Question

A type of advantage that a global company possesses by virtue of the fact that it has experience in more than one country is referred to as:

1. Flexibility.
2. Leverage.
3. Accountability.
4. Capability.
5. Transferability.

Answer 1

Answer: Leverage

Explanation:

Leverage refers to some type of advantage or benefits that a company enjoys by virtue of the fact that it has experience in more than one country. Leverage allows a company to conserve resources when pursuing opportunities in new geographical markets. Leverage provides a variety of financing sources by which the firm can achieve or accomplish its target earning