Advantages, disadvantages and challenges of global expansion
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Please suggest a strategy for global expansion for an imaginary business. Include a brief summary of the organization you choose.
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Solution helps in suggesting a strategy for global expansion for an imaginary business.
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Global expansion refers to the situation where an organization expands to other countries. Benefits of global expansion can be:
1) Increase in revenues and market share in the global markets.
2) Diversification of risk.
3) Economies of scale in the areas of production or sourcing.
4) It can lead to diversity ...
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