D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT
(QHC1) (PQHC)
1. Which negative outcome on political systems comes from globalization?
A. Increase in the number of laws
B. Increase in the amount of taxes
C. Creation of isolationist policies
D. Creation of translation problems
Globalization - 36%
Political, Economic, and Legal Systems- Answers - C. Creation of isolationist policies
2. Which factor results in a higher rate of globalization?
A. Reduced trade barriers
B. Lower cross-border migration
C. Higher costs of doing business
D. Decreased direct foreign investment
Globalization - 36%
Political, Economic, and Legal Systems- Answers - A. Reduced trade barriers
3. What are the four factors in Ghemawat's CAGE analysis?
A. Culture, administration, government, environment
,B. Culture, agriculture, government, economy
C. Culture, agriculture, geography, environment
D. Culture, administration, geography, economy
Globalization - 36%
Political, Economic, and Legal Systems- Answers - D. Culture, administration, geography,
economy
4. What is a major drawback to the home country when companies outsource
manufacturing jobs to countries with lower worker wages?
A. Higher taxes
B. Loss of manufacturing jobs
C. Increased manufacturing costs
,D. Decreased focus on research and development
Globalization - 36%
Political, Economic, and Legal Systems- Answers - B. Loss of manufacturing jobs
5. A country has a characteristic traditional economic system with poor infra-
structure and limited economic opportunity.
What is the impact of this system on the process of globalization?
A. The globalization process is unaffected as the system does not hinder the
process.
B. The globalization process has shortcomings as there are conflicts with other
countries.
C. The globalization process is at a disadvantage as the country has a
lower standard of living.
D. The globalization process is steady as the country is not vulnerable to
the impact of globalization.
Globalization - 36%
Political, Economic, and Legal Systems- Answers - C. The globalization process is at a disadvantage
as the country has a lower standard of living.
6. What is a characteristic of a market economy?
A. Government regulation is abundant.
B. Production is based on traditions.
C. Goods and services are publicly owned.
, D. Firms seek to maximize profits.
Globalization - 36%
Political, Economic, and Legal Systems- Answers - D. Firms seek to maximize profits.
7. Which impact does Islamic law directly have on businesses?
A. It forbids charging interest.
(QHC1) (PQHC)
1. Which negative outcome on political systems comes from globalization?
A. Increase in the number of laws
B. Increase in the amount of taxes
C. Creation of isolationist policies
D. Creation of translation problems
Globalization - 36%
Political, Economic, and Legal Systems- Answers - C. Creation of isolationist policies
2. Which factor results in a higher rate of globalization?
A. Reduced trade barriers
B. Lower cross-border migration
C. Higher costs of doing business
D. Decreased direct foreign investment
Globalization - 36%
Political, Economic, and Legal Systems- Answers - A. Reduced trade barriers
3. What are the four factors in Ghemawat's CAGE analysis?
A. Culture, administration, government, environment
,B. Culture, agriculture, government, economy
C. Culture, agriculture, geography, environment
D. Culture, administration, geography, economy
Globalization - 36%
Political, Economic, and Legal Systems- Answers - D. Culture, administration, geography,
economy
4. What is a major drawback to the home country when companies outsource
manufacturing jobs to countries with lower worker wages?
A. Higher taxes
B. Loss of manufacturing jobs
C. Increased manufacturing costs
,D. Decreased focus on research and development
Globalization - 36%
Political, Economic, and Legal Systems- Answers - B. Loss of manufacturing jobs
5. A country has a characteristic traditional economic system with poor infra-
structure and limited economic opportunity.
What is the impact of this system on the process of globalization?
A. The globalization process is unaffected as the system does not hinder the
process.
B. The globalization process has shortcomings as there are conflicts with other
countries.
C. The globalization process is at a disadvantage as the country has a
lower standard of living.
D. The globalization process is steady as the country is not vulnerable to
the impact of globalization.
Globalization - 36%
Political, Economic, and Legal Systems- Answers - C. The globalization process is at a disadvantage
as the country has a lower standard of living.
6. What is a characteristic of a market economy?
A. Government regulation is abundant.
B. Production is based on traditions.
C. Goods and services are publicly owned.
, D. Firms seek to maximize profits.
Globalization - 36%
Political, Economic, and Legal Systems- Answers - D. Firms seek to maximize profits.
7. Which impact does Islamic law directly have on businesses?
A. It forbids charging interest.
