A primary reason why most domestic firms are engaging in global operations is that growth in demand for goods and services outside the U.S. is considerably higher than inside.

Question

Quizplus · Accepted Answer

Many domestic firms have found that expanding their operations globally can lead to increased revenue and market share, as demand for their products and services is often higher in international markets than in the United States. This is especially true for industries such as technology, energy, and pharmaceuticals, where there is significant demand for advanced products and services in emerging markets. Additionally, global operations can help firms diversify their revenue streams and reduce dependence on any one particular market or region.

A Primary Reason Why Most Domestic Firms Are Engaging in Global