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Questions and Answers
Which two primary types of international business are mentioned in the text?
Which two primary types of international business are mentioned in the text?
- Import trade and foreign investment
- Import trade and foreign direct investment
- Export trade and foreign direct investment (correct)
- Export trade and foreign investment
What are two ways in which businesses were adopting digital technologies, as mentioned in the text?
What are two ways in which businesses were adopting digital technologies, as mentioned in the text?
- To improve operations and reduce costs
- To enhance customer experiences and reduce costs
- To improve operations and enhance customer experiences (correct)
- To enhance customer experiences and increase profits
What is a common work model mentioned in the text?
What is a common work model mentioned in the text?
- Digital work model
- Remote work model
- Traditional work model
- Hybrid work model (correct)
What trend is mentioned in the text but not fully described?
What trend is mentioned in the text but not fully described?
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What event accelerated the adoption of remote work, according to the text?
What event accelerated the adoption of remote work, according to the text?
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Study Notes
International Business
- Two primary types of international business are mentioned: importing and exporting, and foreign direct investment
Digital Technologies Adoption
- Businesses adopted digital technologies in two ways: by using digital platforms to connect with customers and by using digital tools to improve operational efficiency
Work Model
- A common work model mentioned is remote work
Emerging Trend
- The trend of digitalization and its impact on business is mentioned, but not fully described
Acceleration of Remote Work
- The COVID-19 pandemic accelerated the adoption of remote work
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