BUAD 2080 QUIZ 1 TEST QUESTIONS
AND ANSWERS
________ markets are characterized by the rural population migrating to cities
for better pay and thus, overloading cities' infrastructures. - ANSWER
Emerging
Most companies today operate in an environment of increased transparency and
scrutiny regarding their business activities. This is due to ________ -
ANSWER The rise of Social Media
Donna Bader, Globalization opponentDonna Bader spent her final year at
college studying the effect of various economic factors on the economy of
developing nations. Based on the results of her study, she concluded that
globalization does these countries more harm than good.Her argument is
vulnerable to criticism because it fails to ________. - ANSWER show that
political and cultural factors have been taken into account
Each ________ is composed of unique cultural, political, legal, and economic
characteristics that define business activity within that nation's borders. -
ANSWER National Business Environment
Opponents argue that globalization ________. - ANSWER eliminates
manufacturing jobs in developed nations
Two major forces that underlie the expansion of globalization are falling
barriers to trade and investment, and ________. - ANSWER Technological
Innovation
________ is defined as the dispersal of production activities to locations that
help a company achieve its cost-minimization or quality-maximization
objectives for a good or service. - ANSWER Globalization of Products
Which of the following refers to the use of computer networks to purchase, sell,
or exchange products; service customers; and collaborate with partners? -
ANSWER e-commerce
AND ANSWERS
________ markets are characterized by the rural population migrating to cities
for better pay and thus, overloading cities' infrastructures. - ANSWER
Emerging
Most companies today operate in an environment of increased transparency and
scrutiny regarding their business activities. This is due to ________ -
ANSWER The rise of Social Media
Donna Bader, Globalization opponentDonna Bader spent her final year at
college studying the effect of various economic factors on the economy of
developing nations. Based on the results of her study, she concluded that
globalization does these countries more harm than good.Her argument is
vulnerable to criticism because it fails to ________. - ANSWER show that
political and cultural factors have been taken into account
Each ________ is composed of unique cultural, political, legal, and economic
characteristics that define business activity within that nation's borders. -
ANSWER National Business Environment
Opponents argue that globalization ________. - ANSWER eliminates
manufacturing jobs in developed nations
Two major forces that underlie the expansion of globalization are falling
barriers to trade and investment, and ________. - ANSWER Technological
Innovation
________ is defined as the dispersal of production activities to locations that
help a company achieve its cost-minimization or quality-maximization
objectives for a good or service. - ANSWER Globalization of Products
Which of the following refers to the use of computer networks to purchase, sell,
or exchange products; service customers; and collaborate with partners? -
ANSWER e-commerce
