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

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Question 1 Question 2 Diversi±ed integration occurs when a ±rm expands its business into di²erent products that are not similar to current lines.2 out of 2 points 2 out of 2 points
Question 3 There 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 5 Opponents of globalization claim that globalization has led to widespreadgovernment corruption as indicated through the extensive use of (______). Question 6 Globalization 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 7 Economic health varies in moderate correlation with the amount of international trade activity in each host country.Question 8 Economic health is considered (______) when a country imports considerably more than it exports.2 out of 2 points2 out of 2 points 2 out of 2 points 2 out of 2 points 2 out of 2 points 2 out of 2 points
Question 9foreign investor has vested in his or her foreign portfolio, potentially prompting the Which 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 11 Embargoes are de±ned as the prohibition of commerce and trade with a certainnation.Question 12 The 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 13 The international market removes the boundaries of local market territories, thereby Question 14 Signi±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 points 2 out of 2 points 2 out of 2 points 2 out of 2 points 2 out of 2 points 2 out of 2 points
Question 15 The Information Age was characterized by a marked surge in manufacturing techniques that included mass assembly, electricity, and new forms of propulsion.

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