Quiz 1 Spring 2012 questions

Quiz 1 Spring 2012 questions - GEB 3373 Quiz 1 Spring 2012...

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GEB 3373 Quiz 1 Spring 2012 1. Griffin and Pustay note that Inventory management systems such as just-in-time were pioneered in a. Germany. b. Brazil. c. China. d. Japan. e. India. 2. A firm with a name followed by AG or KGaA could well be _____. A firm with a name followed by PLC or Ltd could well be _____. a. Japanese … French b. French … Japanese c. German … British d. British … German e. Chinese … Brazilian 3. A firm with a name followed by KK could well be incorporated in _____. A firm with a name followed by BV or NV could well be incorporated in ______, a. Japan … the Netherlands b. the Netherlands … Japan c. China … India d. India … China e. Canada … Mexico 4. To host the 2004 summer Olympics, the IOC chose the country where the Olympics began, a. Italy. b. France. c. China. d. Greece. e. Egypt. 5. During the late middle ages, Venice, Genoa, and Florence became centers of banking and trading between Europe and China. Their role in that trade route was disrupted by the 1453 conquest of a. Athens. b. Beijing. c. Istanbul. d. Rome. e. London. 6. Foreign investments made to actively control property or companies located in host countries are a. portfolio investment. b. licensing.
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c. direct investment. d. franchising. e. IPOs. 7. Purchases of foreign assets for purposes other than direct control are a. portfolio investment. b. licensing. c. limited investment. d. franchising. e. IPOs. 8. In 1950 merchandise trade accounted for about _____ percent of the total GDP of the world’s nations. a. one b. five c. fifteen d. twenty-five e. fifty 9. Merchandise trade now accounts for about _____ percent of the total GDP of the world’s nations. a. one b. five c. fifteen d. twenty-five d. fifty 10. In 1980 foreign direct investment equaled about _____ percent of the total GDP of the world’s nations. a. two b. ten c. twenty-five d. fifty e. one hundred 11. Today foreign direct investment equals about _____ percent of the total GDP of the world’s nations. a. two b. ten c. twenty-five d. fifty e. one hundred 12. In Thomas Friedman’s book The Lexus and the Olive Tree (2000), Friedman says that the ultimate “olive tree” is a. the nation-state.
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b. natural resources. c. well-rooted peace. d. globalization that respects the environment. e. investment that benefits future generations. 13. In Thomas Friedman’s book The Lexus and the Olive Tree (2000), the Lexus represents a. modern technology. b. the speed of globalization. c. homogeneity of aspirations and points of view resulting from globalization. d. product differentiation resulting from trade. e. high quality resulting from the globalization of technology. 14. Ranked by revenues, six of the world’s twenty largest firms in 2007, including four of the top six, were in a. oil. b. finance.
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Quiz 1 Spring 2012 questions - GEB 3373 Quiz 1 Spring 2012...

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