Why do companies “go global”?
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Why do companies “go global”? |
Explanation & Answer

Here is a tip:
Business expansion and cost-cutting
Explanation
One of the main reasons companies go global is to increase sales and expand their business in foreign markets. Countries with cheap raw material, labor, and production cost, along with business-friendly policies and regulations, also attract many companies.
Verified Answer
To capture foreign markets and take advantage of tax reliefs, low production costs, and less regulatory burden
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