Global Business - Chapter 1.2

Front

How does international business most commonly affect consumers?

Back

A greater variety of buying choices

Front

When a company in one country sells its products in another country, these products are

Back

exports

Front

The accepted behaviors, customs, and values of a society are referred to as that society's

Back

culture

Front

If two nations are involved in international trade, what can we be sure of?

Back

both nations expect to benefit from the trade

Front

Who is affected by international business?

Back

All people

Front

When a product is assembled in the United States, you can be sure that it is produced by a domestic business.

Back

False

Front

The four main factors that make up the international business operating environment include each of the following except: cultural and social factors, economic conditions, geography.

Back

labor unions

Front

If a company's headquarters is in the United States, is it a domestic company?

Back

False

Front

A manager greets foreign customers by calling them by their first names, a practice that is not appropriate until their parties are better acquainted, violates what condition?

Back

cultural and social

Front

A nation's geographic conditions that contribute to its ability to be successful in international business include:

Back

the river and seaports it possesses