Which of the following is the best explanation for the motivation for a private company to engage in international business? A) Private companies undertake international business for personal reasons. B) Private companies undertake international business for the government. C) Private companies undertake international business for interest in other nations. D) Private companies undertake international business for profits

Which of the following is the best explanation for the motivation for a private company to engage in international business? A) Private companies undertake international business for personal reasons. B) Private companies undertake international business for the government. C) Private companies undertake international business for interest in other nations. D) Private companies undertake international business for profits

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

List and explain three (3) traits of an international entrepreneur. What would generally influence a firm’s choice of entry mode for expansion in an international market?
What are the advantages of operating as a sole proprietorship in international business?
You work for a Nova Scotia Company trying to successfully enter the cranberry market in Australia.Identify those aspects of Australia's history that will have an impact on your company’s international business plan.What is the stability of the Australian government, political attitudes toward international business in general, and attitudes specifically toward Canadian businesses.
Why is it important for the government to intervene in the international operations of businesses, both foreign and local, of the host country ? Illustrate your answer and provide concrete example.
If you are to choose a mode for entering international business,which mode will you select?Licensing or franchising. Support your choice with logic.
As a student, what is international business to you? Are you interested in intellectual property, foreign asset, and political favor?
11- The exchange of goods and services among individuals and businesses in two or more countries a) International Business b) O International franchise C) Internal transaction d) O Internal Business
What strategic advice would you give an international market business,who is looking to expand business in a domestic market
why managing international business is more complex in a domestic business example
Using appropriate academic resources, assess the impact of a country's economic, demographic, and political/legal environment on business. You should select a country that you are at least somewhat familiar with. I have listed some ideas to give you a starting point on your research. You should include this information but are not limited to only this information. After you find the information on each of these three sections, write a paragraph analyzing how this impacts business in the country. Your assignment should be at least 2 pages long and you should use APA format to cite your sources. Economic Environment Economic growth data Employment data Inflation data Income distribution Interest rates Political and Legal Environment
When considering entering international markets, there are some significant strategic and tactical decisions to be made. Each entry mode has different pros and cons, addressing issues like cost, control, speed to market, legal barriers, and cultural barriers with different degrees of efficiency. In this perspective, discuss any two methods of doing business internationally. You are also required to briefly discuss advantages and disadvantages. Use real life examples to support your answer.
What are the strategies corporations can use to enter foreign markets? Which one is less risky, and which one is most risky? Why?