From a Competitive Standpoint,small Businesses Cannot Expect to Successfully Compete

question 29

True/False

From a competitive standpoint,small businesses cannot expect to successfully compete with large corporations in international markets.
Small businesses have certain advantages over larger rivals in international markets.Overseas buyers often prefer to deal with individuals rather than corporate bureaucracies.Moreover,small businesses can often begin shipping faster and offer more personal service.

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Definitions:

Role Management

The process of effectively understanding and balancing the multiple roles an individual may have within different contexts.

Organizational Socialization

The method by which new staff members acquire the necessary attitudes, knowledge, skills, and behaviors to operate successfully in a company.

Adjustment Process

A method or series of actions taken to adapt or conform to new conditions or changes.

Reality Shock

The stress and disorientation that individuals experience when they encounter a significantly different reality from their expectations.