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A study commissioned by
HSBC Bank USA and carried out by the
Economist Intelligence Unit, looked at globally oriented companies in the Southeast over the past six years. Here's what it found: Companies enjoyed profit margins of slightly more than five percentage points above those of their more domestically oriented peers.
Greater global exposure over the rocky recessional years may have made more international firms more resilient,’’ said the study, which analyzed the level of sales and foreign operations among public companies.
Read more here: http://www.miamiherald.com/2013/08/18/3571471/study-going-global-correlates.html#storylink=cpy
So if you are interested in increasing your company’s profit margin, going global may be the way to do it.
Read the entire article
here. Note: Study cannot be found.
Read more here: http://www.miamiherald.com/2013/08/18/3571471/study-going-global-correlates.html#storylink=cpy
Read more here: http://www.miamiherald.com/2013/08/18/3571471/study-going-global-correlates.html#storylink=cpy
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