| AB | |
| the welcomed behaviors, customs, and also values of a culture or a system of learned, shared, unifying, and interrelated beliefs, values, and assumptions. You are watching: What are the four components of the global business environment | |
| Domestic business – | making, buying, and selling goods and also services in ~ a country. |
| Exports – | products marketed to various other countries. |
| Global exposed - | a condition that exists when items consumers need and want are produced in various other countries. |
| Imports - | products bought indigenous businesses in various other countries. |
| Trade barriers - | restrictions the reduce free trade among countries. |
| International organization - | all business activities needed come create, ship, and sell goods and also services throughout national borders. |
| Quota - | limit the lot of trade. |
| Tariff - | tax top top imports. |
| Embargo - | refuse profession with an additional country commonly for political reasons. |
| Why is international company important? | A: International service opens brand-new markets, creates an ext jobs, and improves politics relationships. |
| 12. Q: What is an international dependency? | A: an international dependency method that countries approximately the human being depend upon each various other to profession goods and services. |
| 13. Q: how is specialization related to global business? | A: worldwide business allows countries to specialize their production according come their herbal resources and also expertise. |
| 14. Q: Why do federal governments sometimes create trade barriers to discourage imports? | A: Trade obstacles are provided as politics strategies. Trade barriers are make the efforts to safeguard American production and also jobs. |
| 15. Q: What room the four parts the the international service environment? | A: Geography, social and social factors, financial conditions, and political and also legal factors are the four parts of the international business environment. |
| 16. Q: What is the difference between an import and an export? | A: Imports are products bought indigenous businesses in other countries and also exports are commodities sold in other countries. |
| 17. Q: Why should people study the society of one more country before conducting global business. See more: Can Porcelain Go In The Oven ? Can You Use Ceramic Plates In An Oven | A: organization transactions are generally influence through the country’s culture. |
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