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1. Explain ONE key social or cultural factor affected the company’s international business activities.
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- e. What are the basic forms of international business activities? f. List THREE (3) brands of each product that are made by domestic firms and THREE (3) products that are made by foreign firms?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 BusinessCritically examine the extent at which the following factors have enhanced the growth of International Business: i) Expansion of technology ii) Growing consumer pressures iii) Increased global competition iv) Changing political situations v) Expanded cross-national corporation
- This international business classs Q: What are the different forms of foreign presence and how to decide which form to be present in a foreign market?Define and explain culture, and how it affects the conduct of international business.Why do Companies engage in International Business? What are the major cultural factors that affect International Business? Give suitable illustrations in support of your answers.