Final answer:
The next step in the decision-making process for a small firm entering the international market is market research and analysis.
Step-by-step explanation:
The next step in the decision-making process for a small firm that has decided to enter the international market is market research and analysis. This step involves gathering information about the target country's market conditions, such as the size of the market, competition, consumer preferences, and legal requirements.
The firm needs to assess the potential demand for its product or service, understand the cultural and economic factors that could affect its entry, and evaluate the risks and opportunities associated with entering that particular country.