IBUSEX - Exam 1 - Chapters 1, 2 and 3 Review of attempt 1...

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Exam 1 -- Chapters 1, 2 and 3 Review of attempt 1 Question 1 Marks: 3 By operating internationally, a company may take advantage of business-cycle differences among countries and thereby reduce its financial risks. Answer: True False Correct Marks for this submission: 3/3. Question 2 Marks: 3 A foreign direct investment occurs ________. Choose one answer. a. only when a company owns more than 50 percent of a foreign firm b. when a company controls a company abroad c. with the establishment of a partnership rather than the purchase of a foreign firm d. when foreign ownership is in private rather than government securities Correct Marks for this submission: 3/3. Question 3 Marks: 3 Institutions such as freedom of expression, periodic elections, guaranteed civil and property rights, and minority rights are typical of which of the following type of government? Choose one answer. a. Representative theocracies b. Representative anarchies c. None of these d. Representative democracies e. Representative dictatorships Correct Marks for this submission: 3/3. Question 4 Marks: 3 The FCPA is a United Nations law that governs corporations and their conduct in ethical situations.
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Answer: True False Correct Marks for this submission: 3/3. Question 5 Marks: 3 Which of the following statements is true concerning the international business competitive environment? Choose one answer. a. It takes about the same amount of resources to gain national distribution in a large country as in a small one. b. Although countries' market sizes differ, companies usually face about the same number of competitors in each national market. c. Being a leader in one country doesn't guarantee you'll be a leader in any other country. d. In most industries, companies face the same competitors in each country where they operate. Correct Marks for this submission: 3/3. Question 6 Marks: 3 Which country listed below is a group-focused society? Choose one answer. a. Germany b. Canada c. Japan d. the United States e. the United Kingdom Correct Marks for this submission: 3/3. Question 7 Marks: 3 ________ is the unconscious use of one's own culture to help assess new surroundings. Choose one answer. a. Cross-cultural literacy b. Self-reference criterion c. Cultural illiteracy d. Acculturation (wrong) e. Cultural conversion Incorrect Marks for this submission: 0/3.
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Question 8 Marks: 3 When a country's religious leaders are also its political leaders, its political system is called a theocracy. Answer: True False Correct Marks for this submission: 3/3. Question 9 Marks: 3 A totalitarian political system is marked by ________. Choose one answer. a. total participation b. None of these (wrong) c. narrow participation d. wide participation e. public referendums Incorrect Marks for this submission: 0/3. Question 10
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IBUSEX - Exam 1 - Chapters 1, 2 and 3 Review of attempt 1...

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