BSMT – Questions With Complete Solutions

BSMT – Questions With Complete Solutions

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Practice questions for this set


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The Ottoman Empire did not influence emerging trade routes.



Choose an answer



1 True 2 False



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Terms in this set (63)


Assignment 1


All managers need to True
have a basic knowledge
of international
business.

, Only a company that has False
foreign operations
needs to be aware of
what is occurring
globally in its markets
and in its industry.

The operations of a True
company outside its
home or domestic
market are known as
foreign business.

An international False
company (IC) is a
company headquartered
in another nation.

The term environment True
means all the forces
influencing the life and
development of the firm.

The internal forces, such False
as the factors of
production and the
activities of the
organization, are called
the uncontrollable
forces.

While international True
business as a discipline
is relatively new,
international business as
a business practice is
not.

Globalization has False
produced uneven results
across nations and
people.