The Reasons a Company Opts to Expand Outside Its Home

question 55

Multiple Choice

The reasons a company opts to expand outside its home market include

• A) gaining access to new customers for the company's products/services.
• B) spreading its business risk across a wider market base.
• C) achieving lower costs and enhancing the company's competitiveness.
• D) a desire to capitalize on its core competencies and capabilities.
• E) All of these.

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Definitions:

Norms

Established standards of behavior maintained by a society, regarded as acceptable or typical for its members.

Collective Action

Occurs when people act in unison to bring about or resist social, political, and economic change. Some collective actions are routine. Others are nonroutine. Routine collective actions are typically nonviolent and follow established patterns of behavior in existing types of social structures. Nonroutine collective actions take place when usual conventions cease to guide social action and people transcend, bypass, or subvert established institutional patterns and structures.

Political Protest

An expression of objection or disapproval towards political ideas or actions, often in a public context.

Model Parliament

A historical term or concept relating to representative assemblies or efforts to simulate parliamentary democracy as an educational tool.