Many Medium-Sized and Small Firms Are Not Proactive in Seeking

question 28

Multiple Choice

Many medium-sized and small firms are not proactive in seeking export opportunities because:

• A) they are familiar with the foreign market and do not find it challenging enough.
• B) the export market is similar to the home market in terms of legal and business practices.
• C) they are intimidated by the complexities and mechanics of exporting to foreign countries.
• D) domestic regulations limit their ability to export profitably.
• E) they overestimate the time and expertise needed to cultivate business in foreign countries.

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Definitions:

Johari Window

An introspective tool that helps individuals and groups enhance communication and relationships by classifying knowledge of oneself and others into public, private, blind, and undiscovered quadrants.

Micromanages

A management style where a leader closely observes or controls the work of their subordinates or employees excessively.

Non-threatening

Describes an approach or behavior that is perceived as safe, inviting, and without any intention of causing harm or fear.

Co-workers

Individuals who work in the same organization or on the same team, sharing responsibilities and collaborating on projects.