A Fundamental Activity for Global Small Business Success Is

question 105

Multiple Choice

A fundamental activity for global small business success is:

• A)avoiding rigid planning that commits the business'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 business's competitors is capable of copying its strategy.
• D)tapping government programmes that provide incentives for international expansion.

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Definitions:

Total Investment

The sum of all expenditures on capital assets, such as buildings, equipment, and inventories, over a specific period.

Investment Spending

Expenditures on capital goods used to increase productive capacity or efficiency, including factories, machinery, and technology.

National Election

A formal and organized choice by vote of a country's electorate to select public officials or to make decisions on public policy.

Interest Rate

The percentage of a loan that is applied as interest for the borrower, usually indicated as an annual percentage of the remaining loan balance.