The value an international business creates in a foreign market depends on the suitability of its product offering to that market and the nature of indigenous competition

true or false

Question

Business

Harley Rogers

16 June, 20:53

The value an international business creates in a foreign market depends on the suitability of its product offering to that market and the nature of indigenous competition

true or false

+2

Answers (1)

Know the Answer?

Elsie Sloan · Answer 1

True

Explanation:

Because the product of the international bussiness can be a innovation in the domestic market. Then, it is satisfying a necessity which was not satisfied for the local market. This make the value much greater than if only produces the same product that is offering the local companies

The value an international business creates in a foreign market depends on the suitability of its product offering to that market and the nature of indigenous competitiontrue or false

The value an international business creates in a foreign market depends on the suitability of its product offering to that market and the nature of indigenous competition

true or false