Answer:
The correct option is to extend product's life cycle
Explanation:
International diversification is a risk management concept that involves businesses investing in more than one nation in order to reduce variability of investment returns.
Businesses invest internationally to ensure that profitability is maximized as losses from one country can counter-balanced with profits from another thereby guaranteeing investors positive returns, in other words,it is a "do not put all your eggs in one basket approach" to running a business.
Hence, the main purpose here is to be able to increase products life cycle by selling in different markets in the world.
Answer:
Raymond Vernon states that the classic rationale for international diversification is to:
Explanation:
International Diversification help in managing risk and positioning your portfolio for long-term growth.
Increased globalization and inter connectivity, increased bouts of volatility, lower bond yields and lower expected stock returns than in the past all suggest it's prudent for investors to branch out globally.
Also, positioning your products n a global scale opens the door to innovation that will help meet the needs of the diverse demographics within your reach.
