Which of the following is TRUE regarding internationalizing firms?

Question

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SMEs (small and medium-sized enterprises) may not have the same level of resources as larger MNEs (multinational enterprises), but they are still able to internationalize successfully and operate in foreign markets. This is due to advancements in technology and communication, and the availability of global supply chains. Option A is incorrect as smaller firms can also internationalize successfully. Option C is incorrect as opportunism may be difficult to detect and remedy in international markets. Option D is incorrect as transaction costs can be a factor that prevents some firms, both large and small, from internationalizing.

Which of the Following Is TRUE Regarding Internationalizing Firms