Asked by
Angela Croney
on Oct 22, 2024
Verified
Global sourcing, importing/exporting, licensing, and franchising are typical ways to begin a ___.
A) global business
B) cross-cultural intrapreneurship
C) transborder entrepreneurship
D) NGO
E) multinational franchise
Global Business
The conduction of trade, production, or services across national borders, involving the planning and execution of transactions on an international scale.
Transborder Entrepreneurship
Involves creating and managing business ventures that operate across national borders, leveraging global market opportunities.
- Identify different types of international business strategies and their characteristics.
- Highlight the differences between various kinds of international business dealings, including exports, imports, licenses, franchises, and direct investments.
Verified Answer
IC
Learning Objectives
- Identify different types of international business strategies and their characteristics.
- Highlight the differences between various kinds of international business dealings, including exports, imports, licenses, franchises, and direct investments.
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