Ericsson, IKEA, Saab, and other companies based in Sweden have looked beyond their borders for significant growth market because:
A)Sweden has high total annual income.
B)Sweden has low total annual income.
C)Sweden has a fairly small population.
D)Sweden is land locked geographically.
E)Sweden has relaxed export policies.

Question

Quizplus · Accepted Answer

Sweden has a relatively small population, which limits the potential market size for companies based in Sweden. Therefore, these companies have looked beyond their borders to find significant growth opportunities.

Ericsson, IKEA, Saab, and Other Companies Based in Sweden Have