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Introduction to International Business & Globalization

Authored by Simi Gendi

Business

University - Professional Development

Used 139+ times

Introduction to International Business & Globalization
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is international business?

International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale.

International business refers to a company has economic transactions that are done within the country's geographical limits.

International business refers to privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

International business refers to businesses that maintain revenues, assets or a number of employees below a certain threshold.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Globalization defined as...

is the widening set of interdependent relationships among people from different parts of a world divided into nations.

service industries are very common to find on the most profitable small business list.

segmentation in market research to understand consumer behavior.

the sum total of all external and internal factors that influence a business.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the important to study international business...

most companies are either international or compete with international companies

global events and competition affect almost all companies, regardless of industry

understanding of IB helps you make better career decisions

All of these

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the forces driving globalization EXCEPT...

increase in and application of technology

growth of consumer pressures

increased global competition

people behaviour

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the costs of globalization?

Threats to national sovereignty

Economic growth and environmental stress

All of these

Growing income inequality and personal stress

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following NOT example of international company?

Alex Minishop

IBM

Google

Nestle

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Benefits of international business is...

more job employment

all of these

increase FDI

variety of goods & services available

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