Which of the following statements is true about the role of international sales for small and medium-sized businesses?
A) international sales are not easily facilitated through e-commerce
B) international sales have become a vital and growing part of the market for small to medium-sized businesses
C) international sales require a change in a country's legal system
D) international sales have become a vital and growing part of the market exclusively for large businesses.

Question

Quizplus · Accepted Answer

B)International sales have become a vital and growing part of the market for small to medium-sized businesses.A recent study found that nearly a quarter of U.S.small firms receive some sales from overseas,and another 6 percent is expected to join their ranks for a combined total of approximately one million small to medium-sized business owners who engage in international sales in the near future.Globalization,the Internet,and e-commerce have made it easier than ever for small businesses to reach the 95 percent of consumers that do not live in the United States.Exporting gives small businesses the opportunities to tap into new markets,increase sales,generate economies of scale,and improve inventory management,as well as help maintain U.S.competitiveness and create jobs.

Which of the Following Statements Is True About the Role