A rationalized B craft C job D customized Answer A Skill Concept Objective 3

A rationalized b craft c job d customized answer a

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A) rationalizedB) craftC) jobD) customizedAnswer: ASkill: ConceptObjective: 3Difficulty: EasyCourse LO: Define the fundamental concepts of international business 51) Which of the following statements is true of rationalized production? CAACSB: Dynamics of the global economySkill: ConceptObjective: 3Difficulty: ModerateCourse LO: Explain the implications of foreign direct investment for both host and home country 52) Which of the following is the type of production illustrated in the automobile industry? BAACSB: Dynamics of the global economySkill: ConceptObjective: 3Difficulty: EasyCourse LO: Define the fundamental concepts of international business
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53) Which of the following countries would a watchmaker most prefer to manufacture its watches in, in order to capitalize on buyer perceptions of high quality? DAACSB: Analytic skillsSkill: ApplicationObjective: 3Difficulty: ModerateCourse LO: Define the fundamental concepts of international business 54) Firms engage in FDI when the firms they supply have already invested abroad. This practice of "following clients" is observed in industries having ________. A) a huge number of clientsB) only large companies as clientsC) suppliers who are geographically scattered around the worldD) suppliers who have close working relationships with producersAnswer: DAACSB: Dynamics of the global economySkill: ConceptObjective: 3Difficulty: EasyCourse LO: Explain the implications of foreign direct investment for both host and home country 55) Which of the following is true of a "follow the leader" scenario in the context of foreign direct investment? CAACSB: Dynamics of the global economySkill: ConceptObjective: 3Difficulty: ModerateCourse LO: Explain the implications of foreign direct investment for both host and home country
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56) A country's ________ is a national accounting system that records all monetary transactions to entities in other countries and all receipts coming into the nation.
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