Which of the following is an industry level driver of the internationalisation of service firms?

Question

Quizplus · Accepted Answer

Both government support and scale economies are industry-level drivers of the internationalisation of service firms. Government support can include policies such as funding and tax incentives that encourage service firms to expand globally. Scale economies refer to the cost advantages that service firms can achieve by expanding their operations to new markets, such as the ability to spread fixed costs over a larger customer base. Domestic market pressure and lack of competition are factors that may drive individual firms to internationalise, but they are not industry-level drivers.

Which of the Following Is an Industry Level Driver of the Internationalisation