Which of the following statements is most correct?
A) Many companies decide to go abroad in order to increase their sales, to acquire raw materials for their production processes, or to find cheap labor.
B) Because foreign markets may not be in the same stage of the product life cycle as the home market, and because the economies of other countries may be in different phases of the business cycle, companies that operate in several different countries may be able to reduce their risk through diversification of their operations globally.
C) Companies that experience barriers to exporting their goods to countries with large attractive internal markets often decide to invest directly in local production in those markets.
D) All of the statements above are correct.
E) Only statements a and b are correct.
Correct Answer:
Verified
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