BA10-Mod5Lect3 Notes - Module 5 Lecture 3 4/23 Global Business Entrepreneurship Review Questions What is the best description of the US business

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Module 5 Lecture 3 4/23 Global Business & Entrepreneurship Review Questions What is the best description of the US business environment? A. Highly regulated free market economy B. A command economy C. Laissez faire D. Highly socialized capitalist economy The US legal system includes many different courts, civic and criminal, city, state, and federal. Which of the following is true? A. Overlapping jurisdictions can result in double jeopardy B. Often unclear whether a matter is federal or state C. There are mechanisms to hear a case in federal and state court at the same time by using two different juries in one courtroom D. Under the doctrine of pre-emption, legal cases fall clearly under one of the court systems o Mafia trials, 1 trial for all of them because same witnesses testify International Trade $12 billion imported and exported Increased rapidly over last 20 years o China open up economy o Mature economies rely on importation of energy o Outsourcing manufacturing
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This note was uploaded on 04/01/2008 for the course UGBA 10 taught by Professor Xuanmingsu during the Spring '08 term at University of California, Berkeley.

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BA10-Mod5Lect3 Notes - Module 5 Lecture 3 4/23 Global Business Entrepreneurship Review Questions What is the best description of the US business

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