Economics Quiz

IBquiz week 1

Question 1

Which of the following terms describes foreign direct investment most accurately?

Directly investing in, controlling, and managing value-added activities in other countries.
Directly investing in, controlling, and managing value-added activities in other markets.
Directly investing in shares of a multinational enterprise.
All of these answers

Question 2

In high masculinity societies: women are increasingly likely to become politicians and soldiers. men frequently assume the role of nurses, teachers, and househusbands. there is a sharp role differentiation along gender lines. members place a premium on job security.

Question 3

Which of the following is NOT one of the three "middle-of-the-road" guiding principles proposed by business ethicist Thomas Donaldson? Firms should maintain and teach the ethical standards from their home country.
All firms should show respect for human dignity and basic rights.
Firms should gain careful understanding of local institutions if they wish to show respect for institutional context.
Firms that show respect for local traditions suggests cultural sensitivity.

Question 4

A liability of foreignness is ____ the inherent advantage that foreign firms experience in host countries. the inherent disadvantage that foreign firms experience in host countries. the inherent advantage that foreign firms experience in home countries. the inherent disadvantage that foreign firms experience in home countries.

Question 5

An institutional framework if made up of: regulatory and cognitive pillars. formal and informal institutions. the political, economic, and legal systems of countries.
None of these answers.

Question 6

According to the institution-based view, in situations where ____ constraints are unclear or fail, ____ constraints will play a larger role in reducing uncertainty and providing constancy to managers and firms. informal, formal formal, informal