Which of the following is the BEST DEFINITION of what constitutes international

Which of the following is the best definition of what

This preview shows page 1 - 2 out of 2 pages.

6.Which of the following is the BEST DEFINITION of what constitutes international businessat its simplest level? 7.Services cannot be imported because they are not quantifiable. 8.Services can be either imported/exported. 9.Most commercial business involves “business to business” transactions, where firms sell products or services to other firms, such as one firm selling raw materials to another firm for use in a new product. These transactions happen throughout the entire value chain. 10. Importing occurs when where a firm sources products or services from another countryfor sale or use in creating something else
Image of page 1
11. Which of the following terms describe when a business transaction in which a firm sells a product to an end user consumer instead of another firm? 12. Supranational organizations are entities whose span of control or influences ranges over how many nations?
Image of page 2

You've reached the end of your free preview.

Want to read both pages?

  • Fall '07
  • Nicholson
  • Marketing, value creation activity

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture