Quiz 3 Spring 2012 GEB 3373

Quiz 3 Spring 2012 GEB 3373 - Quiz 3 Spring 2012 GEB 3373...

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Quiz 3 Spring 2012 GEB 3373 1. [New York Times] Almost all of the 70 million iPhones sold last year were manufactured ______. Almost all of the 30 million iPads sold last year were manufactured _____. a. in the United States … in the United States b. in the United States … overseas c. overseas … in the United States d. overseas … overseas 2. [New York Times] Apple now employs ______ people in the United States than General Motors did in the 1950s and ______ people in the United States than General Electric did in the 1980s. a. fewer … fewer b. fewer … more c. more … fewer d. more … more 3. [New York Times]When Steve Jobs complained in 2007 that a prototype iPhone was easily scratched by being carried in a pocket with keys, an Apple executive booked a flight to a. Seattle, Washington. b. Elk Grove, California. c. Shenzhen, China. d. São Paulo, Brazil. e. Orlando, Florida. 4. [New York Times]When Apple began building the Macintosh in 1983, it was made mostly _____. By 2004, Apple had ______. a. in America … continued to produce mostly in America. b. in America … largely turned to foreign manufacturing. c. overseas … continued to produce mostly overseas. d. overseas … largely turned to American manufacturing. 5. [New York Times]Apple’s Timothy Cook turned largely to _____ for manufacturing, chiefly because of the ______. a. Asia … lower wages b. Asia … faster and more flexible supply chains c. Europe … quality of components d. Europe … faster and more flexible supply chains 6. [New York Times] Foxconn City, a complex with 230,000 employees, is in a. Washington State. b. Connecticut. c. China. d. Canada. e. Russia.
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7. [New York Times] In explaining the location of the production of iPhones, Apple executives most strongly emphasized a. wages. b. taxes. c. regulations. d. skilled workers. e. tariffs and other trade barriers. 8. [New York Times] Particularly among Americans without college degrees, today’s new jobs are disproportionately in a. service occupations. b. manufacturing. c. construction. d. state and local government. e. national defense. 9. [New York Times]Since 2005, Apple’s share prices have a. fluctuated around $45. b. plunged from more than $427 to about $45. c. risen from about $45 to more than $427. d. The question errs. Apple is privately held and does not have share prices. 10. [New York Times] In the past four years Apple has released _____. This is a _____ pace than that of GM’s major automobile redesigns. a. only one iPhone … slower b. five iPhones … faster c. five iPhones … slower 11. Select the best ranking (from most to least) of the degree of globalization by market: a. labor, capital, goods. b. labor, goods, capital.
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This note was uploaded on 03/12/2012 for the course GEB 3373 taught by Professor Crum during the Spring '10 term at University of Florida.

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Quiz 3 Spring 2012 GEB 3373 - Quiz 3 Spring 2012 GEB 3373...

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