Which of the following is the most common small business global strategy?

Question

Quizplus · Accepted Answer

Importing and exporting is the most common small business global strategy as it allows businesses to expand their reach without committing to significant investments or partnerships. This strategy involves selling goods and services internationally or sourcing materials and products from overseas suppliers. Small businesses often use this strategy initially to test foreign markets before moving on to more complex strategies like joint ventures or direct investment.

Which of the Following Is the Most Common Small Business