Imagine that you are the manager of an aspiring multinational video conferencing company. What would not be a strategic reason for your company to expand outside your domestic market to improve its overall competitiveness

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04-03-2022
Business

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Imagine that you are the manager of an aspiring multinational video conferencing company. What would not be a strategic reason for your company to expand outside your domestic market to improve its overall competitiveness

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ogorwyne ogorwyne · Answer 1 · 2022-03-14T10:21:19+01:00

The option that would not be a strategic reason to expand outside your domestic market would be To Seek A Profit Sanctuary.

What is a profit sanctuary?

These are the areas that businesses are known to make the most of their money. It is where they accumulate the bulk of their wealth steadily.

The company woyld not be going out of their domestic market place for this reason.

Complete question:

Imagine That You Are The Manager Of An Aspiring Multinational Social Media Company. What Would Not Be A Strategic Reason For Your Company To Expand Outside Your Domestic Market To Improve Its Overall Competitiveness? A. To Seek A Profit Sanctuary B. To Develop Export Markets C. To Create A New Licensing Opportunities D. To Establish A Subsidiary In A Foreign.