When a company increases its growth rate by taking goods or services developed at home and selling them internationally,it is
A)leveraging its existing products.
B)taking the path of least resistance.
C)engaging in product positioning.
D)realizing cost economies from global expansion.
E)realizing location economies.

Question

Quizplus · Accepted Answer

Leveraging existing products means using something that is already developed or manufactured and expanding its sales in a new market. In this case, the company is using its existing products to sell it internationally, which will help in increasing its growth rate.

When a Company Increases Its Growth Rate by Taking Goods