Busa 3000 2024/2025 Exam Questions
with Detailed Verified Answers (100%
Correct Answers) | Already Graded A+
Which of the following statements is true about the firm-level consequences
of market globalization?
A) The globalization of markets has narrowed down new business
opportunities for internationalizing firms.
B) Globalization drives firms to relocate key value-adding activities to the
most advantageous locations around the world.
C) A firm's value chain is not subject to internationalization.
D) Through offshoring, a firm relocates a major value-chain activity by
establishing a factory or subsidiary in the home market. - 🧠ANSWER ✔✔B
Which of the following, if true, would most strongly support the claim that
national prosperity is increased by participation in international business?
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,A) Countries that participate in international trade have higher GDPs than
non-participating countries.
B) Individuals in advanced economies tend to set purchasing trends for
consumers worldwide.
C) For most countries, levels of international trade have increased
significantly in recent decades.
D) National literacy levels are strongly correlated with a country's degree of
political freedom. - 🧠ANSWER ✔✔A
_______ are moral principles and values that govern the behavior of
people, firms, and governments, regarding right and wrong. - 🧠ANSWER
✔✔C) Ethics
In terms of international business, market globalization can be viewed as a
________.
A) consequence of a strong emphasis on traditional values worldwide
B) consequence of the loss of national sovereignty
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,C) driver and consequence of firm-level internationalization
D) prime cause of rising diseconomies of scale in emerging economies -
🧠ANSWER ✔✔C
Each of the following has contributed to the rapid growth of trade among
nations EXCEPT _____.
A. the increase in trade barriers
B. The growth of emerging market countries
C. Advances in information technology
D. The liberalization of markets - 🧠ANSWER ✔✔A
Jordan is employed in an American investment firm and is currently
working with some Japanese clients on a new project. He uses a lot of
hand gestures during meetings which his clients find very distracting and
rude. This has also led to many misunderstandings between Jordan and
his Japanese clients in the recent past. Which of the following best
describes such a situation?
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
, A) risk aversion
B) organizational anarchy
C) cross-cultural risk
D) acculturation
C) cross-cultural risk - 🧠ANSWER ✔✔C
In his International Product Life Cycle (IPLC) Theory, Raymond Vernon
observed that each product and its manufacturing technologies go through
three stages of evolution: introduction, maturity, and _______.
A. decline
B. standardization
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 4
STATEMENT. ALL RIGHTS RESERVED
with Detailed Verified Answers (100%
Correct Answers) | Already Graded A+
Which of the following statements is true about the firm-level consequences
of market globalization?
A) The globalization of markets has narrowed down new business
opportunities for internationalizing firms.
B) Globalization drives firms to relocate key value-adding activities to the
most advantageous locations around the world.
C) A firm's value chain is not subject to internationalization.
D) Through offshoring, a firm relocates a major value-chain activity by
establishing a factory or subsidiary in the home market. - 🧠ANSWER ✔✔B
Which of the following, if true, would most strongly support the claim that
national prosperity is increased by participation in international business?
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,A) Countries that participate in international trade have higher GDPs than
non-participating countries.
B) Individuals in advanced economies tend to set purchasing trends for
consumers worldwide.
C) For most countries, levels of international trade have increased
significantly in recent decades.
D) National literacy levels are strongly correlated with a country's degree of
political freedom. - 🧠ANSWER ✔✔A
_______ are moral principles and values that govern the behavior of
people, firms, and governments, regarding right and wrong. - 🧠ANSWER
✔✔C) Ethics
In terms of international business, market globalization can be viewed as a
________.
A) consequence of a strong emphasis on traditional values worldwide
B) consequence of the loss of national sovereignty
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
,C) driver and consequence of firm-level internationalization
D) prime cause of rising diseconomies of scale in emerging economies -
🧠ANSWER ✔✔C
Each of the following has contributed to the rapid growth of trade among
nations EXCEPT _____.
A. the increase in trade barriers
B. The growth of emerging market countries
C. Advances in information technology
D. The liberalization of markets - 🧠ANSWER ✔✔A
Jordan is employed in an American investment firm and is currently
working with some Japanese clients on a new project. He uses a lot of
hand gestures during meetings which his clients find very distracting and
rude. This has also led to many misunderstandings between Jordan and
his Japanese clients in the recent past. Which of the following best
describes such a situation?
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
, A) risk aversion
B) organizational anarchy
C) cross-cultural risk
D) acculturation
C) cross-cultural risk - 🧠ANSWER ✔✔C
In his International Product Life Cycle (IPLC) Theory, Raymond Vernon
observed that each product and its manufacturing technologies go through
three stages of evolution: introduction, maturity, and _______.
A. decline
B. standardization
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 4
STATEMENT. ALL RIGHTS RESERVED
