BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

INTERNATIONAL MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
All business activities needed to create, ship, and sell goods and services across national borders are considered to be
A
domestic business
B
international business
C
global dependency
D
none of these
Explanation: 

Detailed explanation-1: -International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.

Detailed explanation-2: -International business includes all business activities needed to create, ship, and sell goods and services across national borders. International business may also be called global business, international trade, and foreign trade.

Detailed explanation-3: -International business encompasses all business activities that involve exchanges across national boundaries. International trade is based on specialization, whereby each country produces those goods and services that it can produce more efficiently than any other goods and services.

Detailed explanation-4: -The four main components of the global business environment are the forces of globalization, theinternational business environment, many national business environments, and international firm management.

There is 1 question to complete.