Asked by
Sawyer Ernsbarger
on Dec 18, 2024
Verified
Citron Corp., a German car manufacturer, wants to start its operations in Southeast Asia. By engaging in international business, Citron can:
A) gain minerals or other natural resources that cannot be found in the home country.
B) reduce its fixed costs, such as research and development costs.
C) effectively follow a single marketing strategy for all its products globally.
D) be free from business regulations in overseas markets.
Natural Resources
Raw materials and components provided by nature that can be utilized for economic gain.
Fixed Costs
Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance premiums.
Research and Development
The process focused on developing new products or improving existing ones, often involving scientific and technological innovations.
- Fathom the pros and cons of operating businesses on an international scale.
Verified Answer
BL
Learning Objectives
- Fathom the pros and cons of operating businesses on an international scale.