1. International business and global business as concepts
can be used as synonyms (False) International business consists of all commercial transactionsincluding sales and investments that take place between two or more countries.This definition includes business operations to international subjects ,states, only , while other parties can and really perform business operations in foreign environments, it would be more accurate to call this kind of business as global or transnational business 2. Global business and international trade can be used interchangeably Global business consists of business transactions between parties from more than one country. While international trade includes just importing and exporting activities which is only one type of global business activity 3. Foreign environment and international environment are identical in core (false) The international environment consists of the interactions between the domestic environmental forces and the foreign environmental forces and, between the foreign environmental forces of two countries when an affiliate in one country does business with customers in another. 4. Internal forces are forces that can never be controlled by management (false) Uncontrollable variables are the external forces and management has no direct control over them, including Legal, Economic, Political, Socio-cultural, and labor. Controllable variables : elements over which management does have control are the internal forces, such as the factors of production (capital, technology, and people)
5. The international environment consists solely of the
interactions between the domestic environmental forces and the foreign environmental forces (false) The international environment consists solely of the interactions between the domestic environmental forces and the foreign environmental forces and, between the foreign environmental forces of two countries when an affiliate in one country does business with customers in another. 6. The political system is one of the controllable variables (false) The Political is an external forces that is uncontrollable and includes elements of nations political climates such as nationalism, forms of government, and international organizations. 7. Global system is a unilateral beneficial field (false) It's a multilateral beneficial field driving benefits to different parties engaged in global business activities 8. External forces can be easily manipulated(false) The external forces are commonly called uncontrollable forces. Management has no direct control over them, although it can exert influencesuch as lobbying