Why it is important for small businesses to "go global?"

What will be an ideal response?

Answer: Companies that move into international business can reap many benefits, including offsetting sales declines in the domestic market, increasing sales and profits; extending their products' life cycles; lowering manufacturing costs; improving competitive position; raising quality levels; and becoming more customer oriented.

Business

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Which of the following is an industrial product categorized under materials and parts?

A) factory B) cement C) generator D) drill presses E) coal

Business

Why is the investor of a callable bond exposed to reinvestment risk?

What will be an ideal response?

Business