Advantages and Disadvantages of International Business (Tutorial 1).docx

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Advantages of International Business1.Enrollment to new marketsOnce a business has been successful in its home nation, it helps to take the businessinternationally. An organization has the opportunity to develop a new client base andentry to new markets. Furthermore, open borders provide firms with easier access to onbusiness opportunities.2.Keep in front of the competitorsExpanding internationally gives the business people to insight and exposure to potentialclients which rivals do not have. In order to break out of a flooded market and be oneleap ahead of the competitors spreading internationally is also a gain.3.Increased profitability in marketJoining foreign markets makes for quicker business expansion. By expanding the globalreach of companies, new customers experience the item or brand. It could contribute tofurther rises.4.Protecting investments internationallyInvestment firms as well as individuals are not evenly distributed around the globe, withhigh masses of investment cash allocated in some and few areas in others. Investors mayconsider that growing someone's company internationally gives you access to investment

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Term
Spring
Professor
Dr. Perema

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