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Chapter 1 Introduction




Question;1. A(n) _____ is defined as an individual;whose interests may be affected as the result of what another individual or;organization does.;intrapreneur;entrepreneur;stakeholder;strategist;importer;2. Global business professionals conduct;stakeholder analysis in order to understand the;financial implications of conducting;business in foreign countries.;strategies required to overcome;political and legal barriers in business.;human capital skills required to face;the challenges of a fast changing market.;d.;impact;of operations in different countries on the overall corporate strategy.;nature of the competition operating in;the globalized market.;3. Business profit is typically gauged in;financial terms.;social terms.;moral terms.;political terms.;human terms.;4. The desire of an organization to be a;responsible company which is working hard to help those who buy its products to;make more responsible choices constitutes the;economic mission of the organization.;product mission of the organization.;social mission of the organization.;environmental mission of the;organization.;political mission of the organization.;5. The aim of an organization to make;distribute, and sell the finest quality products with a continued commitment to;promoting business practices that respect the Earth and the environment would;constitute the _____ of the organization.;political mission;social mission;product mission;environmental mission;economic mission;6. A(n) _____ is defined as somebody who sells;products and services that are sourced from other countries.;intrapreneur;entrepreneur;exporter;importer;stakeholder;7. A(n) _____ is defined as somebody who sells;products and services in foreign countries that are sourced from its home;country.;entrepreneur;importer;stakeholder;exporter;intrapreneur;8. Foreign direct investment means that a firm;is;investing assets into a foreign;country?s share market.;b.;investing;assets directly into a foreign country?s organizations.;loaning out interest free sums to a;foreign country for infrastructural development.;investing government funds to;accelerate urban development of a foreign country.;allowing its foreign competitors to;make use of its infrastructural facilities.


Paper#55167 | Written in 18-Jul-2015

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