What are the fundamental reasons for a company to expand internationally quizlet?

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What are the fundamental reasons for a company to expand internationally?
What is one reason that a company would choose to expand internationally quizlet?
What are the five main reasons that firms expand into international markets quizlet?

Terms in this set (11)

- General market risks
distance, competition, differences in product usage in foreign markets, language, culture, finding distributors, differences in product specifications, complexity of shipping services to overseas buyers
- Commercial risks
Exchange rate fluctuations, non-payment, delays/damage, difficulties in obtaining financing
- Political risks
government restrictions, high import tariffs, import regulations, high value of domestic currency relative to those in export markets

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Suppliers

Functions
Provide raw materials, parts, components, supplies as well as business processes and other services to focal firm

Activities
Maintain inventory
Process orders
Transport goods
Deliver services

Focal Firm

Functions
Manufacture or assemble components or finished products or produce services

Activities
Manage inventory
Process orders
Manufacture or assemble products
Produce and deliver services
Distribute products to customers, retailers, or intermediaries

Intermediaries or retailers

Functions
Distribute and sell products and services

Activities
Manage inventory, place or process orders
Produce services
Manage physical distribution
Provide after sales service
Features

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What are the fundamental reasons for a company to expand internationally?

5 good reasons to expand internationally.

Increase your turnover. Going international is an excellent opportunity to reduce your risks and increase your revenues. ... .

Expand your customer portfolio. ... .

Improve your brand image. ... .

Better access to local talent. ... .

Competitive advantage..

What is one reason that a company would choose to expand internationally quizlet?

offering different products and services in different countries. can gain good distribution access. costs less than an acquisition.

What are the five main reasons that firms expand into international markets quizlet?

What are the five main reasons firms expand into international markets? Growth, efficiency, managing risk, knowledge, and responding to customers or competitors.