INTB Module 1 Exam #1 Questions with correct answers
The international environment is composed of all the uncontrollable forces that
surround and influence the firm's life and development. - ✔✔False
Multinational firms first appeared after World War I, and the level of
intracompany trade of multinationals in 1930, as a percentage of overall world
trade, was nearly half the level achieved at the end of the 20th century. -
✔✔False
The United States has only about 10 percent of the world's population, so the vast
proportion of most companies' potential customers are located elsewhere. -
✔✔False
The forces in the international environment are the same as those in the domestic
environment except that they occur in foreign nations. - ✔✔False
There are five major kinds of drivers, all based on changes that are leading
international firms to the globalization of their operations. - ✔✔True
The expanding importance of foreign-owned firms in local economies has come to
be viewed by a number of governments as a threat to their autonomy. As a result,
in recent years there has been a marked increase in the number of government
policies and attitudes intended to limit and control foreign investment in both
developed and developing nations. - ✔✔False
China was the world's leading manufacturing country for about 1,800 years, until
it was replaced by the United States at the end of the 1800s. - ✔✔False
The international environment is composed of all the uncontrollable forces that
surround and influence the firm's life and development. - ✔✔False
Multinational firms first appeared after World War I, and the level of
intracompany trade of multinationals in 1930, as a percentage of overall world
trade, was nearly half the level achieved at the end of the 20th century. -
✔✔False
The United States has only about 10 percent of the world's population, so the vast
proportion of most companies' potential customers are located elsewhere. -
✔✔False
The forces in the international environment are the same as those in the domestic
environment except that they occur in foreign nations. - ✔✔False
There are five major kinds of drivers, all based on changes that are leading
international firms to the globalization of their operations. - ✔✔True
The expanding importance of foreign-owned firms in local economies has come to
be viewed by a number of governments as a threat to their autonomy. As a result,
in recent years there has been a marked increase in the number of government
policies and attitudes intended to limit and control foreign investment in both
developed and developing nations. - ✔✔False
China was the world's leading manufacturing country for about 1,800 years, until
it was replaced by the United States at the end of the 1800s. - ✔✔False
