Small businesses are hesitant to involve in global business because it:
A)limits the access to advanced technologies in less developed countries.
B)slows down the rate at which people's living standards increase.
C)involves various trade laws or tariffs.
D)empowers governments to abuse the freedom and property of their citizens.

Question

Small businesses are hesitant to involve in global business because it:
A)​limits the access to advanced technologies in less developed countries.
B)slows down the rate at which people's living standards increase.
C)involves various trade laws or tariffs. 
D)​empowers governments to abuse the freedom and property of their citizens.

Quizplus · Accepted Answer

Involvement in global business involves various trade laws or tariffs which can be overwhelming for small businesses who may not have the resources to navigate them. This can be a deterrent for small businesses considering expanding globally. The other options are not necessarily reasons for hesitancy in small businesses to engage in global business.

Small Businesses Are Hesitant to Involve in Global Business Because