Which of the following is true of medium-sized and small firms?
A)They are proactive about seeking opportunities for profitable exporting.
B)They consider exporting only after their domestic market is saturated.
C)They are not intimidated by the complexities of foreign legal systems.
D)They have a high degree of familiarity with foreign market opportunities.
E)They explore foreign markets to see where the opportunities lie for leveraging their technology.

Question

Quizplus · Accepted Answer

Medium-sized and small firms often consider exporting only after their domestic market is saturated because they may lack the resources, knowledge, or motivation to proactively seek international opportunities initially.

Which of the Following Is True of Medium-Sized and Small