Which of the following is NOT a concern for managers in international

QUESTION

Which of the following is NOT a concern for managers in international businesses?

A. Fundamental differences in culture

B. Perceived distance between home country and operating nations

C. Government restrictions on international trade

D. Cross-border transactions involving currency exchange

E. Ethical adherence to environmental standards

ANSWER

B
In sum, managing an international business is different from managing a purely domestic business for at least four reasons: (1) countries are different, (2) the range of problems confronted by a manager in an international business is wider and the problems themselves more complex than those confronted by a manager in a domestic business, (3) an international business must find ways to work within the limits imposed by government intervention in the international trade and investment system, and (4) international transactions involve converting money into different currencies.