{"id":49023,"date":"2020-05-07T22:46:28","date_gmt":"2020-05-07T22:46:28","guid":{"rendered":"https:\/\/www.certificationanswers.com\/?p=49023"},"modified":"2024-06-10T15:32:40","modified_gmt":"2024-06-10T15:32:40","slug":"canadian-company-fresco-arts-is-planning-to-expand-to-three-additional-international-markets-within-the-year-which-three-bene%ef%ac%81ts-might-be-likely-outcomes-of-this-plan-choose-three","status":"publish","type":"post","link":"https:\/\/www.certificationanswers.com\/en\/canadian-company-fresco-arts-is-planning-to-expand-to-three-additional-international-markets-within-the-year-which-three-bene%ef%ac%81ts-might-be-likely-outcomes-of-this-plan-choose-three\/","title":{"rendered":"Canadian company Fresco Arts is planning to expand to three additional international markets within the year.\u00a0 Which three bene\ufb01ts might be likely outcomes of this plan? (Choose three.)"},"content":{"rendered":"<p>Canadian company Fresco Arts is planning to expand to three additional international markets within the year.\u00a0 Which three bene\ufb01ts might be likely outcomes of this plan? (Choose three.)<\/p>\n<p>Select All Correct Responses<\/p>\n<ul>\n<li><span style=\"color: #008000;\"><strong>Additional sales<\/strong><\/span><\/li>\n<li>Decreased costs<\/li>\n<li><span style=\"color: #008000;\"><strong>Increased pro\ufb01ts<\/strong><\/span><\/li>\n<li><span style=\"color: #008000;\"><strong>Wider customer base<\/strong><\/span><\/li>\n<li>Increased customer lifetime value<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Explanation<\/strong>:<\/p>\n<p>The correct answers are\u00a0<strong>Wider customer base<\/strong>,\u00a0<strong>Increased profits<\/strong>, and\u00a0<strong>Additional sales<\/strong>. Expanding into international markets can bring several benefits to a company like Fresco Arts. Firstly, entering new markets allows the company to tap into a wider customer base, exposing its products or services to a larger audience and potentially increasing brand awareness. With a broader reach, Fresco Arts can attract more customers, leading to increased sales and profits. Additionally, by diversifying its geographical presence, the company can mitigate risks associated with relying too heavily on a single market, thus strengthening its overall business resilience. Moreover, expanding into international markets may provide opportunities for Fresco Arts to capitalize on unique consumer preferences or market demands, further driving sales growth and enhancing its competitiveness in the global marketplace. Therefore, by strategically expanding into additional international markets, Fresco Arts can unlock new growth opportunities and bolster its position in the industry.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadian company Fresco Arts is planning to expand to three additional international markets within the year.\u00a0 Which three bene\ufb01ts might be likely outcomes of this plan? (Choose three.) Select All Correct Responses Additional sales Decreased costs Increased pro\ufb01ts Wider customer base Increased customer lifetime value &nbsp; Explanation: The correct answers are\u00a0Wider customer base,\u00a0Increased profits, and\u00a0Additional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[320],"tags":[],"class_list":{"0":"post-49023","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-google-ads-apps-certification-answers","7":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u25b7\u2764\ufe0fCanadian company Fresco Arts is planning to expand to three additional international markets within the year.\u00a0 Which three bene\ufb01ts might be likely outcomes of this plan? 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