There are several reasons why businesses choose to expand internationally:
Market Expansion: By entering foreign markets, businesses can increase their customer base and boost sales. Resource Access: Global businesses have access to a wider range of resources, including raw materials, labor, and technology. Competitive Advantage: Operating in multiple countries can provide a competitive edge through economies of scale and cost efficiencies. Risk Diversification: Expanding into different regions can help mitigate risks associated with economic downturns in a single market.