A single-country approach is large enough for the local business to achieve all possible economies of scale.

Question

Quizplus · Accepted Answer

While a single-country approach may provide certain economies of scale, expanding internationally can also bring about new opportunities for cost-efficient production, access to larger markets and resources, and diversification of risks. Therefore, a multi-country approach may offer even greater economies of scale.

A Single-Country Approach Is Large Enough for the Local Business