When marketing executives do business across national boundaries, where do they primarily face regulations and laws?
at home.
in the foreign country.
both at home and in the foreign country.
at the World Court in the Hague.
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Answer:
B i.e., In the foreign country
Explanation:
International business refers to the movement of goods, services, capital, personnel, technology, and intellectual property between one country and another.
A marketing executive primarily faces regulations and laws in a foreign country as:
Firstly, it requires permission from the government of that country.
Secondly, it needs approval from the registration office of that particular country.
Tax procedure and export-import license businessmen require for doing international business.
After getting permission from a foreign government, businessman applies for an export license from their respective country.
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