INTERNATIONAL BUSINESS

All of the following are benefits of international business except

• expanded business opportunities
• increased sources of raw materials
• decreased competition
• improved political relationships

All business activities needed to create, ship, and sell goods and services across national borders are considered to be 

• domestic business
• international business
• global dependency
• none of these

Making, buying, and selling goods and services within a country is called

• international business
• global dependency
• domestic business
• none of these

International business involves the buying and selling of products or services between countries.

• True
• False

An example of domestic business is when a person living in Canada buys  a product made in Germany.

• True
• False

A Company making, buying, and selling goods and services within a country.

• Domestic
• International

Germany sends a shipment of cars to the United States.  This is an example of what type of business? 

• Domestic
• International
• Multinational
• Franchising

If your main method of transportation is by boat and air travel for your business, which of the following should you consider?

• Geography of the country
• Culture & Customs of the people
• Economic Development
• Political/Legal Concerns

In order for Coca-Cola products to be bought and sold around the world, a country must have rights to a . .

• Franchise
• Business Ownership
• License
• Other

What is the largest franchise in the world?

• KFC
• Subway
• Wendy's
• McDonald's