BIBM101_1

BIBM101_1

University

20 Qs

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BIBM101_1

BIBM101_1

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Olga Gonokhova

Used 10+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary difference between international and domestic business?

A. International business involves only private firms

B. International business transactions occur within one country

C. International business transactions cross national borders

D. Domestic business involves government agencies only

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What organization governs the Olympic Games?

United Nations

World Trade Organization

International Olympic Committee

Olympic Host Council

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a visible trade?

A. Legal consulting

B. Accounting services

C. Automobile exports

D. Tourism

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does FDI stand for in the context of international business?

Foreign Domestic Industry

Foreign Direct Investment

Fiscal Development Index

Federal Direct Insurance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of international business activity involves licensing a brand name to another company?

Importing

Exporting

Franchising

FDI

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cities might compete to host the Olympic Games because:

it can boost tourism and the local economy.

it guarantees winning more medals.

it reduces the city's expenses.

it decreases international attention.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a reason for governments to offer incentives to foreign investors?

To avoid taxes

To promote tourism and economic growth

To reduce population

To support agriculture

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