BUSMHR 2000 EXAM 1 2025 QUESTIONS
AND ANSWERS
International business - ANS any business activity that involves the transfer of resources,
goods, services, knowledge, skills or info across national boundaries
country level dynamics - ANS currency, inflation, interest rates, accounting practices,
cultures, social customs, laws, political stability
company level dynamics - ANS communication, coordination, motivation, difference in
organizational principles and management philosophies
multinational enterprise - ANS owns business operations in more than one country
subsidiary - ANS a branch of MNE operating in a foreign country
home country - ANS country in which the MNE is headquartered
host country - ANS foreign country with which the MNE is doing business
globalization - ANS the process or shift toward increasing interdependence and integration
of national economies
globalization of production - ANS produce different parts of the product or service in
1
different countries
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@COPYRIGHT FYNDLAY 2025/2026
, globalization of markets - ANS sell the product or service in many countries
world trade organization - ANS organization that has helped establish freer trade between
member nations
IMF and World Bank - ANS created to foster economic stability
united nations - ANS created as a forum for political negotiations
the rise of global institutions
technological change
changing world order
multinational corporations - ANS list the factors that led to globalization
political economy - ANS the interdependence of political, economic, and legal systems
ownership risk - ANS political threats the ownership from nationalization or seizure
operational risk - ANS threats governments impose for "changing the rules of the game"
transfer risk - ANS impediments to the transfer of production factors, products or capital
collectivism - ANS concerned with the needs of the overall society or group, rather than
those of the individual
individualism - ANS guarantee individual freedom and expression
2
Page
@COPYRIGHT FYNDLAY 2025/2026
AND ANSWERS
International business - ANS any business activity that involves the transfer of resources,
goods, services, knowledge, skills or info across national boundaries
country level dynamics - ANS currency, inflation, interest rates, accounting practices,
cultures, social customs, laws, political stability
company level dynamics - ANS communication, coordination, motivation, difference in
organizational principles and management philosophies
multinational enterprise - ANS owns business operations in more than one country
subsidiary - ANS a branch of MNE operating in a foreign country
home country - ANS country in which the MNE is headquartered
host country - ANS foreign country with which the MNE is doing business
globalization - ANS the process or shift toward increasing interdependence and integration
of national economies
globalization of production - ANS produce different parts of the product or service in
1
different countries
Page
@COPYRIGHT FYNDLAY 2025/2026
, globalization of markets - ANS sell the product or service in many countries
world trade organization - ANS organization that has helped establish freer trade between
member nations
IMF and World Bank - ANS created to foster economic stability
united nations - ANS created as a forum for political negotiations
the rise of global institutions
technological change
changing world order
multinational corporations - ANS list the factors that led to globalization
political economy - ANS the interdependence of political, economic, and legal systems
ownership risk - ANS political threats the ownership from nationalization or seizure
operational risk - ANS threats governments impose for "changing the rules of the game"
transfer risk - ANS impediments to the transfer of production factors, products or capital
collectivism - ANS concerned with the needs of the overall society or group, rather than
those of the individual
individualism - ANS guarantee individual freedom and expression
2
Page
@COPYRIGHT FYNDLAY 2025/2026
