All categories

3 years ago

The reasons why a company opts to expand outside its home market include all of the following EXCEPT:

Business

1 answer:

hram777 [196]3 years ago

8 0

Answer:

E. identifying resources and capabilities in the company's home market.

Explanation:

Expanding into international markets gives a company access to new markets, thereby increases the number of its customers. The company will have to increase its production to cater to a large number of customers. Bulk production results in the company enjoying economies of scale.

For a company to enjoy to consider international markets, it must have already identified its capabilities in the domestic market. The reason for seeking foreign markets if to fully exploits its existing capabilities and resources. Expanding to international markets involves building on the already identified resources and abilities.

You might be interested in

A company had net cash flows from operations of $341,000, net income of $286,000 and average total assets of $1,850,000. The cas

KatRina [158]

Answer: 18.43%

Explanation:

Based on the information given, the cash flow on total assets ratio will be calculated as:

= (net cash flows from operations / average total asset) × 100

= ($341,000 / $1850000) × 100

= 18.43%

Therefore, the answer to the question is 18.43%

8 0

3 years ago

Harry loves both hot dogs and hamburgers. He receives about the same satisfaction from eating one hamburger as he does from eati

Alexeev081 [22]

Answer:

Harry loves both hot dogs and hamburgers. He receives about the same satisfaction from eating one hamburger as he does from eating one hot dog, and the two goods fill the same need in Harry's life. The price of hot dogs has been extremely volatile for the past several years, and this year is no exception Hot dog prices decreased tremendously this month Assuming hot dogs and hamburgers are substitutes for Harry, what is the effect on Harry's demand for hamburgers due to the decrease in the price of hot dogs?

There will be a movement down along his demand curve

Explanation:

Reason behind the decrease in demand curve for hamburger would be as a result of decrease in the price of hot dog which would increase the demand since they could be substituted for each other because of their benefits; hence, the demand curve for hamburger would be decreased or mov e down

0 0

3 years ago

James wants to know what academic path he should follow to get into the fastest growing job market, and the highest paying. you

Mekhanik [1.2K]

Should get a college degree

4 0

3 years ago

The contact lens company, Here's Clear Eye, sold thousands of pairs of contact lenses in Kenya. The lenses were defective and re

krok68 [10]

Answer:

B. The South Carolina cases will be dismissed on the grounds of forum non conveniens

Explanation:

4 0

3 years ago

When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elastici

xeze [42]

Answer:

Perfectly Inelastic

Explanation:

Demand can be defined as the total quantity of a commodity which a consumer is willing and able to buy at a particular time and price.

There are several types of elasticity of demand a perfectly elastic demand is one that quantity remains the same regardless of a change in price

3 0

3 years ago