Only Large Firms Have the Resources Needed to Successfully Compete

question 44

True/False

Only large firms have the resources needed to successfully compete in the global environment.
Small businesses are often better prepared to take the leap into global markets than large,cumbersome corporations saddled with bureaucracies.

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Definitions:

Emotional Intelligence

The skill to recognize, govern, and articulate personal emotions while managing interactions with others in a considerate and sympathetic manner.

Cross Cultural Negotiations

The process of discussing terms and reaching an agreement or compromise involving parties from different cultures and often requiring sensitivity to cultural differences.

Role Conflict

Occurs when an individual faces incompatible demands or expectations from multiple roles they are engaged in.

Ambiguity

The quality of being open to more than one interpretation, vagueness, or uncertainty in meaning.