There are different reasons firmscite when explaining why they cross the borders of their home country andbecome multinational corporations. Reasons: Identify InternationalOpportunities Explore...

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Strategic Development - Incentives to
Globalize
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With globalization and localization in the world market firms are expanding in
various international markets to gain various advantages such as large customer segment,
increasing sales, growth, technological benefit, low cost of production, better resource, global
human talent etc (Sharan, 2009). however, in this era of 21
st
century the most prominent
reasons international are gaining strategic competitiveness and better utilization of resources
and capabilities by the firm.
Internationalization helps organization in developing strong business network and
increases its market position and brand value. With the help of various internationalization
strategies such as expansion, integration and penetration...