Ecn 600 Module 11 Discuss A Saudi Companys Ability To Expand

Analyzing Organizational Readiness to InternationalizeNameUniversityCourse Number: Course NameInstructor’s NameDue DateModule 11: Critical ThinkingAs companies mature their operations, they may decide to broaden their capacities to foreign markets based on veracious reasons. The primary reason for expansion is to increase growth, security for long-term survival, secure more profits, capitalize on economies of scale, ensure the supply chain's security, and risk diversification. Consequently, expansion exposes the busies to various fresh risk factors and more significant challenges that will have to be circumvented in the early stages or before setting up in foreign markets or will have to be mitigated along the expansion process. Apart from the benefits of the international expansion of a given company, there are numerous challenges associated with such an ambitious strategy that can significantly compromise the international venture and or slowdown to its domestic activities. Still, the ambition of pursuing foreign market share can be limiting for companies that do not possess specific capacities or assets to counteract the hurdles associated with this type of venture. This paper