Which of the following is the most likely motive behind firms in the mining industry wanting to enter new foreign markets?
A)access to natural resources
B)availability of excessive non-skilled labor force
C)increase in refining capacity
D)payment of wages remain the same in both the new market as well as the existing market

Question

Quizplus · Accepted Answer

The most likely motive behind firms in the mining industry wanting to enter new foreign markets is access to natural resources that may not be as readily available in their domestic market. This allows them to expand their operations and gain a competitive advantage. The other options do not provide a strong motive for a mining company to enter a new foreign market.

Which of the Following Is the Most Likely Motive Behind