Biology Forums - Study Force

International business includes all business activities that involve exchanges across state boundaries.
 
 Indicate whether the statement is true or false

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Question 2 - What is usually the primary revenue stream for online auction sites such as eBay?
 A) Access fees charged to get into the website
  B) Sales of the many products that are available
  C) Fees charged for selling products on the site
  D) Advertising fees
  E) Money collected for shipping charges

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Question 3 - All employers are required by law to provide certain benefits to their employees. An example of such a benefit would be
 A) health insurance.
  B) unemployment insurance.
  C) reduced-price cafeterias.
  D) pension programs.
  E) life insurance.

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Question 4 - Which of the following must be considered when deciding the living wage globally?
 A) Companies must base their decision on the average wage standards in the U.S.
  B) American businesses must ban child labor in countries where families depend on their children's wages to survive.
  C) Companies must pay wages according to the quality of work done, irrespective of working hours or working conditions.
  D) Companies must base their decision on their own values and the laws of both the U.S. and their host country.

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Question 5 - Which bank includes main goals of promoting exchange rate stability and assisting in establishing a multilateral system of panyments?
 A) The Export-Import Bank of the United States
  B) The Asian Development Bank
  C) The International Monetary Fund
  D) The Inter-American Development Bank
  E) The Multilateral Development Bank

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Question 6 - Claire browses for clothing at Banana Republic's website, but goes to a Banana Republic store to try on and purchase the clothing. This demonstrates what aspect of e-business?
 A) A firm's website may lead to increased sales in its physical stores.
  B) Comparison shopping is easy and quick on the Internet.
  C) A website always provides a revenue stream for a company.
  D) An e-business provides very little benefit to a company's existing operations.
  E) Internet sales take away from a company's traditional sales.

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Question 7 - An indirect reward given in addition to an employee's regular pay is known as
 A) profit-sharing.
  B) a lump-sum salary increase.
  C) an employee benefit.
  D) pay for time not worked.
  E) commission.

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:white_check_mark: Correct!