Which combination of global market influences would support a business's decision to expand globally? A - HSC - SSCE Business Studies - Question 13 - 2022 - Paper 1

To identify which combination of global market influences would support a business’s decision to expand globally, consider the economic conditions that facilitate growth. An improved economic outlook typically signals a robust market with increased consumer demand and potential profitability for businesses.

Moreover, low interest rates are favorable for expansion because they lower the cost of borrowing, making it easier for businesses to finance their growth initiatives. Therefore, the combination of an improved economic outlook and low interest rates provides the optimal environment for a business looking to expand its operations globally, enhancing the likelihood of success in new markets.