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For the home​ company, which of the following is one of the goals of a global strategic partnership​ (GSP)?

A.Subsidies
B.Reducing the number of employees
C.Government incentives
D.Improved infrastructure
E.Market access

1 Answer

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Final answer:

The goal of a Global Strategic Partnership for the home company is market access, which allows companies to enter new markets, diversify risk, and improve competitiveness in the international arena.

Step-by-step explanation:

One of the goals of a Global Strategic Partnership (GSP) for the home company is E. Market access. A GSP aims to facilitate the entry of companies into new markets by leveraging the strengths and networks of each partner. With more extensive market access, firms can target a wider customer base and benefit from broader geographic reach. This can improve sales and business growth, helping companies to navigate the complexities of international trade and benefit from economies of scale.

Access to international markets can also help companies to diversify their risk and tap into new sources of revenue. Partnerships often aim to overcome trade barriers and protectionist measures, aligning with international agreements that prioritize sustainable development and inclusive cooperation. Ultimately, market access helps companies to be more competitive and align with global economic trends for recovery and growth.

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