Managers — Complete Practice Exam
Questions And Answers Latest 2026
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TOPIC 1: GLOBALIZATION — THE THREE VIEWS
(Questions 1–10)
Competency: Understanding Different Perspectives on
Globalization
1. Which view claims that the phenomenon of
globalization was initially driven by the desire of
Western economies to exploit their power through
multinational enterprises?
A) The pendulum view
B) The evolutionary view
,C) The new-force view
D) The resource-based view
Answer: C — The new-force view claims that
globalization was initially driven by the desire of
Western economies to exploit their power through
multinational enterprises.
2. Which view of globalization suggests that
globalization is a long-term cyclical process that has
occurred throughout history?
A) The new-force view
B) The evolutionary view
C) The pendulum view
D) The resource-based view
Answer: C — The pendulum view suggests that
globalization is a long-term cyclical process that has
,occurred throughout history, with periods of expansion
and contraction.
3. Which view of globalization argues that
globalization is not a recent phenomenon but rather
a continuation of trends that have been evolving
over centuries?
A) The new-force view
B) The evolutionary view
C) The pendulum view
D) The dependency view
Answer: B — The evolutionary view argues that
globalization is not a recent phenomenon but rather a
continuation of trends that have been evolving over
centuries.
, 4. According to the resource-based view of global
business, economic gains come from international
trade because:
A) One country's exported goods, services, or other
items are unique, valuable, and difficult to duplicate to
the importing countries
B) Countries with absolute advantage should specialize
C) Wealth is fixed and nations must export more than
they import
D) Labor costs are lower in developing countries
Answer: A — The resource-based view holds that
economic gains come from international trade because
one country's exported goods, services, or other items
are unique, valuable, and difficult to duplicate to the
importing countries.