International business differs from domestic business in that a firm operating across borders must deal with
A) the foreign environment and the international environment.
B) two of the international environment, the domestic environment, and the global environment.
C) all three of the domestic environment, the foreign environment, and the global environment.
D) the international environment.
E) all three of the international environment, the domestic environment, and the foreign environment.

Question

Quizplus · Accepted Answer

International business differs from domestic business in that a firm operating across borders must deal with the forces of three kinds of environments-domestic, foreign, and international. In contrast, a firm whose business activities are carried out within the borders of one country needs to be concerned essentially with only the domestic environment.

International Business Differs from Domestic Business in That a Firm