A2 business studies unit 3 international business 3.1 A
- Created by: patrick flood
- Created on: 29-10-13 12:46
Other questions in this quiz
2. Which of these is not a pull factor for a business to trade internationally
- saturated domestic market
- risk spreading
- economies of scale
- global sourcing
3. what is the definition of offshoring
- a government policy aimed at protecting domestic industry
- locating production to a foreign country
- to extend the life of a product
- physical limits on the level of specific imports in one year
4. Which of these is a benefit for UK business if the UK joined the euro
- exchange rates are set by the ECB
- a reduction in transaction costs
- transparent costs throughout the eurozone
- initial one of conversation cost
5. what is the definition of economies scale
- a reduction in the advrage cost of production brought about by the increase in the size and scale of the business
- investing in a country other then the one head office is located
- stands for Brazil Russia and China
- it has become difficult to expand sales further
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