Managing an international business is different from managing a domestic business and is more challenging due to a variety of reasons including country differences;a wider range of more complex problems;the greater intensity of competition;increased likelihood of intervention by governments,home and host;and:
A)barriers to cross-border trade and investment are said to be flat or dormant.
B)outsourcing is increasing due to worldwide productivity.
C)added complexity of conducting transactions in different countries.
D)national economies are becoming increasingly interdependent on each other.

Question

Quizplus · Accepted Answer

Managing transactions in different countries adds complexity because there are different legal systems, cultural norms, and language barriers that must be taken into account. This can lead to greater challenges in communication and coordination, as well as potential legal and financial risks.

Managing an International Business Is Different from Managing a Domestic