What is an IC company?
An international company (IC) is a company headquartered in another nation. False. International business differs from domestic business in that a firm operating across borders must deal with the forces of three kinds of environments—domestic, foreign, and international. True.
What are external forces?
External forces are commonly called uncontrollable forces, which are the external forces that management has no direct control over, although it can exert influence. True. Lobbyists who advocate for new laws that will affect the production standards of a business are an example of an internal force. False.
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