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Global business expansion, free trade

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I need help answering the following questions. Please give clear thurough responses and site where information may be found. This needs to be in simple terms a understanding. I'm not a international expert by far. Thanks in advance.

1) What are the most common and important reasons for your (or any) company to go global? Why?

2) How do you determine an appropriate market, size, and growth potential for global business expansion?

3) If free trade is intended to benefit nations, why do nations restrict trade? How do nations restrict trade?

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Global business expansion, free trade

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1) What are the most common and important reasons for your (or any) company to go global? Why?

The most important reason for a company to go global is to explore new markets for its products and services to increase its revenues and sales. Further, more and more companies are going global to enhance their strategic presence in various countries throughout the world to obtain competitive advantages offered by these countries in terms of cheap and better source of raw material, labor and other advantages for producing better quality products and services at lower costs. Globalization helps a company to obtain significant ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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