
FOB QUIZ 1
Authored by Nora Liza
Business
12th Grade

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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of international business?
Transactions within the same continent
Transactions within the same country
Transactions within the same city
Transactions across national borders
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In international business, where do the buyer and seller belong?
Same continent
Different countries
Same city
Same country
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main difference in CURRENCY handling between domestic and international businesses?
Same currency for both
Different currencies for both
No currency involved
Cryptocurrency used
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What limits geographical boundaries in international businesses?
Geographical boundaries
No limits
Political boundaries
Economic boundaries
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major reason for studying international business?
To avoid competition
To start a job
To keep track of latest business trends
To learn about domestic business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an international business activity?
National direct investment
Regional franchising
Exporting and Importing
Local investment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of multinational companies?
To avoid global markets
To focus on domestic production
To operate independently in each country
To limit operations to one country
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