GENERAL KNOWLEDGE

GK

HUMAN RESOURCE MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Identifying foreign business opportunities is one of the barriers to internationalization for SMEs
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The research showed there are ten major barriers faced by SMEs: competition barriers; financial access; price of energy; technology; inefficient production cost; economic factors; management skill; process; limitation of sales; and raw material.

Detailed explanation-2: -Rising Costs & Reduced Revenue. Rising costs and reduced revenue are one of the biggest challenges SMEs are facing. Skill & Talent Shortages. Managing Expansion. Attracting New Customers. Coping with Market Competition. Securing & Managing Funds. 19-Jan-2022

There is 1 question to complete.