Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following statements best describes the possibilities for small businesses in global markets? Multiple Choice Small businesses have little chance of competing against
Which of the following statements best describes the possibilities for small businesses in global markets?
Multiple Choice
Small businesses have little chance of competing against giant multinational corporations in global markets.
Small businesses are often better prepared to enter global markets than large, bureaucratic corporations.
Small businesses already dominate global business. In fact, most multinational corporations are actually quite small.
The main problem faced by small businesses in global markets is that franchise arrangements favoured by small business owners are illegal in most countries.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started