_______________ lead firms to participate in international business when they seek, for instance, to capitalize on distinctive resources or capabilities developed at home.

Question

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Strategic motives lead firms to participate in international business when they seek to capitalize on distinctive resources or capabilities developed at home, such as specialized technology, brand recognition or high-quality production processes that provide them a competitive advantage in foreign markets. Economic motives refer to firms seeking to increase profits by leveraging lower costs, accessing new markets or diversifying their production. Personal motives refer to reasons such as personal ambition or cultural connection. Global motives refer to aims of promoting an idea or social cause that crosses borders.

_______________ Lead Firms to Participate in International Business When They