could someone help me with this question?
Which of the following scenarios would not be considered international business?
Choose one answer.
a. A Chinese manufacturer sells toys to a large toy retailer in the United States.
b. Intel sells its processors to a computer manufacturer in Korea.
c. A large jewelry store in England purchases its diamonds from DeBeers in South Africa.
d. A bearing manufacturer in South Carolina sells its parts to a Toyota plant in Kentucky.
e. French companies purchase crude oil from Saudi Arabia.
Which one does NOT involve businesses buying or selling items or supplies to a company in a DIFFERENT country?
To determine which of the scenarios would not be considered international business, we need to consider the definition of international business. International business refers to economic activities that occur between two or more countries. It involves the exchange of goods, services, and capital across national borders.
Let's analyze each scenario:
a. A Chinese manufacturer sells toys to a large toy retailer in the United States.
This scenario involves the exchange of toys between China and the United States, making it an example of international business.
b. Intel sells its processors to a computer manufacturer in Korea.
In this scenario, Intel, an American company, is selling its processors to a computer manufacturer in Korea, making it an example of international business.
c. A large jewelry store in England purchases its diamonds from DeBeers in South Africa.
This scenario involves the purchase of diamonds from South Africa by an English jewelry store, making it an example of international business.
d. A bearing manufacturer in South Carolina sells its parts to a Toyota plant in Kentucky.
In this scenario, although there is an exchange of goods within the United States, it does not involve trade between two or more countries. Hence, it would not be considered international business.
e. French companies purchase crude oil from Saudi Arabia.
This scenario involves the purchase of crude oil from Saudi Arabia by French companies, making it an example of international business.
Therefore, the scenario that would not be considered international business is d. A bearing manufacturer in South Carolina sells its parts to a Toyota plant in Kentucky.