Questions: Many franchises are expanding internationally because - there are markets available all over the world - there is much more competition - it is expensive to adapt products - Cultural barriers are not significant

The answer is there are markets available all over the world.

This is a primary reason for international expansion. Franchises seek to tap into new and emerging markets to increase their customer base and revenue. Globalization has opened up numerous opportunities for businesses to expand beyond their domestic borders.

While increased competition can be a factor in a franchise's decision to expand, it is not the primary reason for international expansion. Instead, franchises often look to international markets to find less saturated environments where they can establish a strong presence.

This is generally a challenge rather than a reason for expansion. Adapting products to meet local tastes and regulations can be costly, but franchises undertake this to succeed in new markets, not as a reason to expand.

Cultural barriers can indeed be significant and pose challenges to international expansion. However, many franchises have developed strategies to overcome these barriers, such as localizing their offerings and marketing strategies. This is not a reason for expansion but rather a consideration in the process.