International Business and Management Quiz

The transfer of goods and services only between parties in two or more countries

The transfer of goods, services, technology, and capital between parties in two or more countries (correct)

The transfer of goods, services, technology, and capital only within one country

The transfer of technology and capital only between parties in two or more countries

The management of business operations for an organization that conducts business in more than one country (correct)

The management of business operations for an organization that conducts business in multiple countries but within one continent only

The management of business operations for an organization that conducts business in one country only

The management of business operations for an organization that conducts business in two countries only

Expertise in a specific industry only

Familiarity with the business regulations of the nations in which the organization operates, and an understanding of local customs and laws (correct)

Knowledge of the organization's home country business regulations only

Expertise in marketing strategies only