Techniques used by companies in going global

Topic

Techniques used by companies in going global

Instructions

Describe techniques companies may use to enter or grow markets in other countries. As a group, evaluate the benefits and pitfalls of several of these tactics.

Answer preview

Companies that aspire to take make their markets global have always thought that it involves so many risks and may feel overwhelmed. Well, many techniques are used by many companies to make their products sell out through two or more countries in the world. Companies contemplating to have their business beyond their borders have always analyzed the benefits that come with venturing activities in more than one country. If a company considers taking its goods and services globally, then it has to be ready to take risks as there are so many challenges that come with it.

Word count: 739