Question

firm that operates internationally is able to

Answer 1

Answer:

Firms that operate internationally are able to reduce the costs of value creation because they realize greater cost economies from experience effects by serving an expanded global market from a central location.

Answer 2

Answer:

A firm that performs internationally can

• achieve higher profits.
• reduce the costs of value

Explanation:

• A firm that performs internationally gets more advantages. They can improve the goodwill and earning capacity etc...
• It is not easy to operate internationally various elements such as background, rules, customer taste, and selections should keep in sense.
• Firms that perform internationally can decrease the costs of value creation because they learn greater cost economizing from experience results by serving an extended global market from a prominent location.

Ways to enter the international market:

• Exporting: It represents the direct selling of the product and services.
• Licensing: The company of the other government accepts the license to market your product and services
• Franchising: It is like permitting another business to follow laws and regulations.

Therefore, A business that functions internationally can achieve higher profits and decrease the costs of value.