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 is 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.

Question

Quizplus · Accepted Answer

The statement "the range of problems confronted by a manager in an international business is narrower than those confronted by a manager in a domestic business" is incorrect. Managing an international business involves dealing with additional challenges such as cultural differences, language barriers, and legal and regulatory complexity, making the range of problems wider. Therefore, option C is the incorrect statement in the given statement.

Managing an International Business Is Different from Managing a Purely