Which of the following statements about medium and small-sized firms is true?
A)Most of these firms are proactive about seeking opportunities for profitable exporting.
B)They consider exporting only after domestic markets are saturated.
C)These firms go out in the world to seek opportunities.
D)These firms have a high degree of familiarity with the foreign market opportunities.

Question

Quizplus · Accepted Answer

Typically,reactive firms do not even consider exporting until their domestic market is saturated and the emergence of excess productive capacity at home forces them to look for growth opportunities in foreign markets.

Which of the Following Statements About Medium and Small-Sized Firms