What are the advantages of International companies?
Answers
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Answer:
- 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.
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Advantages of International companies.
Explanation:
- International companies bring new technology and products to the domestic markets. This makes the processes in the domestic markets feasible and efficient.
- International companies offer a great choice to the customers. This gives them wider options to choose from.
- International companies introduce competition, which forces the domestic players to improve their way of functioning. This induces effective and efficient use of resources.
- International companies bring resources to other states.
- International companies help in spreading and intermingling various cultures from time to time.
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