Which of the following refers to an opportunity available for small firms interested in global operations?
A) Expansion of markets and product diversification
B) Rapid change in political systems
C) Fluctuating foreign exchange rates
D) Cultural and language barriers

Question

Quizplus · Accepted Answer

Expansion of markets and product diversification refers to the opportunity available for small firms interested in global operations. This involves entering new markets and offering a wider range of products to increase revenue and growth potential. The other options, such as rapid change in political systems, fluctuating foreign exchange rates, and cultural and language barriers, are challenges and risks that must be navigated in order to succeed in global operations.

Which of the Following Refers to an Opportunity Available for Small