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Small business internationalization

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Discuss 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?

(Optional) Competing in international business with multinationals places small businesses at a disadvantage for several reasons—principally liability of smallness. To survive in the international environment, how would small businesses address this idiosyncratic problem? 

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This solution explains the international expansion of small businesses.

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The key barriers are predicated upon the high failure rate of most new small business owners as there is a liability associated with being a new business, liabilities associated with size, which are placated upon the inability to produce goods or services on mass scales similar to large corporations, and limited international experience. The end result of these ...

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