Describe and evaluate some of the economic and tax advantages of business expansion. How do...
Question:
Describe and evaluate some of the economic and tax advantages of business expansion.
How do economic and tax implications of expansion influence decisions on whether to expand or not and if expansion is undertaken, how do these implications shape decisions on the scale and character of expansion?
Business expansion
Business expansion refers to a process or a strategy whose main focus is to increase the number of stores in different locations which leads to an increase in customers and an increase in profit. Business expansion also helps in improving the employment opportunities.
Answer and Explanation: 1
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View this answerEconomic advantage:-
Economy of Scale
Economy of scale will be the most important economic advantage from expanding a business. By Expanding an...
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Reasons for International Business Expansion
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Chapter 13 / Lesson 1
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Explore the reasons for expanding business internationally. Learn the definition of international business expansion and see business expansion strategy elements.
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