A firm may internationalize as part of an effort to manage its value chain effectively, particularly with respect to minimizing costs.

Question

Quizplus · Accepted Answer

Internationalizing can allow a firm to access lower cost inputs, take advantage of economies of scale, and utilize cost-efficient production processes. All of these actions can help a firm minimize costs and manage its value chain effectively.

A Firm May Internationalize as Part of an Effort to Manage