Podcast
Questions and Answers
Which of the following is a type of transaction in international business mentioned in the text?
Which of the following is a type of transaction in international business mentioned in the text?
- Regional franchising
- Local direct investment
- Export-import trade (correct)
- National management contracts
What does international business facilitate, according to the text?
What does international business facilitate, according to the text?
- Limitation of consumer choices
- Mobility of labor, capital, and technology (correct)
- Centralization of resources
- Reduction of employment opportunities
Which of the following is a type of company mentioned as going global in the text?
Which of the following is a type of company mentioned as going global in the text?
- Domestic furniture companies
- Regional clothing companies
- Art, film, and music companies (correct)
- Local food companies
What does international business cause to flow across the world, according to the text?
What does international business cause to flow across the world, according to the text?
What does international business offer consumers?
What does international business offer consumers?
What are the different types of firms mentioned in the text that are going global?
What are the different types of firms mentioned in the text that are going global?
What are the objectives of individuals, companies, and organizations that international business transactions aim to satisfy?
What are the objectives of individuals, companies, and organizations that international business transactions aim to satisfy?
List the different types of transactions that are part of international business as mentioned in the text.
List the different types of transactions that are part of international business as mentioned in the text.
What factors should be considered in determining how an idea, good, or service will fit into the international market?
What factors should be considered in determining how an idea, good, or service will fit into the international market?
What should be the consideration when deciding whether to use trade or investment to enter a foreign market?
What should be the consideration when deciding whether to use trade or investment to enter a foreign market?
