Domestic Business Differs from International Business in That a Firm

question 131

Multiple Choice

Domestic business differs from international business in that a firm operating within the borders of one country

• A) needs to be concerned solely with the domestic environment.
• B) must be concerned with the international environment but not the foreign environment.
• C) must be concerned with the foreign environment but not the international environment.
• D) is not entirely free from the international and foreign environments.
• E) cannot survive in a world that is globalizing.

---

Definitions:

Detector Division

A specialized unit within a company focused on detecting and analyzing specific types of information or signals.

Outside Customers

Individuals or entities that purchase a company's goods or services but are not part of the company itself.

Transfer Price

The fee at which services and items are traded between different sections within the same firm.

Selling Division

A segment or branch of a company responsible for the sale of its products or services, often structured to focus on specific markets or product lines.