Small companies often find that competing in foreign markets and selling to foreign customers makes them tougher competitors at home.

Question

Quizplus · Accepted Answer

Competing in foreign markets and selling to foreign customers requires small companies to improve their products and services, become more efficient and effective, and adopt new technologies and best practices, which can help them become tougher competitors at home. Additionally, exposure to diverse markets and customers can give small companies a competitive edge by providing them with new ideas, insights, and opportunities for growth and innovation.

Small Companies Often Find That Competing in Foreign Markets and Selling