Think Your Business is Ready for Internationalization?

Michael Lee, Boise State University
Michael Wright, Boise State University

This document was originally published by Idaho Statesman in The Idaho Statesman. Copyright restrictions may apply.

Abstract

Many small and medium-size enterprises that reach a relative saturation point in their domestic market look toward the global stage as a way to grow into a multinational corporation. This is known as internationalization, the process of increasing business involvement in international operations. Internationalization requires considerable resources and coordination, and it is fraught with business risks.