What is International Business

What is international business?

• Selling goods within a country

• Selling goods to other countries

• Selling goods online

• Selling goods locally

What does international business include?

• Trade of goods and services within a country

• Trade of goods and services between countries

• Trade of goods and services within a city

• Trade of goods and services within a continent

What skills are required for international business?

• Understanding diverse business practices, laws, economies, and cultures

• Understanding domestic business practices only

• Understanding technology and capital

• Understanding physical goods and services

What is a multinational company?

• A company that operates in only one country

• A company that operates in multiple countries

• A company that operates in multiple cities

• A company that operates in multiple continents

How has the internet impacted international business?

• It has made international business opportunities more limited

• It has made international business opportunities more expensive

• It has expanded international business opportunities

• It has made international business opportunities more difficult