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Internationalization Challenges for Small Firms

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What are the key barriers to small business internationalization? What recommendations would you make to small businesses in overcoming these barriers? What challenges do you think small businesses would experience in implementing your ideas?

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Solution Summary

The solution helps outline issues in global expansion such as understanding foreign culture and communication, as well as ideas on how a small business can overcomes those challenges. It discusses key barriers to small business internationalization, recommendations to make to small businesses, and challenges a small business would experience. The explanation is given in just over 200 words.

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Questions: What are the key barriers to small business internationalization? What recommendations would you make to small businesses in overcoming these barriers? What challenges do you think small businesses would experience in implementing your ideas?

Solution:

The main barrier to internationalization of small businesses include lack of understanding and knowledge about other cultures, customs and business ...

Solution provided by:
Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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