BUSA 3000 Actual Final exam latest 2025 with Questions and Correct Verified Answers
Graded A+|100% PASS
Which of the following terms indicates potential loss or adverse effects on company
operations and profitability caused by developments in a country's political and/or legal
environments?
A. commercial risk
B. currency risk
C. cross-cultural risk
D. country risk -CORRECT ANSWER-D
An individual from a country with a low degree of political risk would most likely be from
_______.
A. Venezuela
,B. Canada
C. Zimbabwe
D. Iraq -CORRECT ANSWER-B
The three major types of current political systems are ______.
A. totalitarianism, socialism, and democracy
B. socialism, democracy, and monarchy
C. totalitarianism, liberalism, and fascism
D. democracy, republicanism, and oligarchy -CORRECT ANSWER-A
Religion-based totalitarian states are called ______.
A. theocratic
,B. secular
C. socialistic
D. atheistic -CORRECT ANSWER-A
A ______ government seeks to control not only all economic and political matters but also
the attitudes, values, and beliefs of the citizenry.
A. democratic
B. socialistic
C. mixed
D. totalitarian -CORRECT ANSWER-D
_____ fundamental tenet is that capital and wealth should be vested in the state and used
primarily as a means of production rather than for profit.
A. Socialism's
, B. Democracy's
C. Totalitarianism's
D. Theocracy's -CORRECT ANSWER-A
Which of the following is the underlying principle of socialism?
A. The welfare of individuals far outweighs the welfare of society.
B. Collective welfare of people outweighs the welfare of the individual.
C. Capital and wealth should be vested in the hands of few and used primarily as a means of
profit.
D. The state should protect itself from individual and group interests. -CORRECT ANSWER-B
Which form of government is characterized by private property rights and limited
government?
A. autocratic
B. democratic
Graded A+|100% PASS
Which of the following terms indicates potential loss or adverse effects on company
operations and profitability caused by developments in a country's political and/or legal
environments?
A. commercial risk
B. currency risk
C. cross-cultural risk
D. country risk -CORRECT ANSWER-D
An individual from a country with a low degree of political risk would most likely be from
_______.
A. Venezuela
,B. Canada
C. Zimbabwe
D. Iraq -CORRECT ANSWER-B
The three major types of current political systems are ______.
A. totalitarianism, socialism, and democracy
B. socialism, democracy, and monarchy
C. totalitarianism, liberalism, and fascism
D. democracy, republicanism, and oligarchy -CORRECT ANSWER-A
Religion-based totalitarian states are called ______.
A. theocratic
,B. secular
C. socialistic
D. atheistic -CORRECT ANSWER-A
A ______ government seeks to control not only all economic and political matters but also
the attitudes, values, and beliefs of the citizenry.
A. democratic
B. socialistic
C. mixed
D. totalitarian -CORRECT ANSWER-D
_____ fundamental tenet is that capital and wealth should be vested in the state and used
primarily as a means of production rather than for profit.
A. Socialism's
, B. Democracy's
C. Totalitarianism's
D. Theocracy's -CORRECT ANSWER-A
Which of the following is the underlying principle of socialism?
A. The welfare of individuals far outweighs the welfare of society.
B. Collective welfare of people outweighs the welfare of the individual.
C. Capital and wealth should be vested in the hands of few and used primarily as a means of
profit.
D. The state should protect itself from individual and group interests. -CORRECT ANSWER-B
Which form of government is characterized by private property rights and limited
government?
A. autocratic
B. democratic
