The reason why companies expand into the global market is the saturation of the exiting markets that companies operate. Global expansion provides the ability to access the new markets and opportunities to utilize economies of scale. There are many concepts of global expansion. Such concepts suggest that motivation influences companies to expand their business to the oversea market. These influences are "key supplies, market-seeking, and the desire to access low-cost factors of production" (International Business …
showed first 75 words of 380 total

showed last 75 words of 380 total
…These can be organized into real and pecuniary economies. It provides companies with a cost advantage and it also limits the number of companies that can successfully compete in the market. References Hill, C.W.L., (2003) International Business: Competing in the Global Marketplace (4thed.), <Tab/>McGraw-Hill/Irwin: New York, NY. <Tab/>Retrieved March 30, 2005 from: <Tab/>https://ecampus.phoenix.edu/secure/resource/resource.asp