What does global business involve?

Global Business Quiz WEEK 7 JAN24B

Quiz
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Other
•
3rd Grade
•
Medium
Abiodun Otedola
Used 1+ times
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65 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Conducting business activities within a single country
Conducting business activities across national borders
Conducting business activities only online
Conducting business activities only in local markets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some aspects of global business?
Trade, investment, and operations
Cooking, cleaning, and gardening
Painting, drawing, and sculpting
Singing, dancing, and acting
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What motivates companies to engage in global business ventures?
Market expansion, cost optimization, and accessing new resources
Making friends, having fun, and exploring hobbies
Building houses, planting trees, and cleaning parks
Writing books, composing music, and creating art
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one benefit of expanding into new markets?
Increased competition
Market Growth
Higher taxes
Less customer interest
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can global expansion help with costs?
By increasing labor costs
By accessing lower labor costs
By reducing product quality
By increasing material prices
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does global expansion allow companies to access?
Fewer resources
Diverse resources
Limited technology
Less skilled labor
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is important to understand for effective communication in international markets?
Currency fluctuations
Cultural nuances and language barriers
Political instability
Trade agreements
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