Which of the following statements is true about the trends in the changing nature of multinational enterprises?
A) Global business activity is increasingly being dominated by large U.S. multinational corporations.
B) The number of medium-size and small multinationals is decreasing continuously.
C) The ranks of the world's largest 100 multinationals are dominated by firms from developing economies.
D) The Internet is increasing the barriers that small firms face in building international sales.
E) International business is conducted not just by large firms but also by medium-size and small enterprises.

Question

Quizplus · Accepted Answer

The statement that international business is conducted not just by large firms but also by medium-size and small enterprises is true. There is a growing trend in recent years of medium-size and small firms entering the international market, facilitated by technological advancements such as the internet. Thus, options A, B, C, and D are incorrect statements.

Which of the Following Statements Is True About the Trends