Managing an International Business Is Different from Managing a Purely

question 53

Multiple Choice

Managing an international business is different from managing a purely domestic business for which of the following reasons?

• A) Countries prefer to keep business transactions between domestic partners.
• B) The range of problems confronted are wider and more complex.
• C) International businesses have an added layer of U.N. regulations.
• D) International transactions involve exchanging currencies through each countries' treasury.

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Definitions:

Underground Reinvestments

Investments in non-traditional, often hidden, sectors of the economy or in illicit activities for profit.

Lateral Cycling

The process by which goods or services are reused or shared among individuals without entering the commercial market again, promoting sustainability.

Economic Downturn

A period of declining economic performance across a significant portion of the economy, often leading to decreases in spending, investment, and employment.

Lateral Cycling

The process of reusing, recycling, or repurposing products and materials in a way that they move among consumers or businesses, rather than being discarded.