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