BUSI 604 TEST 1.docx - Question 1 2 out of 2 points have...

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Question 1 2 out of 2 points(_____) have been constructed to prevent domestic companies from employing underage workers—even in foreign countries.
Question 2 2 out of 2 pointsThe U.S. is home to some of the world’s leading hardware and software manufacturers.
Question 3 2 out of 2 points(___________) is the official measure of total output of goods and services in a nation’s economy.
Question 4 2 out of 2 pointsMultinational corporations (MNCs) are often divided into three broad groups based on (___), (____), and (_____).
Question 5 0 out of 2 pointsHorizontal integration extends a firm's competitive scope within the same industry by performing production activities normally provided by a supplier or distributor.
Question 6 0 out of 2 points
The (_________) was enacted to provide uniform standards and rules of engagement to a growing international trade market.
Question 7 2 out of 2 pointsThe North American Free Trade Agreement was enacted to provide uniform standards and rules of engagement to a growing international trade market.
Question 8 2 out of 2 pointsUnited States imports primarily come from the following countries: China, Canada, Mexico, and Germany.
Question 9 2 out of 2 pointsThe Industrial Revolution technically could be traced to the invention of the telephone and the telegraph in the late 1800s, it rose to the forefront in the early 1970s with the advent of the microprocessor.
Question 10 2 out of 2 points(___), (___), and (____) are considerable operational differences of global businesses from that of domestic businesses.
Question 11 2 out of 2 points(_______), increasing market audience, receiving foreign direct investment are reasons
international trade is important to the United States.
Question 12 2 out of 2 pointsThe (______) brought about the first efficient forms of mass transportation using machine power.
Question 13 2 out of 2 pointsDiversified integration occurs when a firm expands its business into different products that are not similar to current lines.

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