Which of the following has enabled more small firms to internationalize through exporting? A) Internet capabilities B) Advanced HR practices C) Fewer government restrictions D) Stability of foreign currencies

Business Dec 27, 2020

Which of the following has enabled more small firms to internationalize through exporting?

A) Internet capabilities

B) Advanced HR practices

C) Fewer government restrictions

D) Stability of foreign currencies

Expert Solution

Answer:A) Internet capabilities.

Internationalization is a process where a firm advances from local markets to international markets. Internet is one of the drivers that has helped to internationalize small firms. The internet has benefited small businesses through finding a market in foreign countries. Additionally, the internet has enabled online trading (E-commerce), which promotes exportation.

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