All of the Following Are Reasons That a Firm Expands

question 20

Multiple Choice

All of the following are reasons that a firm expands into international markets except: ___________________________.

• A) to immunize itself from the pressures of global competition
• B) to expand beyond a saturated domestic market
• C) to find new source of profits
• D) to follow customers who are going abroad

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Definitions:

Concessions

Compromises or allowances made by one party in a negotiation, often to achieve a mutual agreement or understanding.

Expanding The Pie

A negotiation strategy aimed at finding solutions that allow all parties to gain more than they initially anticipated.

Preconceptions

Pre-existing opinions, biases, or ideas about something or someone before actual experience or knowledge.

Bridging

The act of creating connections or finding middle ground between differing points of view or entities.