Arturo is a partner in a firm that specializes in producing vitamins and health food products. While the business is considered small by U.S. standards, he is attempting to persuade his partner to expand internationally. Arturo would list which of the following as an advantage of going global? A. Exporting can help sell excess inventory. B. Financing can easily be obtained to expand internationally. C. Marketing programs benefit from the cultural similarities in prospective markets. D. Selling your products in other markets reduces their life cycle, making them more attractive.
Business · High School · Mon Jan 18 2021
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Among the options listed, A. Exporting can help sell excess inventory, is an advantage of going global for a firm specializing in producing vitamins and health food products. Expanding internationally allows a company to access new markets where there might be demand for their products, helping them sell excess inventory that might not be moving as quickly in their domestic market. This can contribute to optimizing production and sales while reaching a broader customer base.