[solved] Which of the following account for why companies decide to enter foreign markets?
To gain more experience in employing effective offensive and defensive strategies
To establish an even bigger competitive advantage over the company's closest domestic rivals
To build a bigger and more diverse portfolio of competitively valuable resources and capabilities
To further exploit the company's competitively valuable resources and capabilities and to spread business risk across a wider market area
To grow and strengthen the profit sanctuary the company has in its domestic market