Which of the following statements reflects an important trend in the changing nature of multinational enterprises?
A)Global business activity is increasingly being dominated by large U.S.multinational corporations.
B)The number of medium-size and small multinationals is decreasing continuously.
C)The ranks of the world's largest 100 multinationals are dominated by firms from developing economies.
D)The Internet is increasing the barriers that small firms face in building international sales.
E)International business is conducted not just by large firms but also by medium-size and small enterprises.

Question

Quizplus · Accepted Answer

The statement that international business is conducted not just by large firms but also by medium-size and small enterprises reflects an important trend in the changing nature of multinational enterprises. This trend is often referred to as the "internationalization of small and medium-sized enterprises" (or "SMEs"), which refers to the growing number of smaller firms that engage in international business activities. This trend has been facilitated by technological advances, changes in global trade policies, and increased access to capital and markets.

Which of the Following Statements Reflects an Important Trend in the Changing