An International Business

question 84

Multiple Choice

An international business

• A) is a business whose activities involve crossing national borders.
• B) denotes the domestic operations within a foreign country.
• C) is an organization with multicountry affiliates.
• D) is an organization that attempts to standardize operations worldwide.
• E) is engaged in international trade.

---

Definitions:

Type I Error

The incorrect rejection of a true null hypothesis, or a false positive, in statistical hypothesis testing.

P-value

A measure in hypothesis testing that indicates the probability of obtaining a result at least as extreme as the one observed, assuming the null hypothesis is true.

Null Hypothesis

A statement in inferential statistics that there is no effect or no difference, and any observed deviation from this state is due to chance.

Rejection Level

The threshold or critical value that determines whether to reject the null hypothesis in statistical hypothesis testing, often denoted by alpha.