D080 UNIT 4 TEST QUESTIONS &
VERIFIED CORRECT ANSWERS ALL
PASSED
An international company has employees with complementary skill sets work together
toward a mutual goal.
What is the organizational structure of this company? - Correct Answer Teams
Which departmentalization is based on the primary roles performed within an
organizational unit, such as marketing, finance, production, and sales? - Correct Answer
Functional
A business has decided to engage in foreign direct investment (FDI).
Which reason should influence the business to take this step? - Correct Answer To take
advantage of lower costs in the host country
A chief executive officer (CEO) wants to grow the company by investing in foreign
countries. The CEO is considering multiple entry strategies to accomplish this objective
but has concerns about growth in foreign markets, especially the costs, risks, and entry
time. The CEO would like to eliminate any entry strategies that take a long time, as well
as any that contain high cost and risk. Which strategy should this CEO eliminate? -
Correct Answer Greenfield venture
A company desires to scale its international business by taking over established
organizations in the intended markets.
Which strategy will allow this process to occur quickly? - Correct Answer Acquisition
Brazil is one of the world's lowest-cost producers of ethanol and soybeans. Japanese
corporations have heavily invested in Brazil to lease large tracts of land to grow
soybeans for export to Japan, where the soybeans are used to derive products such as
soy sauce and chicken feed.
Why do these Japanese companies invest in Brazil? - Correct Answer To minimize
factor input costs
How is global business marketing affected by cultural dimensions? - Correct Answer
Through consumer preferences
What is the strategic importance of ethnocentrism in international business? - Correct
Answer Places one's own culture as the most important cultural factor
VERIFIED CORRECT ANSWERS ALL
PASSED
An international company has employees with complementary skill sets work together
toward a mutual goal.
What is the organizational structure of this company? - Correct Answer Teams
Which departmentalization is based on the primary roles performed within an
organizational unit, such as marketing, finance, production, and sales? - Correct Answer
Functional
A business has decided to engage in foreign direct investment (FDI).
Which reason should influence the business to take this step? - Correct Answer To take
advantage of lower costs in the host country
A chief executive officer (CEO) wants to grow the company by investing in foreign
countries. The CEO is considering multiple entry strategies to accomplish this objective
but has concerns about growth in foreign markets, especially the costs, risks, and entry
time. The CEO would like to eliminate any entry strategies that take a long time, as well
as any that contain high cost and risk. Which strategy should this CEO eliminate? -
Correct Answer Greenfield venture
A company desires to scale its international business by taking over established
organizations in the intended markets.
Which strategy will allow this process to occur quickly? - Correct Answer Acquisition
Brazil is one of the world's lowest-cost producers of ethanol and soybeans. Japanese
corporations have heavily invested in Brazil to lease large tracts of land to grow
soybeans for export to Japan, where the soybeans are used to derive products such as
soy sauce and chicken feed.
Why do these Japanese companies invest in Brazil? - Correct Answer To minimize
factor input costs
How is global business marketing affected by cultural dimensions? - Correct Answer
Through consumer preferences
What is the strategic importance of ethnocentrism in international business? - Correct
Answer Places one's own culture as the most important cultural factor