Which of these factors would facilitate the successful operation of a company in international market?
Answer Details
The provision of government subsidies to foreign investors would facilitate the successful operation of a company in the international market. Government subsidies can help foreign investors to reduce their costs and improve their competitiveness in the international market. By providing financial assistance, the government can encourage foreign investors to enter the local market, create jobs, and increase economic growth. This can help the company to achieve economies of scale and be more competitive in the international market.
Differences in domestic and foreign cultures, the existence of companies producing similar products, and availability of local currencies are also important factors to consider when operating in the international market, but they do not necessarily facilitate success. Differences in domestic and foreign cultures can create communication and marketing challenges. The existence of companies producing similar products can increase competition and reduce market share. Availability of local currencies can affect exchange rates and financial risks. However, the provision of government subsidies is a positive factor that can facilitate the successful operation of a company in the international market.