Why are small and medium-sized firms not proactive in seeking export opportunities?
A)They are familiar with the foreign market and know where they lie.
B)The export market is similar to the home market in terms of legal and business practices.
C)They are intimidated by the complexities and mechanics of exporting to countries.
D)Domestic regulations limit their ability to export profitably.

Question

Quizplus · Accepted Answer

One reason more firms are not proactive is that many would-be exporters,particularly smaller firms,are often intimidated by the complexities and mechanics of exporting to countries where business practices,language,culture,legal systems,and currency are very different from the home market.

Why Are Small and Medium-Sized Firms Not Proactive in Seeking