Importance of International Business

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Across
  1. 3. - What factor poses potential challenges and uncertainties for companies operating in foreign markets?
  2. 6. - What do companies seek to acquire from different regions to optimize production and operations?
  3. 10. - What drives companies to constantly improve their products and services in the global market?
  4. 11. - What characteristic reflects the variety of cultures and consumer preferences in global markets?
  5. 12. - What aspect is essential for facilitating smooth operations and understanding in cross-border transactions?
  6. 13. - What set of rules and laws govern the conduct of international business activities?
  7. 17. - What activity involves the buying and selling of goods and services between countries?
  8. 18. - What is the standard medium of exchange used in international trade?
  9. 19. - What principle emphasizes the responsible and ethical conduct of business operations to meet present needs without compromising future generations?
Down
  1. 1. - What are the taxes imposed on imported goods to control trade flows and protect domestic industries?
  2. 2. - Where do companies look to find untapped markets and potential for expansion?
  3. 4. - What is the process of spreading business operations across different regions or countries?
  4. 5. - What term describes the interconnectedness of economies and cultures worldwide?
  5. 7. - Where do businesses seek new customers and sales beyond their domestic borders?
  6. 8. - What goal do companies aim to achieve through expanding their presence in international markets?
  7. 9. - What factor encourages companies to develop new ideas and methods to stay competitive internationally?
  8. 12. - What approach involves forming partnerships and alliances with businesses from different countries?
  9. 14. - What practice involves delegating certain business functions to external parties in other countries?
  10. 15. - What approach do companies employ to navigate through complex international markets and achieve their objectives?
  11. 16. - What factor plays a crucial role in enabling companies to operate globally and reach wider markets?