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Why Are Small Businesses Becoming More Involved in International Business

question 24

Essay

Why are small businesses becoming more involved in international business? What is the simplest way for a small business to globalize?


Definitions:

KPI

Key Performance Indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives.

Fulfillment Processes

The steps involved in completing an order or service request successfully, from the point of sale to delivery to the customer.

Warehouse

A large building where raw materials or manufactured goods may be stored before their distribution for sale.

Supplier Processes

The procedures and activities undertaken by suppliers to deliver products or services to their customers, including production, quality control, and distribution.

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