In a global economy, firms can position themselves for greater growth potential if they consider input and output markets to be _____ rather than:

Question

Quizplus · Accepted Answer

Firms can position themselves for greater growth potential by considering input and output markets to be international rather than domestic, as this broadens their market reach and sources of inputs, leading to potential increases in efficiency, market share, and profitability.

In a Global Economy, Firms Can Position Themselves for Greater