Economy, asked by anjusec2733, 11 months ago

Recognize how firms can profit by expanding globally

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Answered by Anonymous

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GLOBAL EXPANSION, PROFITABILITY, AND PROFIT GROWTH Expanding globally allows firms to increase their profitability and rate of profit growth in ways not available to purely domestic enterprises. ... The term core competence refers to skills within the firm that competitors cannot easily match or imitate. 2.

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