Answer:
1. New markets - international expansion offers a chance to conquer new territories and reach more of these consumers, thus increasing sales.
2. Diversification - companies can utilize international markets to introduce unique products and services, which can help maintain a positive revenue stream.
3. Access to talent - Another top benefit of going global is the opportunity to access to new talent pools. International labor can offer companies unique advantages in terms of increased productivity, advanced language skills, diverse educational backgrounds and more.
4. Competitive advantage - Companies also choose international expansion to gain a competitive edge over their opponents. International expansion can help companies acquire access to new technologies and industry ecosystems, which may significantly improve their operations.
5. Foreign Investment opportunities - companies considering international expansion shouldn’t forget about the additional investment opportunities that foreign markets can offer. For instance, many firms are able to develop new resources and forge important connections by operating in global markets.
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Explanation:
French and Indian War : The French and Indian War was fought between England and France. Reason being, they wanted control of certain lands in North America.
Stamp Act: The Stamp Act was a tax put on American colonies by the British in 1765. Taxes were put on printed materials, newspapers, magazines and legal documents. It’s basically called the Stamp Act because colonies were supposed to buy paper from Britain that had an official stamp on it that showed they had paid the tax.
Townshend Acts: Charles Townshend came up with the Townshend Acts. The Townshend Acts were laws that placed a duty/tax on certain goods imported from Great Britain. These goods included glass, tea, paint, etc.
Boston Massacre: This is marked as the first conflict between the British soldiers and colonists. Many unfair taxes were being placed against the colonists and followed by the British soldiers. There was an exchange of unpleasant words between the soldiers and colonists which left colonists being killed by the soldiers.
They had to face racism from many white Americans. They also were treated unfairly by being segregated from whites.
