BUS 475 QUIZ WEEK 4 QUESTIONS AND ANSWERS
| FULLY SOLVED
Status Completed
Attempt 90 out of 90 points
Score
Time 1 hour, 3 minutes out of 2 hours
Elapsed
Instructio This quiz consist of 30 multiple choice questions. The first 15
ns
questions cover the material in Chapter 6. The second 15
questions cover the material in Chapter 7. Be sure you are in the
correct Chapter when you take the quiz.
Results Submitted Answers, Correct Answers, Feedback
Displayed
• Question 1
3 out of 3 points
The three strategies of globalization can be summarized using what three
words?
Selected
Answer: Sell, make, and
buy.
Correct
Answer:
Sell, make, and
buy.
• Question 2
3 out of 3 points
A firm that has global operations has:
Selected
Answer:
Some or all of their manufacturing or service
operations abroad.
Correct
Answer: Some or all of their manufacturing or service
operations abroad.
• Question 3
3 out of 3 points
An example of a Global Action Network, or GAN, is:
Selected
Answer: The Kimberley
Process.
Correct
Answer:
The Kimberley
Process.
• Question 4
3 out of 3 points
What U.S. company is the best example of using globalization to reduce
, the price of its products?
Selected
Answer: Walma
rt.
Correct
Answer: Walma
rt.
• Question 5
3 out of 3 points
The term “race to the bottom” refers to:
Selected
Answer: Moving production jobs to the country with the
lowest labor cost.
Correct
Answer:
Moving production jobs to the country with the
lowest labor cost.
• Question 6
3 out of 3 points
Technological innovation has aided the spread of globalization by:
Selected
Answer:
Leveling the playing field and allowing all to participate on an
equal footing in global commerce.
Correct
Answer: Leveling the playing field and allowing all to participate on an
equal footing in global commerce.
• Question 7
3 out of 3 points
A society where economic power is concentrated in the hands of
government officials and political authorities is called:
Selected
Answer: A central state control
system.
Correct
Answer:
A central state control
system.
• Question 8
3 out of 3 points
The loan policies of the World Bank:
Selected
Answer:
Impose strict restrictions on debtor countries which can
| FULLY SOLVED
Status Completed
Attempt 90 out of 90 points
Score
Time 1 hour, 3 minutes out of 2 hours
Elapsed
Instructio This quiz consist of 30 multiple choice questions. The first 15
ns
questions cover the material in Chapter 6. The second 15
questions cover the material in Chapter 7. Be sure you are in the
correct Chapter when you take the quiz.
Results Submitted Answers, Correct Answers, Feedback
Displayed
• Question 1
3 out of 3 points
The three strategies of globalization can be summarized using what three
words?
Selected
Answer: Sell, make, and
buy.
Correct
Answer:
Sell, make, and
buy.
• Question 2
3 out of 3 points
A firm that has global operations has:
Selected
Answer:
Some or all of their manufacturing or service
operations abroad.
Correct
Answer: Some or all of their manufacturing or service
operations abroad.
• Question 3
3 out of 3 points
An example of a Global Action Network, or GAN, is:
Selected
Answer: The Kimberley
Process.
Correct
Answer:
The Kimberley
Process.
• Question 4
3 out of 3 points
What U.S. company is the best example of using globalization to reduce
, the price of its products?
Selected
Answer: Walma
rt.
Correct
Answer: Walma
rt.
• Question 5
3 out of 3 points
The term “race to the bottom” refers to:
Selected
Answer: Moving production jobs to the country with the
lowest labor cost.
Correct
Answer:
Moving production jobs to the country with the
lowest labor cost.
• Question 6
3 out of 3 points
Technological innovation has aided the spread of globalization by:
Selected
Answer:
Leveling the playing field and allowing all to participate on an
equal footing in global commerce.
Correct
Answer: Leveling the playing field and allowing all to participate on an
equal footing in global commerce.
• Question 7
3 out of 3 points
A society where economic power is concentrated in the hands of
government officials and political authorities is called:
Selected
Answer: A central state control
system.
Correct
Answer:
A central state control
system.
• Question 8
3 out of 3 points
The loan policies of the World Bank:
Selected
Answer:
Impose strict restrictions on debtor countries which can
