Solved

Which of the Following Can Induce a Firm to Expand

Question 3

Multiple Choice

Which of the following can induce a firm to expand into the international arena?


A) Consumer preferences in the domestic market vary widely.
B) Average income level of domestic consumers is high.
C) The firm operates in an industry that caters to the mass market.
D) The company wants to reduce its dependence on any one market.
E) The firm is yet to achieve economies of scale even though the domestic market has potential.

Correct Answer:

verifed

Verified

Related Questions