True or False: The socio-cultural environment has no impact on the success of international businesses. | Card: 1 / 22 |
False. The socio-cultural environment significantly impacts the success of international businesses, as consumer preferences vary across cultures. | Card: 2 / 22 |
Micro environment (internal environment) and Macro environment (external environment). | Card: 4 / 22 |
Comparative advantage boosts trade.
| Card: 6 / 22 |
Fill in the blank: The major macro-economic factors influencing business include economic growth, interest rates, and ___ exchange rates. | Card: 7 / 22 |
Liberalization of trade reduced restrictions on cross-border movements, allowing companies to better access international markets and opportunities. | Card: 10 / 22 |
True or False: The technological environment only refers to the production methods and does not include new product development. | Card: 11 / 22 |
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False. The technological environment encompasses both new production methods and the development of new products. | Card: 12 / 22 |
What factors contribute to the slow growth of exports in India according to recent surveys? | Card: 13 / 22 |
Factors impact India's export growth.
| Card: 14 / 22 |
A mounting trade deficit can lead to increased foreign debt, currency depreciation, and potential economic instability. | Card: 16 / 22 |
Fill in the blank: The micro environment of business includes customers, suppliers, and ___ who influence company performance directly. | Card: 17 / 22 |
International trade fosters cooperation.
| Card: 20 / 22 |
What are the implications of the growth in emerging markets for international trade? | Card: 21 / 22 |
Growth in emerging markets boosts trade.
| Card: 22 / 22 |






