International Business - interested?

These are some of the reasons why a business might be interested in international business?

1. Run down excess stocks
2. Extend product life cycle
3. Develop international presence
4. Achieve economies of scale
5. Competitive retaliation
6. Increase growth potential
7. Access new technologies
8. Source less expensive inputs (labour, materials etc)
9. Circumvent unions
10. Minimise labour force
11. Enhance production flexibility
12. Obtain a competitive advantage

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