Exam (elaborations)
BUSI 3250 Exam 1 Questions and Answers
- Course
- Institution
BUSI 3250 Exam 1 Questions and Answers
[Show more]
Content preview
BUSI 3250 Exam 1 Questions andAnswers
International Business - Answer-Business that is carried out across national borders
Foreign Business - Answer-denotes the operations of a company outside its home or
domestic market
International Company - Answer-A company with operations in multiple nations
enviroment - Answer-All of the forces influencing the life and development of the firm
Uncontrollable forces - Answer-external forces that management has no direct control
over
external forces consist of the following - Answer-1. competitive
2. distributive
3. economic
4. socioeconomic
5. financial
6. legal
7. physical
8. political
9. sociocultural
10. labor
11. technological
The domestic environment - Answer-all the uncontrollable forces originating in the home
country that surround and influence the life and development of the firm
The foreign environment - Answer-All the uncontrollable forces originating outside the
home country that surround and influence the firm
The international environment - Answer-includes the interactions between domestic and
foreign environmental forces and between the foreign environmental forces of two
countries
self-reference criterion - Answer-unconscious reference to your own cultural values
when judging behaviors of others in a new and different environment
Foreign Direct Investment (FDI) - Answer-Direct investments in equipment, structures,
and organizations in a foreign country at a level that is sufficient to obtain significant
management control; does not include mere foreign investment in stock markets
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 lectknancy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81113 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now