Preparing to Go International - When most people think of international business, they envision large, multinational corporations with operations all over the globe. A common conclusion is that small- and medium-sized businesses are at a disadvantage in terms of their ability to compete internationally. Actually, research shows that the size of a business is not a barrier to entry into international markets; it merely limits the number of markets. Having improper strategies, negative attitudes toward expansion abroad, or lack of experience may keep businesses out of the international game, but size does not have to be a factor. In fact, the same competitive advantages your unique skills, talents, and products that have made your business successful in local markets may create the same advantage in foreign markets. a) List FIVE (5) factors should consider when preparing an international business plan. (5 marks) b) Discuss any FIVE (5) elements of "Global Test" that lead to be success in international business. Please support with appropriate example. (10 marks) c) Describe FIVE (5) ways (methods) for small businesses to conduct international trade. Please support with appropriate example. (10 marks)