Final answer:
The statement is true as cloud computing allows businesses to operate globally with reduced challenges posed by international boundaries, enabling both small and large firms to manage operations and reach customers worldwide.
Step-by-step explanation:
The statement 'With cloud computing, international boundaries become less important and even less challenging' is true. Cloud computing enables businesses to operate on a global scale without the need for significant physical presence in different countries. This has diminished the challenges associated with international boundaries. As a result, firms can easily manage operations and reach customers worldwide, bypassing traditional geographical limitations.
Furthermore, this trend towards globalisation through the advancements in information and communication technologies has led to an increase in competition across regions and nations. This increased competition influences the size and strategies of firms, as they adjust between the forces that favor smaller, agile businesses and those that create dominant, large corporations with extensive reach.