Assignment:
Globalization, international trade, and innovation
International trade was once thought to be only for large businesses. That has changed. For this assignment, you are to write a brief paper on small business and international expansion. Be sure to view the globalization video provided in this module, then read the following resources. You may also read other resources on globalization and small business.
• SBA Office of International Trade
• Small Businesses Should Consider International Expansion
• Reauthorize key small business programs
Some things to think about:
1. What are the opportunities and threats do organizations face in the next five to ten years related to globalization?
2. How can small businesses take advantage of globalization opportunities?
3. What are the resources available to help small businesses engage in international trade?
4. What is the role of innovation in globalization?
5. Your paper should be around 500 to 750 words in length.