International business is primarily the domain of large, resourceful firms.

Question

Quizplus · Accepted Answer

While large firms may have an advantage in terms of resources and global reach, small and medium-sized enterprises (SMEs) also play a significant role in international business. SMEs can leverage technology and digital platforms to expand their global presence and compete with larger firms. Additionally, many countries have government programs and initiatives to help SMEs enter and succeed in international markets.

International Business Is Primarily the Domain of Large, Resourceful Firms