
Business Theme 4 re-cap
Authored by Wesley Landsdale
Business
12th Grade
Used 2+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Selling goods and services to another country is considered?
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following would be considered an international business transaction?
purchasing products in one country and assembling them in the same country
recruiting employees internationally
borrowing money from a major bank to finance capital improvements
shipping finished products from one country to another for retail sale
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The Internet has helped small businesses compete in global markets because it ________
allows them to establish a physical presence in each country
avoids transactions involving foreign exchange
reduces entry costs
eliminates price controls
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is a primary reason that firms acquire resources and supplies from other countries?
comply with trade regulations
minimize resource competition
decrease shipping and handling costs
obtain items unavailable in home country
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Any organization that engages in cross-border commercial transactions with individuals, private firms, and/or public sector organizations is a(n) ________.
multinational corporation
multinational enterprise
international business
franchise
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Firms that enter new markets can benefit from economies of scale and diversified revenue streams.
True
False
7.
MULTIPLE CHOICE QUESTION
15 mins • 5 pts
All of the following are benefits of international business except
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