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Advantages of International Business
Advantages
Increased Revenue -The revenue of company performing international business has more earning capacity due to high customer base and more region expansion
Reaching new customer - Larger customer base due to the product
Access New talent - Mc Donald hired different people to get more expertise.
Optimum Utilisation Of Resources - Country to use their uses at its best in order to reduce waste.
Benefits to customers - Customers can chose between variety of products .
Product Flexibility - One product has less demand in one country may have high demand in the other country.
Brand Image - When company deals internationally there isa strong brand image created.
Improving growth prospects and employment opportunities - People get jobs because of increased business.
Increased standard of living - when there is variety of product in market it increases standard of living.
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