Many companies are interested in expanding globally in order to
A)gain access to supplies,new markets,and lower labor costs.
B)gain access to natural resources,new markets,and a diverse workforce.
C)implement tariffs and import quotas.
D)utilize export embargoes to increase business.
E)increase synergy and diversity.

Question

Quizplus · Accepted Answer

Expanding globally can give companies access to new markets where they can boost sales and revenue. It also allows them to tap into lower labor costs, gain access to supplies, and source raw materials at competitive prices. This can ultimately increase their profitability and help them stay competitive in the long run.

Many Companies Are Interested in Expanding Globally in Order to