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natta225 [31]
3 years ago
6

1. Why do companies frequently expand their business operations into other countries?

Business
1 answer:
fgiga [73]3 years ago
5 0

International business laws make it profitable for big businesses to operate in multiple countries.

Explanation:

1. Companies expand their operations to other countries when either <u>the production cost, labor cost or tax rates are lower in the other county </u>and makes overall business more profit.

2.<u> Other countries often provide tax exemptions to investors </u>to set up in their countries which is very profitable. It also opens new avenues and markets worldwide, attracting more clients and costumers.

3. <u>International business makes products from different parts of the world into the regular life of people in open market countries.</u>

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