Although risk is a disadvantage in a company going global, many companies take the risk because they get more manpower, production costs and everything for substantially less than they would to continue operating in the U.S. In that sense, the risk may be worth it and they can build the company up from there in their new location. reply with reference Thanks
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Globalization has played a huge role in the modern day business affairs. This is because it has enabled many firms to have access to global markets, something that is good to both producers and consumers (Hill & Jones, 2010). For instance, consumers have a variety of product brands from which they can chose the ones they want to consume depending on their tastes and preferences and their economic status. Firms on the other hand compete on global …
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