Discuss the reasons why small businesses are so important to the U.S. economy. Understanding that “Diversity is also desirable for innovation, flexibility, and organizational success,” how does it then play a part in small business success? Please cite your sources.

Discuss the reasons why small businesses are so important to the U.S. economy. Understanding that “Diversity is also desirable for innovation, flexibility, and organizational success,” how does it then play a part in small business success? Please cite your sources.
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Discuss the reasons why small businesses are so important to the U.S. economy. Understanding that “Diversity is also desirable for innovation, flexibility, and organizational success,” how does it then play a part in small business success? Please cite your sources.
Answer

1.To define globalization and international business and show how they affect each other.

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1.To understand why companies engage in international business and why international business growth has accelerated

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1.To discuss globalization’s future and the major criticisms of globalization.

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Define entrepreneur.
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Define small business.
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Outline three requirements for encouraging entrepreneurship in medium-size and large businesses.
What is meant by the term entity integrity?
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What is redundancy, what are the impacts of redundancy, and how can redundancy be mitigated?
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