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Global Business Expansion Strategies

by Daniel Anderson 1,*
1
Daniel Anderson
*
Author to whom correspondence should be addressed.
Received: 23 April 2021 / Accepted: 27 May 2021 / Published Online: 15 June 2021

Abstract

Abstract This paper explores the multifaceted strategies employed by businesses aiming to expand their operations globally. It delves into the challenges and opportunities associated with international expansion, emphasizing the importance of cultural sensitivity, market research, and strategic planning. The study examines various approaches, including market penetration, product adaptation, and strategic partnerships, and assesses their effectiveness in achieving successful global business expansion. Additionally, the paper discusses the role of technology and digitalization in shaping contemporary global business strategies, highlighting the significance of leveraging data analytics and e-commerce platforms. Through a comprehensive analysis of case studies from diverse industries, the paper provides insights into the best practices and potential pitfalls in executing a global business expansion strategy.

 


Copyright: © 2021 by Anderson. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
Cite This Paper
APA Style
Anderson, D. (2021). Global Business Expansion Strategies. International Review of Business & Management, 3(1), 20. doi:10.69610/j.irbm.20210615
ACS Style
Anderson, D. Global Business Expansion Strategies. International Review of Business & Management, 2021, 3, 20. doi:10.69610/j.irbm.20210615
AMA Style
Anderson D. Global Business Expansion Strategies. International Review of Business & Management; 2021, 3(1):20. doi:10.69610/j.irbm.20210615
Chicago/Turabian Style
Anderson, Daniel 2021. "Global Business Expansion Strategies" International Review of Business & Management 3, no.1:20. doi:10.69610/j.irbm.20210615

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ACS Style
Anderson, D. Global Business Expansion Strategies. International Review of Business & Management, 2021, 3, 20. doi:10.69610/j.irbm.20210615
AMA Style
Anderson D. Global Business Expansion Strategies. International Review of Business & Management; 2021, 3(1):20. doi:10.69610/j.irbm.20210615
Chicago/Turabian Style
Anderson, Daniel 2021. "Global Business Expansion Strategies" International Review of Business & Management 3, no.1:20. doi:10.69610/j.irbm.20210615
APA style
Anderson, D. (2021). Global Business Expansion Strategies. International Review of Business & Management, 3(1), 20. doi:10.69610/j.irbm.20210615

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