International Business Concepts Quiz
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Questions and Answers

What is the characteristic of a transnational company related to information collection?

  • Language
  • Entry Requirements
  • Creation through extension
  • Scanning or Information Acquisition (correct)
  • What approach involves the headquarters coordinating the activities of subsidiaries?

  • Inter-Country Comparative Study
  • Geocentric Approach (correct)
  • Multidomestic Company
  • Political Factor
  • What is the stage of a multinational company where it formulates different strategies for different markets?

  • Transnational Company
  • Political Factor
  • Multidomestic Company (correct)
  • Creation through extension
  • Which factor discourages the spread of international business?

    <p>Political Factor</p> Signup and view all the answers

    What does a domestic company limit its operations, mission, and vision to?

    <p>National political boundaries</p> Signup and view all the answers

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