Concept explainers
To determine: The reasons on which RD a successful U.S company need to expand and sell it products to customers in foreign countries.
Introduction: International trade is an arrangement of activities that plan to trade capital, merchandise, and services between foreign nations over their worldwide outskirts.
Explanation of Solution
The reasons on which RD a successful U.S company need to expand and sell it products to customers in foreign countries are as follows:
At present, RD manufactures and sells more than 5,000 daily items such as mops, storage space boxes, toys, work area coordinators etc. While it has been greatly victorious in the United States, it is more troublesome for an organization like RD to expand sales in the United States as a result of its market immersion at home. The truth of the matter is that numerous organizations like RD have swung to clients in foreign countries as an approach to build sales and revenues.
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