Expanding overseas is a great opportunity for businesses.
Strategies for Expanding Your Business Overseas

Quiz
•
Education
•
University
•
Easy
Tatiana Krasnova
Used 1+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Moving overseas can be expensive and a waste of time if done incorrectly.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Robert Solomon is a professor of international management at NYU Law School.
True
False
Answer explanation
He is a professor of international management at NYU Stern School of Business.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Robert Solomon is the author of Global Vision: How Companies Can Overcome the Pitfalls of Globalization.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When moving overseas, you know what you don't know.
True
False
Answer explanation
When moving overseas, you don't know what you don't know.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Growing overseas provides a sense of accomplishment for small businesses.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Doing research beforehand is not necessary when moving overseas.
True
False
Answer explanation
Doing research beforehand is necessary when moving overseas.
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Uber had a difficult time in Europe because it did not understand the political and legal differences between European countries and the United States.
True
False
9.
MULTIPLE CHOICE QUESTION
45 sec • 3 pts
Choose the correct summary of the video.
In this video, Robert Solomon provides tips on how to minimize risks when expanding a business overseas. He emphasizes the importance of researching and understanding the political, economic, and cultural differences of each country in which you want to do business.
Expanding overseas is easy and provides a great opportunity for small businesses to grow quickly. Researching and understanding the political, economic, and cultural differences of each country is unnecessary and a waste of time. It's better to just jump in and learn as you go.
In this video, Robert Solomon discusses the importance of understanding the legal requirements of each country in which you want to do business. He emphasizes the need to research and understand the different laws and regulations that apply to your business in each country.
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