Question

Discuss this statement: "Internationalization is a relevant strategic option for high-tech venture expansion and growth." What makes this statement true? What facts support this statement?

Answer 1

Internationalization meaning- When companies operate internationally, out of its borders, this is called Internationalization.

That true. "Internationalization is a relevant strategic option for high-tech venture expansion and growth."

This can be understood by following points:

• Companies operate internationally to get the benefit of diversification, they get the benefit from business doing foreign countries, they get revenues in foreign currencies. Doing business Internationally brings growth for business, it grows and its revenue and net profit go up, it boosts companies' share price also.
• Companies can compete with their rivals in this cut throat competitive era.
• Companies get tax advantage while operating internationally.
• Number of potential clients and customers increase that increase the revenue for company.
• Companies achieve their brand value and their market share increases while operating internationally.