International Business & Entrepreneurship Quiz

What is one of the key risk factors in international business?

• Economic risk

• Legal risk

• Technological risk

• Social risk

Which of the following is an example of financial risk in international business?

• Changes in international policies

• Safety regulations

• Exchange rate fluctuations

• Tax laws

Which of the following is an example of political risk?

• Conflicts and unrest

• Changes in a country's policies, business laws

• Fraud

• Changes in regime or government

How can companies mitigate regulatory risk in international business?

• Implementing a regulatory risk management system

• Hiring a consultant for financial risk assessment

• Using AI for supply chain management

• Focusing on cross-cultural communication

What is one way companies can use AI?

• To manage cross-cultural communication

• To monitor safety regulations

• To analyze competitor landscapes

• To predict market potential

What does clean technology refer to?

• Maximizing pollutant creation

• Avoiding environmental damage through technology

• Increasing waste management costs

• Promoting creation of pollutants

What is the focus of the current digital economy?

• Integration of digital technologies across economies

• Development of environmental policies

• Promotion of industrial digitalisation

• Expansion of traditional industries

Why is sustainability important in international business?

• To increase regulatory costs

• To attract eco-conscious travelers

• To reduce market potential

• To promote financial risk

What are corporates doing to upgrade their supply chain models?

• Promoting protectionist measures

• Diversifying supply chains into different markets

• Reducing geopolitical uncertainties

• Increasing reliance on certain markets

One of the driving forces behind the digital economy?

• Expansion of traditional industries

• Increase in geopolitical uncertainties

• Promotion of environmental policies

• Industrial digitalisation