Why are small businesses becoming more involved in international business? What is the simplest way for a small business to globalize?

What will be an ideal response?

Technology allows small businesses to have access to customers without the previous expense and investment. Exporting is the simplest form of international business.

Business

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Paul, age 62, is applying for a universal life insurance policy and wants to arrange the beneficiary designation in such a way as to use the proceeds to provide lifetime income to his spouse, Marsha. Which of the following settlement options is best suited for this purpose?

A) The insurer can distribute the proceeds in a lump-sum payment, deposit the money in a bank account, and then set up a periodic distribution plan for Marsha. B) Paul, as the owner, can pick life income as the settlement option his spouse must take when he dies. This option will give Marsha a monthly income she cannot outlive. C) Paul can select the fixed-period option and base the distribution period on Marsha's life expectancy at the time of Paul's death. D) Paul can leave the proceeds with the insurance company to accumulate interest and distribute the interest to Marsha."

Business

Sushi, falafel, tandoori chicken or pizza is in demand in many parts of the world. This phenomenon can be due to the pluralization of consumption and segment simultaneity

Indicate whether the statement is true or false

Business