International Business – Structured Multiple-
Choice Study Questions
International Business Foundations, Globalization, Ownership Structures, and
the Major Reasons Companies Expand Across National Borders
1. Globalization
A. where time is seen as cyclical , punctuality is unimportant and interruptions
are acceptable - ITALY
B. Broadening set of interdependent relationships among people from
different parts of the world divided into...
C. Direct Investments joint ventures- new activity started by 2 or more partners
Portfolio Investments stocks
D. learned set of norms based on attitudes, values, and beliefs of a group of
people * International business...
Correct Answer: Broadening set of interdependent relationships among
people from different parts of the world divided into nations.
[interdependent relationship between different countries]
2. International Business
A. Relationship between superiors and subordinates
B. President = Mattarella [unlimited 7 year terms] Prime Minister = Renzi
[unlimited 5 year terms]
C. All commercial transactions between two or more countries. Only exists
when funds move across boarders. I...
D. It is important for companies to unlearns and be sensitive to constantly
changing environments.
Correct Answer: All commercial transactions between two or more
countries. Only exists when funds move across boarders. I bought my plane
ticket to Italy from American Airlines- this was NOT...
3. Two Types of International Business and Differences Between them
A. Individuals Status with the culture Ascribed Group Membership Acquired
Group Membership United States "Values"
B. Sees many counties as the center and conducts business in the way of the local
people
, C. 1) Freedom of the Press 2) Equality for all individuals 3) Social Freedoms 4)
Freedom from government...
D. Public = has shareholders Private = does not have shareholders
Correct Answer: Public = has shareholders Private = does not have
shareholders
4. In what ways does international business influence domestic operations?
A. Physical Societal Competitive banks- amount of public companies are
changing Fiat- biggest Italian car...
B. People are expected to do one thing at a time, and they will not tolerate
lateness or interruptions. - UNITED...
C. Freedom of: 1) opinion 2) press 3) expression 4)organization Elections
Limited Terms for Elected Officials ....
D. Italian Holiday Representing the end of WWII
Correct Answer: Physical Societal Competitive banks- amount of public
companies are changing Fiat- biggest Italian car producer 10% owned by
son 10% US stock and 80% Italy Why engage in...
5. Why is it important to study?
A. Uncodified Traditional / Precedent U.S. and U.K. US has a lot of very big
contracts but Italy does not
B. Expand sales Acquire Resources Minimize Risk Important to study
because = today global events affect almost...
C. When many people organise the government. Integration of the parts of
society into a viable functioning unit.
D. Garibaldi = general Cavour = Prime Minister King Victor Emanuel II = King
Mussolini = Former Dictator
Correct Answer: Expand sales Acquire Resources Minimize Risk Important
to study because = today global events affect almost all companies
everywhere.
6. Reasons for Growth in International Business/Globalization
A. only one member of parliament is to be elected per constituency. believing in
decision by a majority.
B. Physical land, labor, materials we have. Countries with more of these tend to
be more prosperous.
, C. 1) Technology- increase and expansion 2) Transportation- quicker and
lower costs 3) Increased Global...
D. 1) Fair and Competitive Elections 2) Ability to vote for a representative with
real power 3) Ability to...
Correct Answer: 1) Technology- increase and expansion 2) Transportation-
quicker and lower costs 3) Increased Global Competition 4)
Communication- control from afar 5) Consumer Pressure 6)...
Cultural Environments, Cultural Awareness, Social Stratification,
Communication Styles, and International Business Management Across
Different Countries
7. Modes of International Business
A. 1) threats to national sovereignty 2) promotes growth that causes
environmental stress 3) increase income...
B. Physiological, Security, Affiliation, Esteem, Self-Actualization. Once you
achieve one level you are no...
C. When many people organise the government. Integration of the parts of
society into a viable functioning unit.
D. Importing & Exporting = merchandise is most common but services are
also traded. merch: Italy exports wine,...
Correct Answer: Importing & Exporting = merchandise is most common
but services are also traded. merch: Italy exports wine, the physical
finished product, to the US. service: tourism and...
8. Two Types of Investments
A. Direct Investments joint ventures- new activity started by 2 or more
partners Portfolio Investments stocks
B. Ascribed = status you cannot change Acquired = can change status
C. Not as immediate to the point I call to get a price on new tires for my car but
end up chatting to the sales...
D. 1) Fair and Competitive Elections 2) Ability to vote for a representative with
real power 3) Ability to...
