Question

Firms engage in international operations because they can benefit from:

a) Cheap labor, cheap resources, and fair market opportunities.
b) Competitive labor prices, cheap resources, and enormous market opportunities.
c) Lax government regulation, low taxes, and few laws.
d) Unsophisticated employees and customers, eager learners, and a few consumer goods.

Answer 1

International firms engage in international operations to benefit from cheap labor, cheap resources, and fair market opportunities. Reductions in trade barriers and improved transportation and communication have also contributed to the growth of international operations.

Step-by-step explanation:

International firms engage in international operations because they can benefit from a variety of factors such as cheap labor, cheap resources, and fair market opportunities. These benefits allow firms to reduce production costs and access new markets. Additionally, reductions in trade barriers, improved transportation, and communication media have made people more aware of what is available in the rest of the world, creating opportunities for companies to expand globally.