Quiz - International Business MGT 440 Section 01 Quiz 1...

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International Business MGT 440 Section 01 Quiz # 1 Time: 15 Minutes Points: 20 Attempt all questions. Mark the correct answer. 1. The deepening relationship and broadening interdependence among people from different parts of the world is known as . @ globalization b. off-shoring J c. economic geography F d. outsourcing 2. All commercial transactions between two or more countries are known as . a. foreign trade b. the balance of payments c. globalization international business 3. International business has recently grown at such a rapid pace because of . @ development of institutions to support and facilitate trade /: stricter government policies on cross-border movements decreasing global competition d. increased concerns about terrorism 4. A company starting out with a global focus, usually because of the international experience of its founders, is called a . P a. multinational enterprise b. transnational company c. strategically allianced company d born-global company 0 5. Potential pressures of increased foreign competition can persuade companies to a. use more domestic inputs in their production @) expand their business into international markets c. seek fewer barriers to imports d. raise prices to improve the quality-image of their products
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6. All of the following are major criticisms of globalization except . a. countries lose control to act in their own best interest b. globalization brings economic growth that uses too many nonrenewable resources and despoiIs the environment /c. globalization creates winners and losers, thus leading to greater inequality @ globalization increases the cost of production 7. The process of shifting production from a domestic to a foreign location is known as out-sourcing c. service imports d. a turnkey operation 8. The major argument companies use to support off-shoring is that it . a. helps poor countries improve their economies saves costs reduces pollution. d. reduces home-country unemployment 9. When two or more organizations share in ownership of a foreign direct investment, the operation is called a . a. portfolio investment b. transnational corporation c. turnkey operation @ joint venture 10. A multinational enterprise (MNE) is one that is . a. among the world's 500 largest companies b. owned and managed by companies whose headquarters are split among different countries c. licensed to operate by the United Nations Transnational Center @ willing to consider market and production locations anywhere in the world 11. consists of specific learned norms based on attitudes, values, and beliefs of a group of people. Ac$s:n d. Doctrine
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International Business MGT 440 Section 01 Quiz # 2, March 19,2009 Name AU A AP/~L~L~ Time: 10 Minutes ID # 2b0 3 5 38?O Points: 10 Attempt all questions. Mark the correct answer. 1. The idea that endorses the principle that an individual has the freedom to pursue his or her interest, even at the risk of threatening the common good, is called .
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This note was uploaded on 10/09/2011 for the course FIN 123 taught by Professor 123 during the Spring '11 term at Abu Dhabi University.

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Quiz - International Business MGT 440 Section 01 Quiz 1...

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