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BUSI 1301 COMBINED SET EXAM QUESTIONS WITH CORRECT ANSWERS

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BUSI 1301 COMBINED SET EXAM QUESTIONS WITH CORRECT ANSWERS

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BUSI 1301 COMBINED SET EXAM
QUESTIONS WITH CORRECT
ANSWERS

Which of the following is NOT a major driver of internationalization? - Answer- cultural
drivers

Which of the following statements are true regarding a transnational corporation?
(check all that apply) - Answer- It operates under a decision making system that allows
coherent policies.

It operates under a decision making system that allows a common strategy.

It is composed of entities in more than one nation.

The trend toward the unification and socialization of the global community is considered
a ______ driver. - Answer- Political

Global communications networks that enable manufacturing workers to coordinate
production and design functions worldwide are an example of a(n) ______ - Answer-
technoligical

Which of the following statements are true regarding the international environment?
(Check all that apply) - Answer- It consists of interactions between the foreign
environmental forces of two countries.

It consists of the interactions between the domestic environmental forces and the
foreign environmental forces.

What term refers to direct investments in equipment, structures, and organizations in a
foreign country at a level sufficient to obtain significant management control? - Answer-
foreign direct investment

An accounting firm establishing foreign operations in markets in which their principal
accounts are located to prevent competitors from gaining access to this accounts is an
example of a _____ driver. - Answer- Market

What are the five major drivers of internationalization listed in the text? (Check all that
apply.) - Answer- market
cost
technological

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