6 Questions
What is the main reason for businesses to expand internationally to new markets?
Economies of scale
Which aspect of culture can shape the way people think?
Language
What is a key component of business culture in an MNC?
Organizational culture
How does operating in multiple countries help businesses?
Risk diversification
Which level of culture in an MNC focuses on specific rules of doing things at jobs or industries?
Values
What guides a culture's behavior and preferences?
Values
This quiz focuses on the main reasons why businesses choose to expand internationally to new markets, such as revenue and risk diversification, economies of scale, and competitive advantage. It also covers the driving forces of globalization in the world economy.
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