MNE Classification Criteria Exam Questions and Answers Rated 100%
Multinational Enterprise (MNE) - Answers A company with productive activities in two or more
countries.
Globalization - Answers Shift toward a more integrated and interdependent world economy.
World Trade Growth - Answers Value of international trade in goods growing faster than world GDP.
Consumer Goods Market Globalization - Answers National differences in tastes hinder globalization in
consumer markets.
Uruguay Round of GATT - Answers Negotiations reducing trade barriers and enhancing IP protection.
Command Economy - Answers Economic system where government controls prices, output, and
prohibits private enterprises.
Property Rights - Answers Legal structure protecting ownership of assets; lacking in ex-communist
countries.
Spread of Democracy - Answers Caused by totalitarian regime failures, tech advancements, and
emerging middle class demands.
Modernization Retreat - Answers Non-Western societies modernize but may revert to traditional values,
like Islam resurgence.
Purchasing Power Parity (PPP) - Answers Adjustment to GNI accounting for cost of living differences for
international comparisons.
Hofstede's Dimensions - Answers Proposed cultural dimension addition: indulgence versus restraint in
societal behaviors.
World Values Survey (WVS) - Answers Research project on global values, norms, democracy, gender
equality, and societal impacts.
Caste Mobility in Hinduism - Answers Historically, mobility between castes signifies spiritual progression
and reincarnation in Hinduism.
Hinduism - Answers Historically supported India's caste system with reincarnation beliefs.
Caste Mobility - Answers Achieved through spiritual progression and reincarnation in Hinduism.
Hofstede's Masculinity vs. Femininity - Answers Examines gender roles in cultures; distinguishes
masculine and feminine values.
Confucian Ethics - Answers Values like loyalty, reciprocal obligations, and honesty influence business.
Sustainability - Answers Ensures actions benefit future generations and stakeholders economically.
Multinational Enterprise (MNE) - Answers A company with productive activities in two or more
countries.
Globalization - Answers Shift toward a more integrated and interdependent world economy.
World Trade Growth - Answers Value of international trade in goods growing faster than world GDP.
Consumer Goods Market Globalization - Answers National differences in tastes hinder globalization in
consumer markets.
Uruguay Round of GATT - Answers Negotiations reducing trade barriers and enhancing IP protection.
Command Economy - Answers Economic system where government controls prices, output, and
prohibits private enterprises.
Property Rights - Answers Legal structure protecting ownership of assets; lacking in ex-communist
countries.
Spread of Democracy - Answers Caused by totalitarian regime failures, tech advancements, and
emerging middle class demands.
Modernization Retreat - Answers Non-Western societies modernize but may revert to traditional values,
like Islam resurgence.
Purchasing Power Parity (PPP) - Answers Adjustment to GNI accounting for cost of living differences for
international comparisons.
Hofstede's Dimensions - Answers Proposed cultural dimension addition: indulgence versus restraint in
societal behaviors.
World Values Survey (WVS) - Answers Research project on global values, norms, democracy, gender
equality, and societal impacts.
Caste Mobility in Hinduism - Answers Historically, mobility between castes signifies spiritual progression
and reincarnation in Hinduism.
Hinduism - Answers Historically supported India's caste system with reincarnation beliefs.
Caste Mobility - Answers Achieved through spiritual progression and reincarnation in Hinduism.
Hofstede's Masculinity vs. Femininity - Answers Examines gender roles in cultures; distinguishes
masculine and feminine values.
Confucian Ethics - Answers Values like loyalty, reciprocal obligations, and honesty influence business.
Sustainability - Answers Ensures actions benefit future generations and stakeholders economically.
