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Business Group B

Business Group B

Assessment

Presentation

Business

11th - 12th Grade

Hard

Created by

Patricia Myers

FREE Resource

3 Slides • 6 Questions

1

Business Group B

Topic A1: Why do businesses trade internationally?

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2

Multiple Choice

What do businesses trade internationally?

1

To earn respect from the world

2

Out of necessity, due to lack of resources

3

They find it easier to deal with other country's

4

To take over the country's economy

3

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4

Multiple Choice

What does specialization of a country mean?

1

The country is special

2

The country gets special privileges

3

The country's resources what they have to offer

4

The country is a tier banding system

5

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6

Poll

List 4 reasons why business's need to trade with other country's?

Yield higher returns

Increase customer base globally

Relinquish some of their country's debt

Economic growth

7

Multiple Choice

The first Tesco store was built in London. Tesco have since opened stores all accross the UK and in other countries. Which type of business growth is this?

1

Internal (organic) growth

2

External growth

8

Multiple Choice

Which of the following is most likely to be a benefit of business growth?

1

Increased costs

2

Increased sales

3

Increased competition

4

Increased chance of failure

9

Multiple Choice

Dyson started by selling vacuum cleaners...they now sell hand dryers, washing machines, and fans. Which type of business growth is this an example of?

1

Internal (organic) growth

2

External growth

Business Group B

Topic A1: Why do businesses trade internationally?

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