Course Hero Logo

BUSI604 - Test 1.pdf - My Pro le Course Content...

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 1 - 5 out of 14 pages.

Question 1ISO standards are designed to be implemented worldwide.2 out of 2 points
Question 22 out of 2 points
Question 3There is no notable di±erence in the way a nation conducts business versus the way alarge corporation conducts business.Question 4(______) has emerged as a cost-leading manufacturer of products ranging fromconsumer goods to industrial equipment.Question 5Opponents of globalization claim that globalization has led to widespreadgovernment corruption as indicated through the extensive use of (______).Question 6Globalization creates interdependencies, requires transparency, necessitates thatbusiness people understand the ideal goal of having a seamless internationalmarketplace, and involves blending and merging of various cultures.Question 7Economic health varies in moderate correlation with the amount of internationaltrade activity in each host country.Question 8Economic health is considered (______) when a country imports considerably morethan it exports.2 out of 2 points2 out of 2 points2 out of 2 points2 out of 2 points2 out of 2 points2 out of 2 points
Question 9foreign investor has vested in his or her foreign portfolio, potentially prompting the2 out of 2 pointsWhich of the following are driving forces behind the trend towards increasingglobalization:Question 10(_______) is an attractive option for ±rms looking to diversify their investmentportfolios and creating opportunities for ±rms looking to enter emerging markets.Question 11Embargoes are de±ned as the prohibition of commerce and trade with a certainnation.Question 12The global business manager must possess a strong international awareness andmust understand the unique factors that contribute to the success of a globalbusiness, including formal education.Question 13The international market removes the boundaries of local market territories, therebydecreasing the potential market audienceQuestion 14Signi±cant ²uctuations in (__________) can reduce the actual value of each dollar that aforeign investor has vested in his or her foreign portfolio, potentially prompting the2 out of 2 points2 out of 2 points2 out of 2 points2 out of 2 points2 out of 2 points2 out of 2 points
Question 15The Information Age was characterized by a marked surge in manufacturingtechniques that included mass assembly, electricity, and new forms of propulsion.

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 14 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
Romanoski
Tags
Capitalism, International Trade, The Bible, World Trade Organization

Newly uploaded documents

Show More

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture