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

question 46

Multiple Choice

Why are small and medium-sized firms not proactive in seeking export opportunities?

• A)They are familiar with the foreign market and know where they lie.
• 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 countries.
• D)Domestic regulations limit their ability to export profitably.

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Definitions:

Automatically Disseminate

The process of distributing information or data widely through automated means, often using technology without the need for manual intervention.

Lateral Thinking Method

A problem-solving approach that involves looking at situations from alternative perspectives to find creative solutions.

New Ideas

Fresh, innovative concepts or perspectives that have not been previously explored or implemented.

Fostering Development

Encouraging and supporting growth, progress, or advancement in a nurturing manner.