International Business
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Questions and Answers

Which of the following is NOT a characteristic of international business?

  • Managing foreign exchange risks
  • Navigating diverse legal and regulatory frameworks (correct)
  • Understanding cultural differences
  • Adapting to local market conditions

    • What are some advantages of international business?

  • Access to new markets
  • Diversification of revenue sources
  • Access to resources and technology
  • All of the above (correct)

    • What activities are included in the scope of international business?

  • Importing and exporting
  • Foreign direct investment (FDI)
  • Licensing and franchising
  • All of the above (correct)

    • What are some challenges of international business?

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

    What does international business involve?

    <p>Economic exchange of goods, services, technology, and resources across national borders</p> Signup and view all the answers

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