Karl Jahaz Corp., an automobile company, has many business units across the globe. Although the company has reached saturation in the domestic market, it continues to generate substantial revenue by selling its old-model, light commercial vehicles in a few countries. In this case, which of the following is achieved by the globalization of the company?

Question

Quizplus · Accepted Answer

Globalization in this scenario allows Karl Jahaz Corp to extend the life cycle of its old-model, light commercial vehicles by selling them in other countries where they are still in demand. This helps the company to continue generating revenue from these products even after they have reached saturation in the domestic market.