International Business Quiz

International Business

• International business provides various benefits, such as increased sales, lower production costs, and access to new markets, customers, and resources.
• The primary reason for companies to engage in international business is to increase their sales and revenue by expanding into new markets.

Forms of International Business

• Common forms of international business include importing, exporting, licensing, franchising, and foreign direct investment.
• However, countertrade is NOT a common form of international business.

Test your knowledge on international business with this quiz! Explore the benefits of international business, understand the primary reasons for companies to engage in it and identify uncommon forms of international business. This quiz will challenge your understanding of the global business landscape.