If a firm is not involved in international commercial transactions, knowledge of international business is unnecessary.
Multiple Choice

Question

Quizplus · Accepted Answer

Even if a firm is not currently involved in international commercial transactions, it may still benefit from knowledge of international business. This could be useful for future expansion plans, partnerships, or understanding global market trends that may affect the domestic market. Additionally, employees may encounter international clients or customers and would benefit from understanding cultural differences and business practices in other countries.

If a Firm Is Not Involved in International Commercial Transactions