PRACTICEREVIEWQUIZZES&APLIA

PRACTICEREVIEWQUIZZES&APLIA - PRACTICE REVIEW...

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PRACTICE REVIEW QUIZZES ________1. Offshore Outsourcing is: a. relocation of an organizational function to a foreign country b. transfer of an organizational function to a third party c. transfer of an organizational function to a third party, when the party is located outside the country ________2. Suppose that real incomes increase more rapidly in the United States than in Mexico. In the United States, this situation would likely result in a(an): a. Increase in the demand for pesos b. Decrease in the demand for pesos c. Increase in the supply of pesos d. Decrease in the supply of pesos ________3. Chevrolet contracts with a call center in India. This is an example of: a. domestic outsourcing b. offshore outsourcing c. offshoring d. insourcing ________4. Which one of the following is not an objection to outsourcing? a. increased unemployment c. provides private corporations with a means to escape taxation d. access to local markets e. provides private corporations with a means to escape government regulation _________5. If Canadian speculators believed the Swiss franc was going to appreciate against the U.S. dollar, they would: a. Purchase Canadian dollars b. Purchase U.S. dollars c. Purchase Swiss francs d. Sell Swiss francs ________6. Which one of the followings statements is not accurate? a. Offshore outsourcing is usually expected to increase domestic unemployment b. Offshore outsourcing is usually expected to increase offshore employment c. Offshore outsourcing is usually expected to decrease offshore employment d. Domestic outsourcing may increase domestic unemployment ________7. Grain shortages in countries that buy large amounts of grain from the United
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States would increase the demand for American grain and: a. Reduce the demand for dollars b. Increase the demand for dollars c. Reduce the supply of dollars d. Increase the supply of dollars ________8. Off-shoring is: a. relocation of an organizational function to a foreign country b. transfer of an organizational function to a third party c. transfer of an organizational function to a third party, when the party is located outside the country ________9. Under a system of floating exchange rates, the Swiss franc would depreciate in value if which the following occurs? a. Price inflation in France b. An increase in U.S. real income c. A decrease in the Swiss money supply d. Falling interest rates in Switzerland _______10. Which one of the following statements is most probably inaccurate? a. There is no correlation between trade deficit and unemployment b. Manufacturing output is decreasing in the US c. Manufacturing employment is decreasing in the US d. Despite outsourcing the service industry is expanding in the US _______11. The shift in demand towards more skilled workers in the US is due to: a. Increase in the use of computers and high technology b. Outsourcing of the less skilled jobs to other countries c. Increase in the immigration in the US d. a and b
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This note was uploaded on 05/12/2010 for the course GENB GENB 3353 taught by Professor Ruxendraprodan during the Spring '10 term at University of Houston.

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PRACTICEREVIEWQUIZZES&APLIA - PRACTICE REVIEW...

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