Only large firms have the resources needed to successfully compete in the global environment.
Small businesses are often better prepared to take the leap into global markets than large,cumbersome corporations saddled with bureaucracies.

Question

Quizplus · Accepted Answer

This statement is false. Small businesses can use their flexibility and adaptability to enter global markets more easily and quickly than large corporations. Additionally, advancements in technology and communication have made it easier for small businesses to connect with global customers and suppliers.

Only Large Firms Have the Resources Needed to Successfully Compete