Exam (elaborations)
2024/2025 IB 303 EXAM 1 WITH 100% ACCURATE SOLUTIONS
- Course
- Institution
2024/2025 IB 303 EXAM 1 WITH 100% ACCURATE SOLUTIONS
[Show more]
Content preview
2024/2025 IB 303 EXAM 1 WITH 100% ACCURATESOLUTIONS
What is all the commercial transactions, private and governmental, between two or more countries
called? - Precise Answer ✔✔International Business
Name what is involved with International Business. - Precise Answer ✔✔Goods, services, people,
technology, capital, etc...
Name who is involved with International Business. - Precise Answer ✔✔Corporations, Governments, &
Individuals.
1. Access to goods, information, resources, and/or capital that might not be available locally
2. Reduce Costs
3. Capture new markets
4. Diversify sources of sales and supply
5. Obtain better quality - Precise Answer ✔✔Reasons why International Business important
- Geography
- History
- Political Science
- Law
- Economics
- Anthropology - Precise Answer ✔✔Factors of I.B. as Interdisciplinary
- Management
- Marketing
- Finance
- Accounting
, - Labor
- Logistics - Precise Answer ✔✔Factors of I.B. as Intradisciplinary
- Exports/Imports
- Management contracts
- Turn-key operations
- Licensing/Franchising
- Foreign Direct Investment
- Joint Venture/Mixed Venture
- Portfolio Investment - Precise Answer ✔✔Types of International Business
- Culture
- Language
- Currency
- Management Techniques
- Complexity
- Resource Availability
- Risk, Risk, Risk - Precise Answer ✔✔Differences between International and domestic markets?
What three groups are impacted by International Business? - Precise Answer ✔✔1. Local Economy
2. Local Business
3. Individuals
What is a trend towards a more integrated and interdependent world economy? - Precise Answer
✔✔Globalization
What causes globalization? - Precise Answer ✔✔- Politics
- Economy
- Technology
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller YANCHY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now