BUSMHR 2000 2025/2026 Exam
Questions with 100% Correct Answers |
Latest Update
International Business - 🧠 ANSWER ✔✔The business activities that involve the
transfer of resources, goods, services knowledge, skills or information across
national boundaries.
Introduction - 🧠 ANSWER ✔✔We are moving toward a world in which barriers to
cross-border trade and investment are declining; perceived distance is shrinking
due to advances in transportation and telecommunications technology; material
culture is starting to look similar the world over; and national economies are
merging into an interdependent, integrated global economic system. The process
by which this is occurring is commonly referred to as globalization.
,Introduction Cont. - 🧠 ANSWER ✔✔Advances in technology, lower transportation
costs, and the rise of skilled workers in developing countries imply that many
services no longer need to be performed where they are delivered.
International Bus. Involves - 🧠 ANSWER ✔✔-Individuals
-Companies
-Government bodies
-International institutions
International Bus. Includes - 🧠 ANSWER ✔✔Any activity or transaction across
borders
Usually in the Form of - 🧠 ANSWER ✔✔-Exports and imports
-Tangible products
-Intangibles including services and licensing
International Investments - 🧠 ANSWER ✔✔-Passive (portfolio investments)
-Active (foreign direct investments)
International vs. Domestic Bus. - 🧠 ANSWER ✔✔Environmental Dynamics
,-Currency, inflation, interest rates, accounting practices, cultures, social customs,
laws, political stability
Operational Nature
-Communication, coordination, motivation, differences in organizational principles
and management philosophies
The Multinational Enterprise - 🧠 ANSWER ✔✔A firm that engages in
international investments
Also known as MNC, TNC or multinational firm
Home Country - 🧠 ANSWER ✔✔Country in which the MNE is headquartered
Host Country - 🧠 ANSWER ✔✔Foreign country is which the MNE is doing
business
Globalization - 🧠 ANSWER ✔✔-Process of increasing interdependence and
integration of national economies
-Economic imperatives are usually the driving factor
-Lower prices
-Higher quality
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
, -More products to choose from
-Can cause clashes between societies
Globalization Cont. - 🧠 ANSWER ✔✔Refers to the shift toward a more integrated
and interdependent world economy. Globalization has several facets, including the
globalization of markets and the globalization of production.
Trend away from distinct national economic units and toward one huge global
market.
Globalization of Markets - 🧠 ANSWER ✔✔-Sell the product or service in many
countries
-Economies of scale
-Higher revenue base
Moving away from an economic system in which national markets are distinct
entities, isolated by trade barriers and barriers of distance, time, and culture, and
toward a system in which national markets are merging into one global market.
Questions with 100% Correct Answers |
Latest Update
International Business - 🧠 ANSWER ✔✔The business activities that involve the
transfer of resources, goods, services knowledge, skills or information across
national boundaries.
Introduction - 🧠 ANSWER ✔✔We are moving toward a world in which barriers to
cross-border trade and investment are declining; perceived distance is shrinking
due to advances in transportation and telecommunications technology; material
culture is starting to look similar the world over; and national economies are
merging into an interdependent, integrated global economic system. The process
by which this is occurring is commonly referred to as globalization.
,Introduction Cont. - 🧠 ANSWER ✔✔Advances in technology, lower transportation
costs, and the rise of skilled workers in developing countries imply that many
services no longer need to be performed where they are delivered.
International Bus. Involves - 🧠 ANSWER ✔✔-Individuals
-Companies
-Government bodies
-International institutions
International Bus. Includes - 🧠 ANSWER ✔✔Any activity or transaction across
borders
Usually in the Form of - 🧠 ANSWER ✔✔-Exports and imports
-Tangible products
-Intangibles including services and licensing
International Investments - 🧠 ANSWER ✔✔-Passive (portfolio investments)
-Active (foreign direct investments)
International vs. Domestic Bus. - 🧠 ANSWER ✔✔Environmental Dynamics
,-Currency, inflation, interest rates, accounting practices, cultures, social customs,
laws, political stability
Operational Nature
-Communication, coordination, motivation, differences in organizational principles
and management philosophies
The Multinational Enterprise - 🧠 ANSWER ✔✔A firm that engages in
international investments
Also known as MNC, TNC or multinational firm
Home Country - 🧠 ANSWER ✔✔Country in which the MNE is headquartered
Host Country - 🧠 ANSWER ✔✔Foreign country is which the MNE is doing
business
Globalization - 🧠 ANSWER ✔✔-Process of increasing interdependence and
integration of national economies
-Economic imperatives are usually the driving factor
-Lower prices
-Higher quality
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
, -More products to choose from
-Can cause clashes between societies
Globalization Cont. - 🧠 ANSWER ✔✔Refers to the shift toward a more integrated
and interdependent world economy. Globalization has several facets, including the
globalization of markets and the globalization of production.
Trend away from distinct national economic units and toward one huge global
market.
Globalization of Markets - 🧠 ANSWER ✔✔-Sell the product or service in many
countries
-Economies of scale
-Higher revenue base
Moving away from an economic system in which national markets are distinct
entities, isolated by trade barriers and barriers of distance, time, and culture, and
toward a system in which national markets are merging into one global market.
