Expanding sales to new markets in foreign countries can benefit MNCs not only by increasing revenues,but also by:

Question

Quizplus · Accepted Answer

Expanding sales to new markets in foreign countries can provide MNCs with economies of scale as they can leverage their existing resources to produce more units, leading to lower costs per unit. This can help MNCs improve their global competitiveness and profitability. However, expanding to new markets may not necessarily increase the selection of products or decrease the need to expand domestic markets. Additionally, access to foreign subsidies for new production facilities may vary depending on the country and industry.

Expanding Sales to New Markets in Foreign Countries Can Benefit