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Introduction to International Business & Globalization

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  • 1. Multiple Choice
    30 seconds
    1 pt

    What is international business?

    International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale.

    International business refers to a company has economic transactions that are done within the country's geographical limits.

    International business refers to privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

    International business refers to businesses that maintain revenues, assets or a number of employees below a certain threshold.

  • 2. Multiple Choice
    30 seconds
    1 pt

    Globalization defined as...

    is the widening set of interdependent relationships among people from different parts of a world divided into nations.

    service industries are very common to find on the most profitable small business list.

    segmentation in market research to understand consumer behavior.

    the sum total of all external and internal factors that influence a business.

  • 3. Multiple Choice
    30 seconds
    1 pt

    The following are the important to study international business...

    most companies are either international or compete with international companies

    global events and competition affect almost all companies, regardless of industry

    understanding of IB helps you make better career decisions

    All of these

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