Given below sue benefits of international business for firms:
1. Prospects for higher profits: It creates better prospects for higher profits.
2. Increased capacity utilisation: It leads to better utilisation of capacity.
3. Prospects for growth: It creates better prospects for growth.
4. Way out to intense competition in domestic market: International business acts as an alternate when there is intense competition in domestic market.
5. Improved business vision: When a business firm acts globally, it gives it an improved business vision.