________ Occurs When a Firm Exports Goods or Services to Consumers

question 39

Multiple Choice

________ occurs when a firm exports goods or services to consumers in another country.

• A) International trade
• B) Foreign direct investment
• C) Inward investment
• D) Outsourcing

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Definitions:

Business Ethics

The study of proper business policies and practices regarding potentially controversial subjects such as corporate governance, insider trading, bribery, discrimination, and corporate social responsibility.

Profitable New Markets

Emerging or untapped segments of the economy where businesses can enter and establish themselves to generate significant profit.

Existing Equipment

Machinery or tools that are currently owned or in use by an organization or individual.

Knowledge

Information, understanding, or skill that one gets from experience or education; awareness or familiarity gained by experience of a fact or situation.