How do global operations attract new markets?

New Markets

Expansion areas or segments a business targets to introduce its products or services, aiming for growth and diversification.

Global Operations

The planning, execution, and control of industrial operations across different countries to take advantage of global efficiencies.

Acquire knowledge on the role and value of worldwide operations in the optimization of supply chains and the expansion into new market territories.

Verified Answer

Miselo MhlongoJul 27, 2024

Final Answer :

Since international operations require local interaction with customers, suppliers, and other competitive businesses, international firms inevitably learn about unique opportunities for new products and services.

Learning Objectives

Acquire knowledge on the role and value of worldwide operations in the optimization of supply chains and the expansion into new market territories.

How do global operations attract new markets?

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Learning Objectives

Learning Objectives

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