Question

Solar Solutions, a U.S.-based company, is planning to expand operations to a foreign country. Considering the factors that make a country attractive as a place in which to do business, which country should Solar Solutions consider for entry?

Answer 1

A country that US-based company Solar Solutions should consider entering and expanding its business is one that has democratic institutions and a market-based economic system.

Business internationalization

It corresponds to a strategy adopted by companies that wish to expand their business to other countries based on an economic opportunity that increases competitiveness and profitability in the market.

Therefore, a democratic country based on the free market would be the ideal option for a company to go global to produce and sell its products and services more widely and based on the economic laws of supply and demand.

The correct answer is:

• A country that has democratic institutions and a market-based economic system.

Find out more information about internationalization here:

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