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Why firms' established over sea operation?
Essay specific features
Written by:
Elizabeth R
Date added:
November 9, 2014
Level:
University
Grade:
A
No of pages / words:
1 / 272
Was viewed:
2413 times
Rating of current essay:
Essay content:
Acquiring resources ~ by acquiring raw material abroad, it will enable a company to improve its product quality. Exxon drills for oil in Asia and the Middle East.
5. Gaining an advantage over competitors ~ companies enter into international business because they want to counter advantages competitors might gain in foreign markets that, in turn, could hurt them domestically...
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Capitalize on the Leverage ~ doing business overseas can be cheaper than doing business domestically. This is because a foreign marketer merely jumps into sales without any research and development costs.
7. Liberalization of Government Policies ~ in the past decade, many countries have opened their door to welcome foreign investment by liberalizing most of their foreign policies...
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