Global expansion offers companies the opportunity to generate greater profits than companies that focus strictly on the domestic market.

Name: Global expansion offers companies the opportunity to generate greater profits than companies that focus strictly on the domestic market.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Global expansion can increase a company's customer base, increase brand exposure, and access new markets, leading to increased profits compared to companies that only focus on the domestic market.

Global Expansion Offers Companies the Opportunity to Generate Greater Profits