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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22 OBJ: 2.2 NAT: AACSB: Tier 1 Analytic | Tier 2 Strategy 5. Institutional transactions in countries such as China‚ Poland‚ Russia‚ Brazil‚ India and South Africa create both huge challenges and tremendous opportunities for domestic and international firms. ANS: T PTS: 1 DIF: Moderate REF: p. 22 OBJ: 2.2 NAT: AACSB: Tier 1 Diversity | Tier 2 Environmental Influences 6. In the IT industry in China and India‚ managers do not have to excel in the game of market responsiveness and innovation
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A Quiz Business Bear Question 1 5 out of 5 points To be successful entrepreneurs must be comfortable risking their money and _____ to start and manage a business. Answer Selected Answer: time Correct Answer: time Question 2 0 out of 5 points _____ boomed as mass production took hold during the Industrial Revolution. Answer Selected Answer: Skilled artisan workshops Correct Answer: Factory production Question 3
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International Business‚ 6e (Wild/Wild) Chapter 1 Globalization 1) International business is any commercial transaction that crosses the borders of two or more nations. Answer: TRUE Diff: 1 Page Ref: 4 AACSB: Dynamics of the global economy Skill: Concept Objective: Chapter 1-LO1 2) Imports are goods and services purchased abroad and brought into a country. Answer: TRUE Diff: 1 Page Ref: 4 AACSB: Dynamics of the global economy Skill: Concept Objective: Chapter 1-LO1 3)
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[pic] COLLEGE OF LAW‚ GOVERNMENT & INTERNATIONAL STUDIES UNIVERSITI UTARA MALAYSIA |No. |Information on Course | | |Course Name : INTERNATIONAL BUSINESS | | |Course Code: GFMA 2023
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laws automatically followed by the Philippines? Explain. (200 words) As stated in Art II‚ Sec. 2 of the 1987 Philippine Constitution “The Philippines renounces war as an instrument of national policy‚ adopts the generally accepted principles of international law as part of the law of the land and adheres to the policy of peace‚ equality‚ justice‚ freedom‚ cooperation‚ and amity with all nations.” a war that is renounced is an aggressive and defensive war. It rejects war in its foreign policies except
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rates in Internet penetration? Answer Correct Answer: Asia • Question 6 1 out of 1 points The Foreign Corrupt Practices Act allows U.S. companies to make bribes to foreign officials when they are an accepted part of business. Answer Correct Answer: False • Question 7 0 out of 1 points The political philosophy of collectivism is associated with which of the following individuals? Answer Correct Answer: A. Plato • Question
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Globalization and International Business The Concept of Globalization – putting everything into one village * The process of integration and convergence of economic‚ financial‚ cultural and political systems across the world. * Globalization – refers to the integration and interaction between different people and nations. * Globalization is the process of international integration arising from the interchange of world views‚ products‚ ideas and other aspects of culture. Globalization
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of the US finally result in deal in 2006’ on pages 188-190 of your textbook and prepare discussion points for the five questions at the end. Tutorial activity 4: In-class multi-choice quiz. Your tutor will print out the quiz and administer in class. Students will be given 10 mns to attempt the quiz. Your tutor will then discuss the solutions in
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