Explain the term"internationalization of firms value chain"?
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Expert's answer
2015-03-16T10:21:28-0400
In general, internationalization is the process of increasing involvement of enterprises in international markets. To enhance efficiency and to optimize profits, multinational enterprises locate "research, development, design, assembly, production of parts, marketing and branding" activities in different countries around the globe. This phenomenon is called internationalization of firms value chain.
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