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Questions and Answers
Which of the following is NOT a characteristic of international business?
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?
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?
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?
What are some challenges of international business?
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What does international business involve?
What does international business involve?
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