Explore BrainMass
Share

Potential Advantages of International Business Operations

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Discuss at least five potential advantages to initiating, continuing, and/or expanding international operations. Use atleast 200 words and cite any sources used in APA format.

© BrainMass Inc. brainmass.com October 17, 2018, 12:42 pm ad1c9bdddf
https://brainmass.com/business/business-management/potential-advantages-of-international-business-operations-587648

Solution Preview

Short and Ketchen (2012) mentions three (3) potential advantages in dealing with international operations, namely:

1.) International operations give you access to new customers - this means that the product/services can be exposed to people of different cultures, hence there will always a demand for it;

2.) International operations lowers costs - many firms that compete in international markets hope to gain cost advantages. If a firm can increase it sales volume by entering a new country, for example, it may attain economies of scale that lower its production costs.

3.) International operations result to diversification of business risk - investors warn not to put all your eggs in one basket, ...

Solution Summary

This is a brief discussion on the advantages to initiating, continuing, and/or expanding international business operations. It gives a list of five major advantages of dealing with international operations. References used are included.

$2.19
Similar Posting

Risks and benefits of starting production operations overseas: India, Brazil

The organization that you work for is currently in the process of setting up a production facility overseas. You have been asked to present a proposal comparing the risks and benefits of starting operations in two foreign countries.

For this assignment you may choose any two foreign countries, except China, for comparison. Use your text and the web to locate information on the types of risk and the background on the two countries. In this proposal you will provide a recommendation as to which country should be selected for the project.

View Full Posting Details