Some policies favor businesses, A firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing a competitive advantage.
<h3>What is competitive advantage?</h3>
Competitive advantage is factors that allow a company or industry to produce goods and services better, expand or produce more cheaply than its rivals.
A nation's competitiveness in business depends on the capacity of the industry to innovate and upgrade.
Therefore, a firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing competitive advantage.
Learn more on competitive advantage here,
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Answer:
The correct answer is letter "A": to ask if the industry's growth and profit prospects are strongly attractive to potential entry candidates.
Explanation:
The worldwide economy has allowed firms to expand their operations benefiting them by exploring new markets and increasing their number of customers, thus, generating more revenue. Before the firm decides to go ahead with the venture, <em>a market analysis must be performed to determine if the industry in the target country is growing and facilitates the operation of the business to ensure profits.</em>
Answer:
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Explanation: