Question

3 multiple choice 4 points what does the term \global vision\ refer to in the context of international business? the ability to see distant objects clearly. the vision that considers only regional markets. the recognition and reaction to international business opportunities and threats. the concept of only focusing on domestic markets.

Explanation:

In international business, "global vision" relates to understanding and acting on global - not just regional or domestic - business opportunities and threats. The first option is a literal, non - business - related definition of vision. The second option is incorrect as it's about regional (not global) markets. The fourth option is wrong as it focuses on domestic (not international) markets. The third option correctly defines "global vision" in this context.

Answer:

The recognition and reaction to international business opportunities and threats.