Author Question: When a company expands its market by offering its products to international customers, it can ... (Read 34 times)

jenna1 · **on:** Jun 29, 2018

When a company expands its market by offering its products to international customers, it can produce more of its products efficiently, thus reducing the overall cost of each individual unit. This is known as _____.
a. product diversification
b. product differentiation
c. economies of scale
d. monopolistic competition

Question 2

Data, information, and intelligence all have the potential to create value to the firm through better decision making.

Indicate whether the statement is true or false