Efforts to exploit the competitive advantage of specialized products across several international markets are more important to small businesses than to their large corporate competitors.

Question

Quizplus · Accepted Answer

Small businesses often specialize in niche products or services, which can give them a competitive advantage in international markets. Large corporations, on the other hand, may have more diverse product lines and may not rely as heavily on specialized products for their success. Therefore, efforts to exploit this competitive advantage are generally more important for small businesses.

Efforts to Exploit the Competitive Advantage of Specialized Products Across