IBUSChapter1Quiz - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Which of the following does not belong with the others in this group a global b divergence

IBUSChapter1Quiz - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16...

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1. Which of the following does not belong with the others in this group? a. global b. divergence c. multinational d. pressures of local responsiveness e. politics 2. All products have the potential for being global products if the firm has the right knowledge on how to globalize a. True b. False 3. The ________________ is very useful aid to understanding how firms acquire and upstream resources such as energy, personnel, raw materials, and capital -- combining and transforming more valuable products which are then moved downstream through channels of distribution to get them into the hands of either end- user or industrial consumers. a. The Value Added Chain (VAC) 4. Supranational organizations are entities whose span of control or influence ranges over how many nations? a. Multiple nations usually spanning whole regions 5. Which of the following countries make up the BRICS? a. Brazil, Russia, India, China, and South Africa 6. Services can be a. either imported or exported 7. Which of the following is the best definition of what constitutes international business at its simplest level?
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