International business is particularly attractive since the business environment with regard to currency, inflation, interest, accounting, culture, laws, and governmental regulation is very predictable.

Question

Quizplus · Accepted Answer

The statement is false. The business environment in international business can be very unpredictable and can vary greatly between different countries and regions. Factors such as political instability, corruption, and changes in regulations can have a significant impact on the business environment. Additionally, cultural differences can also create challenges for businesses operating internationally.

International Business Is Particularly Attractive Since the Business Environment with Regard