Realize greater cost economies from experience effects
Enter new markets
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