When a firm expands into a country with highly competitive markets, it may be attempting to:
A) avoid management issues.
B) increase country risk.
C) increase sales to reach production capacity.
D) reduce debt.

Question

Quizplus · Accepted Answer

Expanding into highly competitive markets is often a strategy to increase sales and reach or exceed production capacity. This allows the firm to leverage its production capabilities and potentially increase its market share and revenues.

When a Firm Expands into a Country with Highly Competitive