Chapter 1 Globalization and International Business 1) The broadening set of interdependent relationships among people from different parts of the world is known as ________. A) globalization B) offshoring C) franchising D) outsourcing Answer: A Diff: 1 Page Ref: 5 Skill: Concept Objective: STUDY QUESTION 1.1: What are international business and globalization? What is the relationship between them? AACSB: Multicultural and Diversity 2) The term globalization is sometimes used to mean the ________
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Quiz Chapter 6 1. One of the objectives of export tariffs is to: A. improve the efficiency of utilization of resources. B. curb the competition offered by foreign firms to domestic firms. C. reduce exports from a sector‚ often for political reasons. D. maintain a positive trade deficit. 2. _____ take many forms including cash grants‚ low-interest loans‚ tax breaks‚ and government equity participation in domestic firms. A. Ad valorem tariffs B. Subsidies C. Quota rents D. Specific
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Chapter 2—Understanding Politics‚ Laws‚ & Economics TRUE/FALSE 1. Formal and informal policies are popularly known as "the rules of the game." ANS: T PTS: 1 DIF: Moderate REF: p. 20 OBJ: 2.1 NAT: AACSB: Tier 1 Communication | Tier 2 Legal Responsibilities 2. Two "pillars"—the regulatory and the normative pillar—support informal institutions. ANS: F PTS: 1 DIF: Easy REF: p. 21 OBJ: 2.1 NAT: AACSB: Tier 1 Reflective Thinking | Tier 2 Legal Responsibilities 3. Informal institutions
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debt B. the labor force C. the amount of money held by the public D. inventory investment 0 out of 1 Incorrect. The correct answer is D. Inventory investment is a quantity measured per unit time‚ so it is a flow variable. See Section 2-1. 3 of 30 Gross domestic product (GDP) is A. a stock. B. a flow. C. both a stock and a flow. D. neither a stock nor a flow. 0 out of 1 Incorrect. The correct answer is B. GDP is a quantity measured per unit time‚ so it is a flow. See Section
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Week 1 Chapter 3 QUIZ — STR/581 1. The various interegoloio associated with the CBC Corporation expect and demand their claims toward the organization be settled in a responsible manner. When discussing this concept‚ all of the following statements would be considered true of a corporation’s interest groups except which one? A) Governments expect adherence to legislation. B Stockholders desire appropriate returns on their investments. The general public wants products with fair pricing. D
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CHAPTER 2 Management Challenges Business Applications Module I Information Technologies Development Processes Foundation Concepts COMPETING WITH INFORMATION TECHNOLOGY Chapter Highlights Section I Fundamentals of Strategic Advantage Strategic IT Competitive Strategy Concepts Real World Case: GE‚ Dell‚ Intel‚ GM‚ and Others: The Competitive Advantage of Information Technology Strategic Uses of Information Technology Building a Customer-Focused Business The Value Chain and Strategic
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individuals and households that buy goods and services for personal consumption. What type of market does Percy Original cater to? Answer | | | | | Selected Answer: | consumer | Correct Answer: | consumer | | | | | * Question 3 2 out of 2 points | | | Focus group interviewing has become one of the major marketing research tools for getting insight into consumer thoughts and feelings. However‚ if the sample size is small‚ a researcher would be most concerned about
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why it is or it is not the case. a. They will cost more to ship then you will get in profit. In favor of less weight and more value. That is why the export pieces of items instead of the whole thing. 3. Despite its advantages‚ FDI has been described as an "expensive" and "risky" international growth strategy. Other things being equal‚ why is FDI expensive and risky? Compare the risks involved with FDI to the risks involved with exporting and licensing. a. The company is investing in a country
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Chapter 8-Political Forces 6. How can international companies use their strengths to influence government policies? International business is not merely a passive victim of political forces. It can be a powerful force in the world political arena. As noted in chapter 1‚ about half of the world’s 100 biggest economic units are firms‚ not nations. (257) International companies repeatedly make decisions about where to invest‚ where to conduct research and development‚ and where to manufacture
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Chapter 1: Globalization and International Business Introduction 1. The meaning of globalization * Broadly: the widening set of interdependent relationships among people from different parts of a world that happens to be divided into nations. * Narrowly: the integration of world economies through the elimination of barriers to movements of goods‚ services‚ capital‚ technology‚ and people. A. How Does International Business Fit In? * International business consists of all
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