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WorksheetsInternational Business
Total questions: 15
Worksheet time: 51mins
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
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
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
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
Firms that enter new markets can benefit from economies of scale and diversified revenue streams.
True
False
Emerging markets include countries such as the United States and Britain that are leading the globalization charge
True
False