Correct Answer: Direct Investments joint ventures- new activity started by
2 or more partners Portfolio Investments stocks
9. Example of a French export would be a visit by a
A. WWI = between allies and central powers WWII =Axis Powers Allie Powers
Choice Study Questions
International Business Foundations, Globalization, Ownership Structures, and
the Major Reasons Companies Expand Across National Borders
1. Globalization
A. where time is seen as cyclical , punctuality is unimportant and interruptions
are acceptable - ITALY
B. Broadening set of interdependent relationships among people from
different parts of the world divided into...
C. Direct Investments joint ventures- new activity started by 2 or more partners
Portfolio Investments stocks
D. learned set of norms based on attitudes, values, and beliefs of a group of
people * International business...
Correct Answer: Broadening set of interdependent relationships among
people from different parts of the world divided into nations.
[interdependent relationship between different countries]
2. International Business
A. Relationship between superiors and subordinates
B. President = Mattarella [unlimited 7 year terms] Prime Minister = Renzi
[unlimited 5 year terms]
C. All commercial transactions between two or more countries. Only exists
when funds move across boarders. I...
D. It is important for companies to unlearns and be sensitive to constantly
changing environments.
Correct Answer: All commercial transactions between two or more
countries. Only exists when funds move across boarders. I bought my plane
ticket to Italy from American Airlines- this was NOT...
3. Two Types of International Business and Differences Between them
A. Individuals Status with the culture Ascribed Group Membership Acquired
Group Membership United States "Values"
B. Sees many counties as the center and conducts business in the way of the local
people
, C. 1) Freedom of the Press 2) Equality for all individuals 3) Social Freedoms 4)
Freedom from government...
D. Public = has shareholders Private = does not have shareholders
Correct Answer: Public = has shareholders Private = does not have
shareholders
4. In what ways does international business influence domestic operations?
A. Physical Societal Competitive banks- amount of public companies are
changing Fiat- biggest Italian car...
B. People are expected to do one thing at a time, and they will not tolerate
lateness or interruptions. - UNITED...
C. Freedom of: 1) opinion 2) press 3) expression 4)organization Elections
Limited Terms for Elected Officials ....
D. Italian Holiday Representing the end of WWII
Correct Answer: Physical Societal Competitive banks- amount of public
companies are changing Fiat- biggest Italian car producer 10% owned by
son 10% US stock and 80% Italy Why engage in...
5. Why is it important to study?
A. Uncodified Traditional / Precedent U.S. and U.K. US has a lot of very big
contracts but Italy does not
B. Expand sales Acquire Resources Minimize Risk Important to study
because = today global events affect almost...
C. When many people organise the government. Integration of the parts of
society into a viable functioning unit.
D. Garibaldi = general Cavour = Prime Minister King Victor Emanuel II = King
Mussolini = Former Dictator
Correct Answer: Expand sales Acquire Resources Minimize Risk Important
to study because = today global events affect almost all companies
everywhere.
6. Reasons for Growth in International Business/Globalization
A. only one member of parliament is to be elected per constituency. believing in
decision by a majority.
B. Physical land, labor, materials we have. Countries with more of these tend to
be more prosperous.
, C. 1) Technology- increase and expansion 2) Transportation- quicker and
lower costs 3) Increased Global...
D. 1) Fair and Competitive Elections 2) Ability to vote for a representative with
real power 3) Ability to...
Correct Answer: 1) Technology- increase and expansion 2) Transportation-
quicker and lower costs 3) Increased Global Competition 4)
Communication- control from afar 5) Consumer Pressure 6)...
Cultural Environments, Cultural Awareness, Social Stratification,
Communication Styles, and International Business Management Across
Different Countries
7. Modes of International Business
A. 1) threats to national sovereignty 2) promotes growth that causes
environmental stress 3) increase income...
B. Physiological, Security, Affiliation, Esteem, Self-Actualization. Once you
achieve one level you are no...
C. When many people organise the government. Integration of the parts of
society into a viable functioning unit.
D. Importing & Exporting = merchandise is most common but services are
also traded. merch: Italy exports wine,...
Correct Answer: Importing & Exporting = merchandise is most common
but services are also traded. merch: Italy exports wine, the physical
finished product, to the US. service: tourism and...
8. Two Types of Investments
A. Direct Investments joint ventures- new activity started by 2 or more
partners Portfolio Investments stocks
B. Ascribed = status you cannot change Acquired = can change status
C. Not as immediate to the point I call to get a price on new tires for my car but
end up chatting to the sales...
D. 1) Fair and Competitive Elections 2) Ability to vote for a representative with
real power 3) Ability to...
Correct Answer: Direct Investments joint ventures- new activity started by
2 or more partners Portfolio Investments stocks
9. Example of a French export would be a visit by a
A. WWI = between allies and central powers WWII =Axis Powers Allie Powers
