For business growth and expansion and to boost sales, profits, revenues, consumer loyalty, consumer recognition. Also so they can find cheap sources of labour and suppliers in foriegn countries (such as China and India). They can therefore tap into a larger customer market. And finally because an international strategy can help diversify and expand a business
Here are some of the important reasons:
- A national firm might go international for more profits & revenues.
- It might want to penetrate in the growing market elsewhere.
- It might shift due to political factors in its own economy.
- It may shift due to low cost of labor and taxes.
- A national firm might go international for more profits & revenues.
- It might want to penetrate in the growing market elsewhere.
- It might shift due to political factors in its own economy.
- It may shift due to low cost of labor and taxes.
For expansion you huge tit!!!
Point blank m o n e y. It certainly isn't because they are trying to make their lives more comfortable, but it does increase the income of the ones there who may get employment.
To increase their profits through expansion
To increase their customer base
In developing the brand name of the company
The value of labor in the foreign country will be low.
To increase their customer base
In developing the brand name of the company
The value of labor in the foreign country will be low.
The bottom line is....MONEY.
- For getting profit more
- it helps to increase value of company
- tax benefit
- for retaining international customers- increase country profit
- it helps to increase value of company
- tax benefit
- for retaining international customers- increase country profit
For getting profit more
it helps to increase value of company
tax benefit
for retaining international customers
it helps to increase value of company
tax benefit
for retaining international customers