Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sairsha has perfected the art of glass-blowing. She's made gifts for her friends for years and has always gotten rave reviews, so she decided to

Sairsha has perfected the art of glass-blowing. She's made gifts for her friends for years and has always gotten rave reviews, so she decided to make a business out of her craft. She plans to run the business out of her home so she can be there to raise her children and still participate in all of their activities. Sairsha is not interested in growing a large business; she just wants to make extra income. Sairsha is best described as a(n) Multiple Choice Intrapreneur. business Incubator. enterprise zone. micropreneur. While not knowing how to get started and cultural differences make the prospect of global trade difficult for small businesses, there is one bright spot on the horizon that has brought global trade closer to home. Small businesses can now Multiple Choice buy health Insurance for employees abroad that is much cheaper than in the United States. avold U.S. labor laws that do not permit them to employ child labor. use technology such as PayPal to fulfill orders, which gives them some assurance of payment. delegate the details of going global to U.S. government employees who are mandated to assure small businesses succeed abroad. Small businesses often have advantages in International markets. One advantage is Multiple Choice a greater expertise in managing the paperwork required to sell goods in International markets. a better understanding of the cultural differences involved. the ability to obtain financing through the International Monetary Fund. Individualized customer service as opposed to Impersonal corporate bureaucracles

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Scoreboard Your Practice 7 Numbers To Understand Your Design Firms Financials

Authors: Rick J Linley

1st Edition

1039138985, 978-1039138988

More Books

Students also viewed these Accounting questions

Question

1. The evaluation results can be used to change the program.

Answered: 1 week ago

Question

5. To determine the financial benefits and costs of the program.

Answered: 1 week ago