Review Problems - True/False Questions 1. It is apparent...

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

View Full Document Right Arrow Icon
1 國際企業試題(國貿系) True/False Questions 1. It is apparent American managements want their top executives at company headquarters to have years of foreign experience. A) True B) False Answer: A 2. A senior manager of a major multinational said that "no one will be in a general management job by the end of the decade who didn't have international exposure and experience." A) True B) False Answer: A 3. CEOs of major American firms doing business overseas are not convinced the business graduates they hire should have some education in the international aspects of business. A) True B) False Answer: B 4. A survey of CEOs found about 3/4 of them believed all business majors should take an introduction to business course. A) True B) False Answer: A 5. Only those companies that have foreign operations need to be aware of what is occurring globally in its markets and their industry. A) True B) False Answer: B
Background image of page 1

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

View Full DocumentRight Arrow Icon
Ball/McCulloch/Frantz/Geringer/Minor: International Business, 9/e 2 6. Firms with no foreign operations of any kind do not need managers with a global business perspective. A) True B) False Answer: B 7. According to the text, foreign business is business whose activities are carried out across national borders. A) True B) False Answer: B 8. Business people usually define a transnational as a company formed by a merger of two firms approximately the same size that are from two different countries.* A) True B) False Answer: A 9. According to the text, a global company is an organization with multicountry affiliates, each of which formulates its own business strategy based on perceived market differences. A) True B) False Answer: B 10. According to the definitions in the text, a multidomestic firm is an organization that attempts to standardize operations worldwide in all functional areas. A) True B) False Answer: B
Background image of page 2
11.The term in this text, "international company," refers to both global and multinational firms. A) True B) False Answer: A 12. While international business as a discipline is relatively new, international business as a business practice is not. A) True B) False Answer: A 13. The first successful American venture into foreign production was a factory built in Scotland by Singer Sewing Machine in 1868. A) True B) False Answer: A 14. There are five major kinds of drivers, all based on changes that are leading international firms to the globalization of their operations. A) True B) False Answer: A 15. The difference between firms of the early 1900s and present day companies are their explosive growth and the increasing globalization of their products and markets. A) True B) False Answer: A 16. One variable commonly used to measure where and how fast internationalization takes place is the increase in FDI.
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 02/27/2012 for the course ECON 4371 taught by Professor Muir during the Spring '12 term at King Mongkut's Institute of Technology Ladkrabang.

Page1 / 220

Review Problems - True/False Questions 1. It is apparent...

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