Why Do Companies Go Global? In general, companies go international because they want to grow or expand operations. The benefits of entering international markets include generating more revenue, competing for new sales, investment opportunities, diversifying, reducing costs and recruiting new talent. What are the reasons for going global? INCREASE REVENUE POTENTIAL. … ENTRY TO NEW
What Are The Ways By Which MNCs Expand Their Production? they can buy a LocaL industry an expand the industry. they can set up an industry on their own and do business. they can start their business or industry jointLy with the local traders. they can place orders to local manufactures and buy the goods.
What Are The Types Of International Organizations? There are two types of international organizations: governmental and non-governmental. International governmental organizations (or IGOs) are associations of states established by a treaty to pursue the common aims of their member states. What are the 5 types of international organizations? United Nations. North Atlantic Treaty Organization (NATO) European
What Are Some Advantages Of International Business? Increased revenues. … Decreased competition. … Longer product lifespan. … Easier cash-flow management. … Better risk management. … Benefiting from currency exchange. … Access to export financing. … Disposal of surplus goods. What are disadvantages of international business? Disadvantages of International Shipping Customs and Duties. International shipping companies