Podcast
Questions and Answers
What is the primary objective of international business?
What is the primary objective of international business?
- To establish a boundaryless organization
- To liberalize rules and regulations
- To expand business functions within domestic markets
- To fulfill the needs and wants of international customers (correct)
What is happening to the world boundaries over time?
What is happening to the world boundaries over time?
- They are remaining the same
- They are disappearing completely
- They are becoming thicker and more rigid
- They are getting thinner and thinner (correct)
What is international business defined as, according to the International Business Journal?
What is international business defined as, according to the International Business Journal?
- A commercial enterprise that operates solely within its location
- A commercial enterprise that performs economical activity beyond its location and has branches in two or more foreign countries (correct)
- The exchange of goods and services between two or more countries
- A boundaryless organization that operates globally
What is driving the expansion of business functions into international markets?
What is driving the expansion of business functions into international markets?
Who is quoted as saying that the world is a boundaryless organization?
Who is quoted as saying that the world is a boundaryless organization?
What is exchanged among individuals and businesses in international business?
What is exchanged among individuals and businesses in international business?
What is the primary reason for complications in international business?
What is the primary reason for complications in international business?
What is the characteristic of international business that makes it bound by numerous rules and regulations?
What is the characteristic of international business that makes it bound by numerous rules and regulations?
What is the name of the company that is credited with starting international business in India?
What is the name of the company that is credited with starting international business in India?
What were the two major events that led to a slowdown in international business?
What were the two major events that led to a slowdown in international business?
What is the definition of international business?
What is the definition of international business?
What is the reason why international business is not as simple as it seems?
What is the reason why international business is not as simple as it seems?
