Which of the following is a reason to consider international business?
A)economies of scale.
B)exploit monopolistic advantages.
C)diversification.
D)all of the above

Question

Quizplus · Accepted Answer

All of the above reasons are valid justifications for considering international business.
A) Economies of scale: By expanding into international markets, a company can increase its production and sales volumes, leading to lower costs per unit, which can translate into increased profitability
B) Exploit monopolistic advantages: In some instances, a company may possess unique capabilities or resources that competitors cannot easily replicate, providing an opportunity to gain a competitive advantage in a foreign market.
C) Diversification: International business can help a company spread its risks across multiple markets, reducing its dependence on any one market or region. Additionally, diversification can create opportunities to leverage unique product or service offerings in new markets.

Which of the Following Is a Reason to Consider International