e. What are the basic forms of international business activities? f. List THREE (3) brands of each product that are made by domestic firms and THREE (3) products that are made by foreign firms?
Note: Since you have asked multiple questions, we will provide the solution to the first question as per the guidelines. If you want solution for a particular question, then please repost it and specify the question number.
With the technological upgradations, businesses have emerged and grown tremendously over the past few years. Businesses do not face much restrictions when expanding globally. There can be two types of businesses. One is the domestic business and another is the international business. Domestic businesses are those that function and operate within the national boundaries. In case of international business, the transactions related to the business take place across the national borders and there is a movement of labor, technology, capital and so on. As a result, customers also get increased variety of products because of wider scope of business.
Step by step
Solved in 2 steps
