Answered Essay: Please answer in paragraph form with at least 300 words. What factors encourage international

Please answer in paragraph form with at least 300 words.

What factors encourage international expansion?

Expert Answer

Globalization is the process by which the business or organization extend its operations internationally by developing international influence. This is developed by integrating and interchanging the views, products, cultural aspects, etc. internationally.

Conducting business globally is very important and crucial decision made by the business and require lots of effort and correct decisions in order to make it an effective move. It not only provide new opportunities for growth and profit but also provide reputation to business globally.

The factors that encourage international expansion are: –

  • Business will grow by expanding its business in new market because it will broaden the customer base which will increase sales and revenue.
  • Business will achieve economies of scale as company will enter the new market resulting in sharing of cost and risks between markets.
  • It promotes diversification and reduces the exposure of the companies to the economies and political instability.
  • Product or service with unique features and benefits will have less competition in internation markets which will make the company to enjoy massive profits throughout world marketplace.
  • Expansion in international market will help the firm to recover cost of research and development.
  • The companies can access valuable resources and new ideas based on the lifestyle, culture, etc. which can help the companies to develop products or services accordingly.
  • Companies can access cheap and well-trained labor in international market which will help them to reduce labor cost.

The global economy and international business are changing day by day. Conducting business globally or internationally helps in the growth of global GDP, growth of Foriegn direct investment (FDI) and growth in the global value chain system. The international market place will help in increasing the exposure of the business to international customers thus helps the business to grow faster and become a market player for a long-run. FedEx assist the small business to import and export its goods or services internationally.

Buy Essay
Calculate your paper price
Pages (550 words)
Approximate price: -

Help Me Write My Essay - Reasons:

Best Online Essay Writing Service

We strive to give our customers the best online essay writing experience. We Make sure essays are submitted on time and all the instructions are followed.

Our Writers are Experienced and Professional

Our essay writing service is founded on professional writers who are on stand by to help you any time.

Free Revision Fo all Essays

Sometimes you may require our writers to add on a point to make your essay as customised as possible, we will give you unlimited times to do this. And we will do it for free.

Timely Essay(s)

We understand the frustrations that comes with late essays and our writers are extra careful to not violate this term. Our support team is always engauging our writers to help you have your essay ahead of time.

Customised Essays &100% Confidential

Our Online writing Service has zero torelance for plagiarised papers. We have plagiarism checking tool that generate plagiarism reports just to make sure you are satisfied.

24/7 Customer Support

Our agents are ready to help you around the clock. Please feel free to reach out and enquire about anything.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.


Let us write that nagging essay.


Submit Your Essay/Homework Instructions

By clicking on the "PLACE ORDER" button, tell us your requires. Be precise for an accurate customised essay. You may also upload any reading materials where applicable.


Pick A & Writer

Our ordering form will provide you with a list of writers and their feedbacks. At step 2, its time select a writer. Our online agents are on stand by to help you just in case.


Editing (OUR PART)

At this stage, our editor will go through your essay and make sure your writer did meet all the instructions.


Receive your Paper

After Editing, your paper will be sent to you via email.