A firm that has operations in different countries has the opportunity to transfer knowledge from one market to another.

Question

Quizplus · Accepted Answer

When a firm has operations in different countries, it has access to a variety of markets with different customer needs, preferences, and behaviors. This exposure to diverse markets can enable the firm to develop new products or services, improve their existing products or services, and transfer knowledge from one market to another. This can help the firm to gain a competitive advantage and better serve customers in each market.

A Firm That Has Operations in Different Countries Has the Opportunity