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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1614 |
Essay's paper body
Where as domestic operations are monitored by the home country.
When a company wants to minimize risk it seeks foreign markets to take advantage of the fluctuating business cycle. For example, the product life cycle displays the rise and fall of a product. The stages are birth, growth, maturity, and decline...
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This cycle may take place for a particular product during different times and different locations. Therefore, if a product dies or a country goes into recession, profits can be recouped in another market.
Exporting means to make a product in a company's domestic marketplace and selling it in another country...
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