Podcast
Questions and Answers
International Business refers to any firm engaged in both international ______ and investment.
International Business refers to any firm engaged in both international ______ and investment.
trade
International Trade occurs when firms export or import goods or services to and from countries other than their ______.
International Trade occurs when firms export or import goods or services to and from countries other than their ______.
countries
There's a Trade Surplus in countries where export activities are higher than ______ activities.
There's a Trade Surplus in countries where export activities are higher than ______ activities.
import
Free Trade allows unrestricted export and import of goods from one country to other ______.
Free Trade allows unrestricted export and import of goods from one country to other ______.
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Outsourcing is the practice of hiring or contracting services of another company to perform part of the firm's ______ operations.
Outsourcing is the practice of hiring or contracting services of another company to perform part of the firm's ______ operations.
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Entrepreneurship involves the recognition of opportunities such as needs, wants, problems, and challenges to create and develop products to take advantage of those ______.
Entrepreneurship involves the recognition of opportunities such as needs, wants, problems, and challenges to create and develop products to take advantage of those ______.
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Intrapreneurship is a form of entrepreneurship that occurs within a business that is already ______ existence.
Intrapreneurship is a form of entrepreneurship that occurs within a business that is already ______ existence.
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An Intrapreneur is an employee of a firm who uses entrepreneurial skills to create and develop innovative products for the ______.
An Intrapreneur is an employee of a firm who uses entrepreneurial skills to create and develop innovative products for the ______.
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SWOT Analysis is a tool that helps a company evaluate its internal characteristics and external ______.
SWOT Analysis is a tool that helps a company evaluate its internal characteristics and external ______.
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Strategic Management is the field of knowledge that addresses questions regarding the development and implementation of effective business ______.
Strategic Management is the field of knowledge that addresses questions regarding the development and implementation of effective business ______.
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