Do you believe that small companies should engage in international business? Why or why not?
Answer to relevant QuestionsWhat are the four basic forces driving small businesses to enter the global business arena. Which do you think is the most influential?What forms of assistance are available to small global firms? Which is likely to be of greatest benefit to small companies? Why?What are the four stages of small business growth,as outlined in this chapter? How do management requirements change as the firm moves through these stages?1. Is such a loosely organized firm likely to be as effective as a firm that defines jobs more precisely and monitors performance more closely? What are the advantages and the limitations of the managerial style described ...What problems are involved in using incentive plans in a small company? How would the nature of the work affect management’s decision concerning the use of such a plan?
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