When internationalizing, entrepreneurs are advised to be:

Question

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When internationalizing, entrepreneurs need to be bold and take calculated risks in order to succeed in new markets. Being timid or inflexible may hinder their ability to adapt to the new environment and compete effectively. Compulsive behavior may also be detrimental, as it can lead to hasty decision-making without proper analysis and planning. Therefore, the best choice is to be bold. When internationalizing, entrepreneurs need to be bold in order to take calculated risks, adapt to new cultures and business practices, and seize new opportunities. Being timid or inflexible can hinder their success in entering and thriving in a new market. Compulsive behavior may also be detrimental as it may lead to rushing decisions without proper analysis and evaluation.

When Internationalizing, Entrepreneurs Are Advised to Be