Which of the following is not one of the reasons for emergence of International Business Question 3 options: To achieve market share and Economic development To achieve higher rate of profits To expand production capabilities Non-availability of technology and resources in the home market.

Answered: Which of the following is not one of…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Which of the following is not one of the reasons for emergence of International Business

Question 3 options:

	To achieve market share and Economic development
	To achieve higher rate of profits
	To expand production capabilities
	Non-availability of technology and resources in the home market.

Expert Solution

Step 1 Introduction:

International business is defined as an organization has a business operation in one or more countries. Many organizations want to pursue international business to expand their operations, competitive advantage over other, achieve higher rate of profits.

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