1. What is the purpose of stakeholder analysis?

a. To identify potential competitors in the global market

b. To determine the financial performance of a business

c. To assess the impact of price fluctuations on international trade

d. To identify and assess the importance of individuals or groups that can influence the success of an activity or business

 

2.What does the term "international business" refer to?

a. Business operations within a single country.

b. Business activities involving the exchange of goods or services across national borders.

c. Business activities that focus solely on domestic markets.

d. Business ventures initiated by multinational corporations.

3. What is a key determinant of a firm's trade-off between global efficiency and local responsiveness in its foreign operations? 

a. The size of the firm's headquarters

b. The level of government involvement

c. The extent of standardization within markets

d. The geographical location of the firm's headquarters

 

4 . Which term refers to the shift towards a more interconnected global economy?

a. Nationalization

b. Industrialization

c. Globalization

d. Localization

Answer rating: 100% (QA)

The detailed answer for the above question is provided below 1 The correct option is d To identify a... View the full answer