S.F State IBUS330 Ch 1 & 2 Spring 09

S.F State IBUS330 Ch 1 & 2 Spring 09 - Question 1...

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Question 1 Marks: 2 FDI stands for Choose one answer. a. Federal Deposit Insurance b. Foreign Domestic Investment c. Foreign Direct Investment d. Fast Developing Investment e. Foreign Daily Investment Correct Marks for this submission: 2/2. Question 2 Marks: 2 The two arenas in which globalization takes place are: Choose one answer. a. Upstream Production and Downstream Markets
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b. Globalization of Markets Upstream and Production Downstream c. Rationalization of the VAC and Comparative Advantage d. Market Imperfections and Free Trade e. The World Trade Organization and Foreign Direct Investment Correct Marks for this submission: 2/2. Question 3 Marks: 2 In the past 30 years, the U.S. share of total world output has decreased. Answer: True False Correct Marks for this submission: 2/2. Question 4 Marks: 2 Given globalization of world markets consumer tastes and preferences have now completely converged on global norms. Answer:
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True False Correct Marks for this submission: 2/2. Question 5 Marks: 2 Trade unions claim that by permitting international firms to continually move to nations with relatively lower labor standards, globalization ________ labor's bargaining power and forces overall labor standards ________. Choose one answer. a. strengthens; to improve b. slows down; abroad c. reduces; lower d. increases; higher Correct Marks for this submission: 2/2. Question 6 Marks: 2 A company that sells a global product can explore opportunities abroad if the home market is small or becomes saturated. Choose one answer.
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a. True b. False Correct Marks for this submission: 2/2. Question 7 Marks: 2 Globalization benefits Apple by allowing it to sell the same iPod models worldwide with little or no ________. Choose one answer. a. standardization b. modification c. exportation d. advertising Incorrect Marks for this submission: 0/2. Question 8 Marks: 2 Foreign direct investment can serve as a substitute for
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Choose one answer.
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This note was uploaded on 04/05/2009 for the course IBUS 330 taught by Professor Nicholson during the Spring '07 term at S.F. State.

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S.F State IBUS330 Ch 1 & 2 Spring 09 - Question 1...

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