Companies Opt to Expand into Foreign Markets in Order to

Multiple Choice

Companies opt to expand into foreign markets in order to

A) grow sales faster than the industry average,reduce the competitive threats from their rivals,and open up more opportunities to enter into strategic alliances.
B) boost returns on investment,broaden their product lines,avoid tariffs and trade restrictions,and escape dealing with strong labor unions.
C) avoid having to employ an export strategy,avoid the threat of cross-market subsidization from their rivals,and enable the use of a global strategy instead of a multidomestic strategy.
D) raise the entry barriers for industry newcomers,neutralize the bargaining power of important suppliers,grow sales faster,and increase the number of loyal customers.
E) gain access to new customers,achieve lower costs,enhance the company's competitiveness,capitalize on core competencies,and spread business risk across a wider market base.