Business

The total amount owed by the federal government.

• Borrowing

• Government Debt

• Budget Surplus

• Budget Deficit

• National Debt

The government may spend less than it collects in revenue.

• Borrowing

• Government Debt

• Budget Surplus

• Budget Deficit

• National Debt

The government may spend more than it collects in revenue

• Borrowing

• Government Debt

• Budget Surplus

• Budget Deficit

• National Debt

A payment method that allows consumers to buy now and pay later

• Borrowing

• Government Debt

• Budget Surplus

• Budget Deficit

• National Debt

The government uses borrowing to finance projects like schools and public buildings.

• Borrowing

• Government Debt

• Budget Surplus

• Budget Deficit

• National Debt

1- Which of the following best defines a Global Strategy for an MNC?

• a) Developing different products for each country

• b) Using the same product in different countries

• c) Focusing on local tastes and preferences

• d) Creating products based only on cultural norms

2- What is a key characteristic of a Multinational Strategy?

• • a) Standardizing products across all countries

• • b) Centralizing decision-making in the home country •

• c) Customizing products based on local tastes

• • d) Minimizing product variety to save costs

3- What is a Multinational Company (MNC)?

• • A) A company that does business in one country

• • B) A company that does business in several countries

• • C) A company that only operates online

• • D) A small local business

4- What is one advantage of multinational companies? •

• A) Higher prices for goods •

• B) Limited product availability •

• C) Large amounts of goods available at lower prices

• • D) Increased political power control

5-What does "International Business" refer to?

• A) A business operating only in one country

• B) A business operating in more than one country

• C) A business only selling local products

• D) A business focusing on local imports