53) The free movement of capital around the world is also known as ________.A) bond-based debt financingB) contagionC) the globalization of capitalD) common market arrangementAnswer: CDifficulty: EasySkill: ConceptObjective: 2-3AACSB: Dynamics of the global economydownload instant at
download instant at 54) ________ refers to the sequence of value-adding activities performed by the firm in the course of developing, producing, marketing, and servicing a product.ADifficulty: EasySkill: ConceptObjective: 2-3AACSB: Dynamics of the global economy55) Companies strive to drive down prices ________.BDifficulty: EasySkill: ConceptObjective: 2-3AACSB: Dynamics of the global economy56) Convergence of consumer preferences has led to an enhanced emphasis on standardization which implies that ________.CDifficulty: ModerateSkill: ConceptObjective: 2-3AACSB: Dynamics of the global economy57) Reduction in trade barriers is associated with the emergence of ________.A) fragmentary monetary and fiscal policies across the bordersB) regional economic integration blocsC) widespread violation of intellectual property rights lawD) violation of GATT provisionsAnswer: BDifficulty: EasySkill: ConceptObjective: 2-3AACSB: Dynamics of the global economyGlobal Operations Report (Scenario)download instant at
download instant at As Vice President of Global Expansion for Pax Telecom, Deva Mikiri is tasked with preparing a comprehensive report on the company's global operations over the past twenty years. Deva assigns three strategists to collaborate on the History portion of the report, which details the rationale behind Pax's decisions to expand operations in particular areas. Rashid Ahl focuses on early expansion to China, which occurred after China began to make its market more accessible to foreign companies. Markus Teller focuses on Pax's expansion to Eastern Europe, which was motivated by increased industry privatization in key countries. Lavonne Jackson focuses on expansion to Japan, which happened when the company's commercial bank expanded its service network to Asia.
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