Global Business Trends Quiz

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Questions and Answers

Primary types of international business are ______ trade and foreign direct investment (FDI)

import export

Businesses were increasingly adopting digital technologies to improve operations, enhance customer experiences, and stay competitive. The COVID-19 pandemic accelerated the adoption of ______ work

remote

Hybrid work models were becoming more ______

common

Global business trends can vary over time, but as of last update in September 2021, here are some key trends that were shaping the business ______

<p>landscape</p> Signup and view all the answers

Global business consist of transactions that are devised and carried out across national borders to satisfy the objectives of individuals, companies, and organizations. These transactions take on various forms, which are often ______

<p>interrelated</p> Signup and view all the answers

Flashcards

Primary Types of International Business

The buying and selling of goods and services across national borders, and investment made to acquire lasting interest in enterprises operating outside of the investor's economy.

Remote Work

Work arrangement where employees work from outside of a traditional office environment, enabled by digital technology.

Hybrid Work Models

A mix of working from the office and working remotely. Giving people the option to choose.

Global Business

Transactions that are planned and executed across national borders to achieve the goals of individuals, companies, and organizations.

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Interrelated transactions

Multiple forms of global business activities that often affect each other.

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Study Notes

International Business

Primary types of international business include trade and foreign direct investment (FDI)

Impact of COVID-19 on Business

The COVID-19 pandemic accelerated the adoption of remote work
Hybrid work models were becoming more prevalent

Global Business Trends

As of September 2021, several trends were shaping the business landscape
Global business consists of transactions devised and carried out across national borders to satisfy individual, company, and organizational objectives
These transactions take on various forms