Question

Issy's Ice Cream is an international business. As such, it a. invests in international trade or investment. b. needs to have manufacturing units in at least two foreign nations. c. need not customize its products to the requirements of national markets. d. needs to manufacture products or provide services that target a global market.

Answer 1

Answer: The correct answers are "a. invests in international trade or investment." and d. needs to manufacture products or provide services that target a global market.".

Explanation: A company that engages in international business is one that trades goods, services, technology or physical and / or human capital globally.

This means that instead of existing and developing in separate national markets, it unites and transforms them into a single global market through the elimination of barriers between borders.