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How The Global Business Environment Affects Business: Explanation & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Why is it important for a business to understand the culture of a country?

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1. Why are tariffs usually imposed?

2. Which of the following BEST describes a foreign subsidiary?

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About This Quiz & Worksheet

This quiz/worksheet combo can help you assess your knowledge of the complexity of global business. Topics you need to know to pass the quiz include the rule of law and tariffs.

Quiz & Worksheet Goals

This quiz and worksheet combo can help you assess your knowledge of:

  • Tariffs
  • Culture
  • Barriers to trade
  • Complexities of global businesses

Skills Practiced

This quiz and worksheet can help you practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related global business lesson
  • Information recall - access the knowledge you have gained regarding trade
  • Interpreting information - verify that you can read information regarding tariffs and interpret it correctly

Additional Learning

To learn more about global business, review the accompanying lesson How The Global Business Environment Affects Business: Explanation & Examples. This lesson will help you:

  • Define the Rule of Law
  • Determine the purpose of important quotas
  • Examine different cultures
  • Identify how strategic alliances form
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