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Questions and Answers
Which of the following is a reason why studying International Business (IB) is important?
Which of the following is a reason why studying International Business (IB) is important?
- Managers don't need to decide where to find resources and to sell
- The best way of conducting business is the same in every country
- Modes of operations are the same globally
- Most organizations are either international or compete with international companies (correct)
What does IB stand for?
What does IB stand for?
- International Banks
- International Business (correct)
- International Borders
- International Brands
Who performs international business mainly?
Who performs international business mainly?
- Individual firms (correct)
- Governments
- International agencies
- All of the above
What do firms do on an international scale in IB?
What do firms do on an international scale in IB?
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Why do firms seek foreign customers in IB?
Why do firms seek foreign customers in IB?
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Which of the following is a major objective of Chapter 2 in the text?
Which of the following is a major objective of Chapter 2 in the text?
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What is the main focus of section 2-4 in the text?
What is the main focus of section 2-4 in the text?
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Why is assessing culture in International Business (IB) tricky?
Why is assessing culture in International Business (IB) tricky?
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What is the role of national cultures in understanding culture in International Business (IB)?
What is the role of national cultures in understanding culture in International Business (IB)?
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Which of the following is NOT a major objective of Chapter 2 in the text?
Which of the following is NOT a major objective of Chapter 2 in the text?
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