Managing an international business is different from managing a purely domestic business for all of the following reasons except:
A) countries are different
B) international transactions involve converting money into different currencies
C) the range of problems confronted by a manager in an international business are narrower than those confronted by a manager in a domestic business
D) an international business must find ways to work within the limits imposed by government intervention in the international trade and investment system
E) different languages have to be learned

Question

Quizplus · Accepted Answer

The statement is incorrect as the range of problems confronted by a manager in an international business is wider due to cultural differences, varying legal systems, and language barriers. Hence, all options except C are valid reasons for why managing an international business differs from managing a domestic business.

Managing an International Business Is Different from Managing a Purely