All SGQ Quiz

All SGQ Quiz - Started on Saturday, September 4, 2010,...

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Started on Saturday, September 4, 2010, 04:20 PM Completed on Saturday, September 4, 2010, 04:23 PM Time taken 3 mins 37 secs Grade 5 out of a maximum of 10 ( 50 %) Question 1 Marks: 1 One way of describing international business could be all of the chain of activities a firm undertakes in more than one country to gather raw materials and other inputs, transform them into something of higher value, and distribute this higher value product or service to consumers who want it. Answer: True False Correct Marks for this submission: 1/1. Question 2 Marks: 1 Of the following forms of international business, which would be the least risky? Choose one answer. a. Exporting b. Management Contracts c. Franchising d. A domestic business e. A firm that has complete FDI controlling every aspect of operations in the foreign host country because it owns and controls everything Correct Question 3 Marks: 1 Every product produced and every service delivered in business has a corresponding Value Added Chain (VAC) of activities that are put together to make products or deliver services, starting with upstream inputs, going through midstream transformation and ending with downstream distribution of the goods and services, getting them into the hands of consumers. Answer: True False Incorrect Marks for this submission: 0/1. Question 4 Marks: 1 What is the capital of China (PRC)? Choose one answer. a. Shanghai b. Taiwan c. Beijing
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d. Hong Kong e. Canton Correct Marks for this submission: 1/1. Question 5 Marks: 1 As firms begin to internationalize, one of the least risky, lowever levels of involvement internationally would be a wholly owned subsidiary. Answer: True False Incorrect Marks for this submission: 0/1. Question 6 Marks: 1 From looking at trade data, one could logically draw the conclusion that the U.S.A. is the NAFTA country that is making the overall trade balance for the NAFTA countries negative, an overall trade deficit. Answer: True False Correct Marks for this submission: 1/1. Question 7 Marks: 1 The U.S.A. imports more than it exports while China has the opposite situation, exporting more than it imports. Answer: True False Correct Marks for this submission: 1/1. Question 8 Marks: 1 NAFTA (The North American Free Trade Agreement comprised of the U.S.A., Canada and Mexico) exports more per year than does the EU (the European Union). Answer: True False Incorrect Marks for this submission: 0/1. Question 9 Marks: 1
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Given their recent rise to incredible levels of power and influence, multinational corporations now are so powerful that international business is solely their territory. Answer: True False Correct Marks for this submission: 1/1. Question 6 Marks: 1 The EU (European Union) imports more goods and services annually than do the NAFTA countries. Answer:
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This note was uploaded on 10/26/2011 for the course IBUS 330 taught by Professor Nicholson during the Fall '07 term at S.F. State.

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All SGQ Quiz - Started on Saturday, September 4, 2010,...

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