Definition Term
tangible products being traded merchandise(goods)
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True False
2 of 209
Definition Term
You can understand the rules of resource based view
the game, but if you don't have
,a ____ ________ ________ and good
products, you will fail.
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True False
Correct definition
Good business strategy
3 of 209
Term Definition
Lingua Franca global business language
globalization calls for a
common business language
English and Chinese Dialects
(such as Mandarin) contribute
largest share of global output
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True False
4 of 209
Term Definition
balance of trade
, degree to which members from
a lower social category can rise
to higher status
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True False
Correct definition
aggregation of importing and exporting that leads to
country-level trade surplus of deficit
5 of 209
Definition Term
sum of value added by resident gross national product (GNP)
firms, household, and
governments operating in an
economy
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True False
Correct definition
gross domestic product (GDP)
6 of 209
, Term Definition
Individualists ; Collectivists perspective that suggests
barriers to market integration at
borders are high, but not high
enough to insulate countries
from each other completely.
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True False
Correct definition
______________ may be more opportunistic when dealing with in-
group members
_____________ may be more opportunistic when dealing with
out-group members
7 of 209
Definition Term
elements of both market command economy
economy and command
economy
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True False
Correct definition
tangible products being traded merchandise(goods)
Give this one a try later!
True False
2 of 209
Definition Term
You can understand the rules of resource based view
the game, but if you don't have
,a ____ ________ ________ and good
products, you will fail.
Give this one a try later!
True False
Correct definition
Good business strategy
3 of 209
Term Definition
Lingua Franca global business language
globalization calls for a
common business language
English and Chinese Dialects
(such as Mandarin) contribute
largest share of global output
Give this one a try later!
True False
4 of 209
Term Definition
balance of trade
, degree to which members from
a lower social category can rise
to higher status
Give this one a try later!
True False
Correct definition
aggregation of importing and exporting that leads to
country-level trade surplus of deficit
5 of 209
Definition Term
sum of value added by resident gross national product (GNP)
firms, household, and
governments operating in an
economy
Give this one a try later!
True False
Correct definition
gross domestic product (GDP)
6 of 209
, Term Definition
Individualists ; Collectivists perspective that suggests
barriers to market integration at
borders are high, but not high
enough to insulate countries
from each other completely.
Give this one a try later!
True False
Correct definition
______________ may be more opportunistic when dealing with in-
group members
_____________ may be more opportunistic when dealing with
out-group members
7 of 209
Definition Term
elements of both market command economy
economy and command
economy
Give this one a try later!
True False
Correct definition
