MIDTERM_EXAM_2010_REVIEW - MID-TERM EXAM 2010 REVIEW...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
MID-TERM EXAM 2010 REVIEW Student: ___________________________________________________________________________ 1. Historically, international business: A. is relatively new. B. existed before the time of Christ. C. B and D. D. was influenced by the rise of the Ottoman Empire. 2. As used in the text, a global company is an organization A. that attempts to standardize operations worldwide in most or all functional areas. B. that looks for differences among markets. C. that is transnational. D. all of the above 3. An international business A. is a business whose activities involve crossing national borders. B. denotes the domestic operations within a foreign country. C. is an organization with multicountry affiliates. D. is an organization that attempts to standardize operations worldwide. 4. A multidomestic company is A. a business whose activities involve crossing national borders. B. the domestic operations within a foreign country. C. an organization with multicountry affiliates. D. an organization that attempts to standardize operations worldwide. 5. A global company (GC) is A. a business whose activities involve crossing national borders. B. the domestic operations within a foreign country. C. an organization with multicountry affiliates. D. an organization that attempts to standardize operations worldwide.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
6. UNCTAD, an agency of the United Nations estimates there are __________ international firms in the world. A. 5,500 B. 12,000 C. 64,000 D. 120,000 E. over 800,000 7. Foreign subsidiaries must obey the local laws. If they don't, they are subject to: A. legal action by the host country. B. legal action by the host country and the country of the parent company. C. seizure by the host government. D. cancellation by the parent company of its right to do business in the host country. E. A and C. 8. The worldwide stock of outward FDI is estimated to have increased __ between 1980 and 2006. A. Threefold B. Eightfold C. Twelvefold D. Seventeenfold E. Twentytwofold 9. According to the text, one variable commonly used to measure where and how fast internationalization takes place is: A. the increase in a nation's population. B. the increase in the number of new companies formed. C. the increase in foreign direct investment. D. the increase in international trade. 10. Examples of the kinds of uncontrollable forces listed in the text are: A. competitive. B. technological. C. gravitational. D. A and B. E. All of the above.
Background image of page 2
11. One measure of the magnitude of international trade and how it has grown is _____________ of everything grown or made in the world is now exported. A. 10% B. 25% C. 32% D. 45% 12. More than half of the exports from developing nations go to developed nations and A. this proportion has been declining over the past 35 years. B. over 70 percent of exports from developed economies also go to other industrialized nations.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 06/06/2010 for the course INB 3550 taught by Professor Belayseyoum during the Spring '10 term at Nova Southeastern University.

Page1 / 48

MIDTERM_EXAM_2010_REVIEW - MID-TERM EXAM 2010 REVIEW...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online