Which of the following influences International Business?
a. Quotas imposed by various countries
b. the national boundaries of the country
C. Operating style includingproduction, marketing
d. Operating style of the domestic companies
Answers
Answer:
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Explanation:
option c
Answer:
Operating style includingproduction, marketing
Explanation:
Step 1: Language, education, religion, values, conventions, and interpersonal connections are the key cultural and social aspects that influence international commerce. Families, labour unions, and other groups can all engage within these ties.
Step 2: Any firm that works over international borders is referred to as an international business. It consists mostly of international trade in commodities and services. International commerce is critical for growing a company's income, expanding its clientele, and guaranteeing a longer product lifecycle. Currency exchange rate changes can also help businesses by giving them access to a larger pool of prospective personnel.
Step 3: The net exports of a nation are determined by its exports less its imports, and are consequently impacted by all the variables that influence global commerce. These include trade policy, exchange rates, foreign currency reserves, factor productivity and endowments, inflation, and demand.
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