Which of the Following Best Describes the Outlook for Small

question 157

Multiple Choice

Which of the following best describes the outlook for small businesses in international markets?

• A)the world is a larger,and potentially a more lucrative market than the U.S.domestic market
• B)the threat of terrorist activities prevents small businesses from competing internationally
• C)most foreign buyers prefer to deal with large,well-known corporations rather than small businesses
• D)higher business costs eliminate the profit opportunities in global markets

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Definitions:

Professional Football

A competitive team sport known globally, where two teams attempt to move a ball into the opposing team's goal area to score points, often associated with leagues such as the NFL in the United States.

Satisfying Consumer Needs

The process of identifying and fulfilling the wants or requirements of consumers through the provision of products or services.

Marketing Program

A comprehensive plan that integrates various marketing strategies and tactics aimed at achieving specific marketing objectives.

Distribution Strategy

An approach to determine how a product or service will be delivered to the end customer.