BTEC Unit 5 - A.International Business Context

If you can produce something at a lower cost than anyone else.

Which of these is not a type of business activity?

Which of the following in NOT a developed economy?

a raw material or product that can be bought or sold

Which of these is NOT a reason for conducting businesses internationally?

Which of these is NOT a reason for conducting businesses internationally?

Which of the following is NOT a factor influencing choice of market

Department for International Trade supports trade to and from the UK

The amount of money that a company receives during a specific period of time

Which of the following in NOT a developing economy?

A distinctive name or trademark that is given to a particular product or service

Which of the following is not an emerging market?

BCC stands for what?

Which of these is NOT a reason for conducting businesses internationally?

Borrowing money from the bank with fixed terms

Which of these is NOT a reason for conducting businesses internationally?

the movement of people, goods or facilities

Importing goods and paying in advance

British embassies can also support businesses in different countries

a person or business that carries our the work on behalf of another person or business