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True and False Questions

The document discusses the differences between key concepts in international business such as international business, global business, and foreign vs international environments. It also addresses whether certain factors are controllable or uncontrollable by management. Specifically, it notes that international business and global business are not synonymous, global business includes more than just importing and exporting, foreign and international environments are not identical, and external forces such as political systems cannot be directly controlled by management, although management can exert some influence over them.

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Walid Mohamed Anwar
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4K views

True and False Questions

The document discusses the differences between key concepts in international business such as international business, global business, and foreign vs international environments. It also addresses whether certain factors are controllable or uncontrollable by management. Specifically, it notes that international business and global business are not synonymous, global business includes more than just importing and exporting, foreign and international environments are not identical, and external forces such as political systems cannot be directly controlled by management, although management can exert some influence over them.

Uploaded by

Walid Mohamed Anwar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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True and False questions

1. International business and global business as concepts


can be used as synonyms (False)
International business consists of all commercial
transactionsincluding sales and investments that take
place between two or more countries.This definition
includes business operations to international subjects
,states, only , while other parties can and really perform
business operations in foreign environments, it would be
more accurate to call this kind of business as global or
transnational business
2. Global business and international trade can be used
interchangeably
Global business consists of business transactions between
parties from more than one country. While international
trade includes just importing and exporting activities which
is only one type of global business activity
3. Foreign environment and international environment
are identical in core (false)
The international environment consists of the interactions
between the domestic environmental forces and the foreign
environmental forces and, between the foreign
environmental forces of two countries when an affiliate in
one country does business with customers in another.
4. Internal forces are forces that can never be controlled
by management (false)
Uncontrollable variables are the external forces and
management has no direct control over them, including
Legal, Economic, Political, Socio-cultural, and labor.
Controllable variables : elements over which management
does have control are the internal forces, such as the
factors of production (capital, technology, and people)

5. The international environment consists solely of the


interactions between the domestic environmental
forces and the foreign environmental forces (false)
The international environment consists solely of the
interactions between the domestic environmental forces
and the foreign environmental forces and, between the
foreign environmental forces of two countries when an
affiliate in one country does business with customers in
another.
6. The political system is one of the controllable variables
(false)
The Political is an external forces that is uncontrollable and
includes elements of nations political climates such as
nationalism, forms of government, and international
organizations.
7. Global system is a unilateral beneficial field (false)
It's a multilateral beneficial field driving benefits to
different parties engaged in global business activities
8. External forces can be easily manipulated(false)
The external forces are commonly called uncontrollable
forces. Management has no direct control over them,
although it can exert influencesuch as lobbying

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