Question

Analyse one way a country is likely to benefit from the expansion of its business enterprises.

Answer 1

Answer:

• One of the best reasons for expansion of business is to reach out to a new group of customers. Although you already have a well-mined customer base, there is always the opportunity to add new customers when you expand, especially if that expansion of business involves the introduction of new products and services.
• One of the greatest advantages of business growth is the fact that expansion typically gives you the opportunity to offer a diverse range of products and services.

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