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Saint GBA440 quiz 1




Question;Grade Details - All Questions;Question 1. Question;are all goods and services sold abroad and sent out;of a country.;Student Answer: Global products;Exports;Global licenses;Imports;Points Received: 1 of 1;Comments;Question 2. Question;All goods and services purchased abroad and brought into a;country are called ________.;Student Answer: domestic products;exports;national products;imports;Points Received: 1 of 1;Comments;Question 3. Question;Any commercial transaction that crosses the borders of two;or more nations is known as ________.;Student Answer: an export;e-business;international business;an import;Points Received: 1 of 1;Comments;Question 4. Question;is defined as the dispersal of production;activities to locations that help a company achieve its cost-minimization or;quality-maximization objectives for a good or service.;Student Answer: Importing;Globalization of production;Global strategy development;Globalization of markets;Points Received: 1 of 1;Comments;Question 5. Question;Which of the following most likely represents the greatest;accomplishment of the 1994 revision of the GATT?;Student Answer;Creation of the World Trade Organization;Creation of regional trade agreements;Creation of the World Bank;Creation of the International Monetary Fund;Points Received: 1 of 1;Comments;Question 6. Question;The ________ enforces rules of international trade.;Student Answer;WTO;NAFTA;GATT;None of the above;Points Received: 1 of 1;Comments;Question 7. Question;The value of all goods and services produced by a country's;domestic and international activities over a one-year period is the country's;Student Answer: gross domestic;product (GDP).;trade balance.;gross national product (GNP).;production quotient.;Points Received: 1 of 1;Comments;Question 8. Question;The ________ is an agency created to provide financing for;national economic development efforts.;Student Answer: International;Monetary Fund;World Trade Organization;European Union;World Bank;Points Received: 1 of 1;Comments;Question 9. Question;Critics of globalization argue that globalization causes;environmental conditions to;Student Answer: increase;gradually.;remain at status quo levels.;decline slightly, then level off.;decline significantly.;Points Received: 1 of 1;Comments;Question 10. Question;Which of the following terms is defined as the set of;values, beliefs, rules, and institutions held by a specific group of people?;Student Answer: Customs;Rituals;Culture;Aesthetics;Points Received: 1 of 1;Comments;Question 11. Question;Which of the following is the best example of a case in;which ethnocentricity undermines an international business project?;Student Answer: International;investors avoid investing in an Indian company because they are unsure of;India's commitment to free markets.;Production falls at a U.S.-owned factory in;Japan because workers react negatively to American management techniques.;China relies on its natural resources and;inexpensive factory labor to promote its country's economic development.;Korean managers of a manufacturing company are;sent to East European plants to learn the work habits of local workers.;Points Received: 1 of 1;Comments;Question 12. Question;are positive or negative evaluations, feelings, or;tendencies that individuals harbor toward objects or concepts.;Student Answer: Customs;Attitudes;Manners;Values;Points Received: 1 of 1;Comments;Question 13. Question;Which of the following terms is used to refer to any element;that represents a culture's way of life, including gestures, material objects;traditions, and concepts?;Student Answer: Intangible;product;Tangible product;Aesthetic;Cultural trait;Points Received: 1 of 1;Comments;Question 14. Question;Which of the following terms is used to refer to habits or;ways of behaving in specific circumstances that are passed down through;generations?;Student Answer;Customs;Attitudes;Values;Manners;Points Received: 1 of 1;Comments;Question 15. Question;A ________ is a system of social stratification in which;personal ability and actions determine an individual's social status and;mobility.;Student Answer: genealogy system;moksha system;caste system;class system;Points Received: 1 of 1;Comments;Question 16. Question;According to Hofstede's framework, which of the following;describes the degree of inequality between people in different occupations?;Student Answer;Power distance;Uncertainty avoidance;Individualism;Collectivism;Points Received: 1 of 1;Comments;Question 17. Question;Which of the following believes that salvation comes from;faith in God and that hard work gives glory to God?;Student Answer: Hindus;Muslims;Buddhists;Protestants;Points Received: 1 of 1;Comments;Question 18. Question;Which of the following refers to the belief that every;aspect of people's lives must be controlled for a nation's political system to;be effective?;Student Answer;Totalitarianism;Capitalism;Anarchism;Pluralism;Points Received: 1 of 1;Comments;Question 19. Question;The belief that both private and public groups play;important roles in a nation's political activities is called ________.;Student Answer: totalitarianism;capitalism;anarchism;pluralism;Points Received: 1 of 1;Comments;Question 20. Question;Representative democracies strive to provide all of the;following except ________.;Student Answer: periodic;elections;politicized bureaucracies;freedom of expression;full civil and property rights;Points Received: 1 of 1;Comments;Question 21. Question;All of the following are methods used by companies to manage;political risk except ________.;Student Answer: political influence;information gathering;adaptation;expropriation;Points Received: 1 of 1;Comments;Question 22. Question;is the forced transfer of assets from a company to;the government with compensation.;Student Answer;Expropriation;Nationalization;Confiscation;Localization;Points Received: 1 of 1;Comments;Question 23. Question;Which of the following was initially a code governing moral;and ethical behavior that was later extended to govern commercial transactions?;Student Answer: Civil law;Hindu law;Common law;Islamic law;Points Received: 1 of 1;Comments;Question 24. Question;A ________ is a right granted to the inventor of a product;or process that excludes others from making, using, or selling the invention.;Student Answer;patent;trademark;civil right;copyright;Points Received: 1 of 1;Comments;Question 25. Question;Scenario: Susan Goes Global with Grape Fizz;Susan is the CEO of Grape Fizz, a global;drinks-manufacturing company. She wishes to set up production facilities in;other countries and has been advised to assess the political system of each;country before she does so.;Susan decides not to set up production facilities in Konesia;because its business laws are vague and are often interpreted according to the;convenience of the government. Bribery is a common feature in conducting;business deals there and a refusal to pay up is not an option. What kind of;government does Konesia have?;Student Answer: Democratic;Theocratic;Totalitarian;Pluralist;Points Received: 1 of 1;Comments


Paper#52518 | Written in 18-Jul-2015

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