Question

Firms that operate internationally are able to do all of the following EXCEPT: A. realize location economies. B. benefit from producing more standardized products and services. C. realize greater cost economies from experience effects. D. earn a greater return by leveraging any valuable skills developed in foreign operations and transferring them to other entities.

Answer 1

The incorrect statement is letter "B": benefit from producing more standardized products and services.

Step-by-step explanation:

Companies that broaden their operations are most likely in need to adapt their products or services to local markets. All consumers around the world do not have the same preferences and expectations because of different factors mainly cultural. Therefore, the greater the presence of a firm in foreign countries, the more diverse their products will be according to each region of operations.