
BIBM101_1
Quiz
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Business
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University
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Practice Problem
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Medium
Olga Gonokhova
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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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