Question

What are the three basic benefits of international strategies?

Answer 1

Firms derive three basic benefits by successfully using international strategies: (1) increased market size, (2) economies of scale and learning, and (3) advantages of location. Increased market size is achieved by expansion beyond the firm's home country.

Answer 2

Explanation:

What are the three basic benefits of international strategies? Firms derive three basic benefits by successfully using international strategies: (1) increased market size, (2) economies of scale and learning, and (3) advantages of location. Increased market size is achieved by expansion beyond the firm's home country.