What Is the Main Reason That Managing an International Business

question 71

Multiple Choice

What is the main reason that managing an international business differs from managing a domestic business?

• A) Because international managers are more experienced.
• B) Because countries differ in their cultures and systems.
• C) Because countries want to do business with their neighbors.
• D) Because countries want to keep their transactions simple.

---

Definitions:

Liquidated Debt

A debt for which the exact monetary value has been determined and is acknowledged by all parties involved.

Unliquidated Debt

A debt or claim where the amount owed has not been determined or agreed upon by the debtor and creditor.

Different Performance

The execution of contractual obligations in a manner that varies from the exact terms agreed upon, potentially leading to disputes.

Machiavellianism

Causes someone to view and manipulate others purely for personal gain.