Why do companies engage in international business?

International Business and Academic Pursuits

Interactive Video
•
Business, Education
•
10th - 12th Grade
•
Hard

Lucas Foster
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To focus on a single market
To avoid taxes
To compete with local businesses
To increase sales, acquire resources, and reduce risks
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major reason students pursue higher education?
To travel abroad
To increase their earning potential
To avoid working
To meet new friends
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do organizations increase their earning potential internationally?
By avoiding competition
By focusing only on local markets
By selecting markets and designing products for profit
By reducing product quality
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What resources do colleges provide to students?
Free housing
Unlimited internet access
Access to labs, libraries, and experienced professionals
Guaranteed employment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do organizations engage in international business for resources?
To increase local competition
To access additional natural resources and lower production costs
To avoid international laws
To focus on a single market
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do students reduce the risk of unemployment?
By traveling abroad
By working multiple jobs
By avoiding education
By obtaining an academic degree or trade certification
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a benefit of international business during an economic downturn?
It reduces product quality
It allows organizations to find sales in other markets
It increases local competition
It focuses on a single market
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