Expanding globally can enable a company to increase its profitability and grow its profits more rapidly.

Name: Expanding globally can enable a company to increase its profitability and grow its profits more rapidly.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

Expanding globally can give a company access to new markets, new customers and new revenue streams, which can help to increase profitability and accelerate growth. However, global expansion also comes with risks and challenges that need to be carefully managed to ensure success.

Expanding Globally Can Enable a Company to Increase Its Profitability