Domestic market
Market where trading happen within a single country
- 1 min read
- 1 chapters
- 1 lab on Lably
Learn it on Lably
There are certain limitations when competing in a domestic market, many of which encourage firms to expand abroad. The main reasons why a business would decide to expand abroad are limited market size and limited growth within the domestic market. The European single market aims to integrate member states and other parties into something resembling a domestic market by reducing barriers and cutting red tape.
More in Business Studies
Maslow's hierarchy of needsTheory of developmental psychologySocial responsibilityEthical frameworkSecurities and Exchange Board of IndiaRegulatory body for securities and commodity market in IndiaArticles of associationConstitution of a corporationDelegationOne of the core concepts of management leadershipFinancial managementManagement of money in such a manner as to accomplish the objectives of organization

