What are the three main challenges small businesses face when they go global? What strategies can a small company use to deal with each of these challenges?
Answer to relevant QuestionsWhat forms of assistance are available to small global firms? Which is likely to be of greatest benefit to small companies? Why?1. What were the primary motivations that led Lin and his partner to try to start a new business in China? Given their experiences there, do you think they should have considered launching in another country instead? Where? ...What type of small firm might effectively use a line organization? When might it be necessary to change the firm’s structure? To what type of structure? Why?In what ways is the workforce becoming more diverse, and how do these changes affect recruitment by small companies?1. Do you think Fried’s hiring methods are reasonable? Will they lead to good hires for his growing company? What are the best features of his approach (if you believe there are any)?2. Do you think it is a good idea for ...
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