A firm contemplating expansion should choose a foreign market based on an assessment of the nation's long-run profit potential
Indicate whether the statement is true or false.
TRUE
The 196 nation-states in the world do not all hold the same profit potential for a firm contemplating foreign expansion. Ultimately, the choice of a location for foreign expansion of a firm's business must be based on an assessment of a nation's long-run profit potential.
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Company X began as a brick-and-mortar company. Which of the following statements MUST be true?
A) By adding online marketing options, Company X would become a click-and-mortar company. B) Company X is also considered a click-only dot-com. C) Company X should not be concerned about consumer-to-consumer online marketing. D) Company X is probably not making a profit. E) By adding online marketing options, Company X would become a click-only company.
Travel expenses for a taxpayer's spouse are deductible if the spouse is an employee, the travel is for a bona fide purpose, and the expenses are otherwise deductible.
a. true b. false