Operating Globally Has Become Easier to Accomplish for Even Individuals

question 10

True/False

Operating globally has become easier to accomplish for even individuals and small companies, because of the advances in information/communications technology.

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Definitions:

Established Customer Base

A group of loyal customers a business has successfully developed over time, which forms the core of its regular buyers or clients.

Previous Management

Refers to the former team or individual(s) responsible for overseeing and directing the operations and strategic decisions of an organization.

Image

The general perception that the public or target audience has of a brand, company, or individual.

Business Location

The physical or virtual place where a company is situated or conducts its operations, which can significantly impact its success.