Internationalization is driven by:
A)The quest for efficiency, and the quest for new markets
B)On the demand side, the quest for new markets, and, on the supply side, the quest to acquire new resources and capabilities
C)First, the internationalization of customers, and, second, the emergence of cheap labor countries
D)First, the emergence of cheap labor countries, and, second, lower transport costs

Question

Quizplus · Accepted Answer

Internationalization is driven by the demand for new markets on the demand side and the supply side's goal of acquiring new resources and capabilities. It is not only limited to the emergence of cheap labor countries or lower transport costs, but rather a more comprehensive strategy to expand business globally while balancing costs and benefits. Therefore, option B reflects the most comprehensive and accurate explanation for the drivers of internationalization.

Internationalization Is Driven By