Asked by
Kory AJ Jaydin
on Nov 24, 2024Verified
Conducting for-profit transactions of goods and services across national boundaries is the foundation of:
A) trans-border entrepreneurship.
B) international business.
C) multinational management.
D) cross-cultural intrapreneurship.
E) cross-national management.
International Business
Commercial activities that involve the transactions of goods, services, resources, technology, or capital across national borders.
Profit Transactions
Financial operations that result in net income or gain for a business.
Goods and Services
Goods and services constitute the fundamental outputs of economic activity, with goods being tangible products and services being intangible activities or benefits provided to consumers.
- Comprehend the fundamental principles and importance of global commerce.
Verified Answer
KC
Learning Objectives
- Comprehend the fundamental principles and importance of global commerce.