BA174 Quiz QuestionsCH 1-8CH 1CH 2CH 3Addl Ch 3CH 1- Show
Get answer to your question and much more What is international business?- Which one of the following can best describe born global firms? Get answer to your question and much more - When IBM USA sources computer materials from Get answer to your question and much more different locations around the world to reduce the cost of production, this is called________.- Which one of following options helps Get answer to your question and much more companies reduce costs when they sell consumer goods globally?- Which one Get answer to your question and much more of these factors is a key driving force for globalization of market and production?Lacked the power to enforce world trade rules -GATT _______________, which ledto the creation of the WTO?It eliminates jobs and lowers wages in developed nations.- Which one of thefollowing is the main issue raised by critics of globalization? Get answer to your question and much more Which one of the following is claimed by supporters of globalization? Get answer to your question and much more an increase in the wage gap between white-collar and blue-collar occupations inrich nations- Opponents of globalization argue that freer trade and companies'continuous tendency to reduce costs has led companies to move into lower wage costlocations. This has resulted in ________. Get answer to your question and much more National Sovereignty- A nation's ability to enter into binding international agreementsis referred to as having ________. Get answer to your question and much more Get answer to your question and much more Opposition groups allege that globalization empowers organizations erodes the_____The opponents of globalization argue that freer trade and investment allows international companiesto ________. Get answer to your question and much more A company that adopts a global perspective and engages in international business from or near itsinception is known as a(n) ____________. Get answer to your question and much more A firm that produces a produce a product with universal but seasonal appeal and is trying to level itsincome stream and reduce or eliminate wide variations in domestic sales can supplement its domesticsales with_________________________________________________________ QUIZ 1. GLOBALIZATION 1.Some of the critics of globalization argue that the relentless pursuit of low-cost goods has led to - foster trade and boost cross-border investment 2.The opponents of globalization argue that freer trade and investment allows international companies to - close factories in high-wage-area developed nations and move them to low- wage developing countries 3.Some of the critics of globalization argue that the relentless pursuit of low-cost goods has led to - sending manufacturing jobs abroad 4.The power of the WTO that sets it apart from the GATT is its capability to – penalize offending nations and the power to settle trade disputes 5.two main forces that underlie the globalization of markets and production - Falling barriers to trade and investment and technological innovation 6.Why do companies typically produce goods and services abroad? - To internationalize their operation 7.The convergence in buyer preferences in countries around the world is referred to as - globalization of markets 8.Companies that sell global products can standardize certain market activities in order to - reduce marketing costs 9.The ____________ is an agency that was created to regulate fixed exchange rates and to enforce the rules of the international monetary system - International Monetary Fund 10.Why do most international firms today support reasonable environmental laws? - They recognize that healthy future markets require a sustainable approach to the business expansion for future local markets for their goods and services. 11. Globalization supporters argue that globalization increases wealth and efficiency in both developed and underdeveloped nations because of - openness to international trade increases national production 12. The globalization impact on the gap between rich and poor nations varies. One group of nations, such as China and India, is closing the gap with rich economies while a second group of poor countries is falling further behind, such as most countries in Africa. On closer inspection this is due to which one of the following? - The level of embracing globalization by developing countries 13.Multinational corporations are key players in international business and can be described as companies that - have direct investments in the form of marketing or manufacturing subsidiaries abroad in multiple countries 14.Which of the following is a major flaw of the original GATT? - It lacked the power to enforce trade rules. 15.Opposition groups allege that globalization empowers organizations erodes the - sovereignty of a nation 16.The revision in 1994 of the GATT clearly defined intellectual property rights in order to - give more protection to copyrights, trademarks, and patents 17.Operating across borders and time zones could complicate the job of coordinating and controlling international business activities especially for smaller firms. To operate more efficiently, international companies tend to - accelerate the use of technology, email, video conferencing, the Internet, and intranets. 18.Globalization of markets can benefit companies that sell a global product and creates new market opportunities abroad especially if their home market - is small or becoming saturated 19.Which one of the following best describes the sourcing of key production inputs, such as raw materials or products, for assembly as well as the international outsourcing of services - Globalization of production 20.A firm that produces a product with universal but seasonal appeal and is trying to level its income stream and reduce or eliminate wide variations in domestic sales can supplement its domestic sales with - international sales 21.A firm is less likely to offer a standardized product globally when - the benefit of serving the customers with an adapted product may outweigh the benefit of a standardized product 22.Japan's largest paper company, Nippon Seishi, has decided to own huge forests and corresponding processing facilities in Australia, Canada, and the U.S. so it can - guarantee a steady flow of its wood pulp What is an argument presented by opponents of globalization?Many think there is a threat of corporations ruling the world because they are gaining power due to globalization. 4. Opponents say globalization makes it easier for rich companies to act with less accountability. They also claim that countries' individual cultures are becoming overpowered by Americanization.
Which of the following are examples of globalization quizlet?Economic. McDonalds opening up restaurants in India.. Social. teaching English to people in China over Face time.. Political. Trance Pacific Partnership.. Environmental. Countries coming together to make decision about climate change.. Technological. Apple selling million of their iPhone 7s around the world.. What is a company that adopts a global perspective and engages in international business from or near its inception known as?A born global firm is identified as a 'Global start-up'.
Which one of the following is the main issue raised by critics of globalization?Which of the following is the main issue raised by critics of globalization? It eliminates jobs and lowers wages in developed nations.
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Opposition groups allege that globalization empowers organizations erodes the ________.
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