Global business involves the buying and selling of goods and services to people from different countries. It goes beyond just any sale of goods and services and does not require a certain size of company or involve setting up a factory in a different country. It may be regulated to varying degrees depending on the countries involved.

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Global Business

Question 38

Multiple Choice

Global business:

A) is the buying and selling of goods and services to people from different countries.
B) includes any sale of goods and services.
C) only involves companies with more than 50 employees.
D) is the setting up of a factory in a country other than the parent country.
E) is unregulated.

Correct Answer: