A Fundamental Activity for Global Small Business Success Is

question 69

Multiple Choice

A fundamental activity for global small business success is

• A)avoiding rigid planning that commits the firm's resources to a single plan of action.
• B)determining international markets that increase the company's unique potentials.
• C)figuring out which of the firm's competitors is capable of copying its strategy.
• D)tapping government programs that provide incentives for international expansion.

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Definitions:

Stockholders' Equity

The portion of a company's assets that is owned outright by the stockholders, calculated as the difference between total assets and total liabilities.

Increase Assets

Refers to the growth in the economic resources owned or controlled by a business that can produce value.

Decrease Assets

A reduction in the value or amount of the economic resources owned by an entity.

Accounting Equation

The fundamental principle of accounting that represents the relationship between an entity's assets, liabilities, and equity (Assets = Liabilities + Equity).