International Business Is Also Known as Which of the Following

question 16

Multiple Choice

International business is also known as which of the following?

• A) born global business
• B) laissez-faire business
• C) cross-border business
• D) multi-hub business

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Definitions:

New Price

The updated or most recent cost at which an item or service is sold in the market.

Standard Suite

A collection of benchmarks, protocols, or specifications that establish a norm or minimum level of acceptability for products, services, or practices.

Total Optimal Cost

The lowest possible sum of costs achieved by optimizing the allocation of resources in operations or production.

Double-subscripted Variables

variables in mathematics and programming denoted with two subscripts, usually to represent matrix elements or the interaction between two dimensions.