Commercial banks and major accounting firms are rarely willing to assi

QUESTION

Commercial banks and major accounting firms are rarely willing to assist small firms in starting export operations due to high default risks.

Indicate whether the statement is true or false.

ANSWER

FALSE
Commercial banks and major accounting firms are more willing to assist small firms in starting export operations than they were a decade ago. In addition, large multinationals that have been successful in the global arena are typically willing to discuss opportunities overseas with the owners or managers of small firms