If a firm chooses to expand internationally, it must attempt to compete in all the major world markets, or else lose its competitive advantage.

Question

Quizplus · Accepted Answer

A firm can choose to expand internationally by targeting specific markets or regions where it sees potential for growth and profitability. It does not necessarily have to compete in all major world markets in order to maintain a competitive advantage.

If a Firm Chooses to Expand Internationally, It Must Attempt