Chapter 5-9

Small businesses that engage in international business are more likely to shrink.

• True

• False

How can really small businesses serve international customers?

• By hiring more employees

• By using the internet and online payment systems.

• By only having firms in one country

• By terminating employees

Which answer is not a program offered by the SBA that helps expand small businesses to world markets?

• counseling small firms to find market overseas

• matching small-business executives with overseas customers

• helping exporters to secure financing

• help small businesses create more firms in only one country

The State Trade Expansion Program helps small businesses find overseas customers and obtain grants.

• True

• False

Small businesses do not need to adapt to demographic and economic changes in the world marketplace.

• True

• False