D270 Exam 1

D270 Exam 1

__________ is a country's freedom to "act locally" and without externally imposed
restrictions? - correct answers--Sovereignty

___________ are construction projects performed under contract and transferred to owne
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rs when they're operational. - correct answers--Turnkey operations
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A common cultural dimension highlighting that people move quickly to do business and to
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having a sense that "time is money" is called - correct answers--Report Talk
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A great advantage for people from the USA and the UK is that much of the business world s
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peaks English. However, speaking English can still lead to problems in business because
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of all of the following discussed EXCEPT - correct answers--
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Translators are very expensive and hard to find 2 2 2 2 2 2 2




A mode of business in which one party allows another to use its trademark as an essential
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asset of the franchisee's business is known as which of the following? - correct answers--
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Franchising

A nation's freedom to "act locally" and without externally imposed restrictions is known as
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which of the following? - correct answers--Sovereignty
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A strategy analyst is tasked with evaluating a company's potential risk in a developing coun
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try. Specifically, she is examining the risk that a government or political faction will seize th
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e company's local assets. This is an example of what type of political risk? -
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2correct answers--Expropriation or nationalization
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A student is conducting research on a country and finds that this country has limited politic
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al rights and civil liberties, and is characterized by a high level of political corruption, violen
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ce, and terrorism and the dominance of one party. There are elections, but these are unfair
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. According to the Freedom House index, this is an example of a ________. -
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2correct answers--Partly free country
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A United States company owns a Liverpool football club in the United Kingdom. British law
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determines how the club is taxed. This is an example of which of the following factors that i
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nfluence international business? - correct answers--Legal
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According to lecture discussion, MNCs are oftentimes criticized for going international. A r
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elentless force pushing them to go international was emphasized as - correct answers--
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Growing consumer demand for foreign products2 2 2 2 2