answers already passed 2025/2026
Drivers of Globalization - correct answer ✔1. technological
2. political
3. market
4. cost
5. competitive
Controllable Forces - correct answer ✔internal forces that management administers to adapt to
changes in the uncontrollable forces
Uncontrollable Forces - correct answer ✔The external forces that management has no direct control
over
Domestic Environment - correct answer ✔all the uncontrollable forces originating in the home country
that surround and influence the firm's life and development
Foreign environment - correct answer ✔All the uncontrollable forces originating outside the home
country that surround and influence the firm
International Environment - correct answer ✔Interaction between domestic and foreign environmental
forces as well as interactions between the foreign environmental forces of two countries
External Forces - correct answer ✔- Competitive
- Distributive
- Economic
, - Socioeconomic
- Financial
- Legal
- Physical
- Political
- Sociocultural
- Labor
- Technological
Internal Forces - correct answer ✔
International Business - correct answer ✔Business that is carried out across national borders
Foreign Business - correct answer ✔denotes the operations of a company outside its home or domestic
market
Environment - correct answer ✔all the forces influencing the life and development of the firm
Exporting - correct answer ✔is the transportation of any domestic good or service to a destination
outside a country or region
Importing - correct answer ✔The transportation of any good or service into a country or region, from a
foreign origination point
Foreign Direct Investment (FDI) - correct answer ✔Direct investments in equipment, structures, and
organizations in a foreign country at a level that is sufficient to obtain significant management control;
does not include mere foreign investment in stock markets