BUSI 3250 AUBURN UPDATED ACTUAL
TEST QUESTIONS AND CORRECT ANSWERS
FULL SOLUTION
●● As used in the text, the term environment means all the forces
influencing the life and development of the firm
Answer: true
●● lobbyists who advocate for new laws that will affect the production
of a business are an example if an internal force
Answer: false; external force, political
●● those who work in the international environment find that decision
making is more complex than it is in a purely domestic environment
Answer: true
●● Britain was the world's leading manufacturing country for about
1,800 years, until it was replaced by the United States in the 1800s
Answer: false; China
●● the advent of globalization has had minimal effect on labor standards
around the world
Answer: false; has had deleterious effects on labor and labor standard
, ●● opponents of free trade point out that globalization has contributed to
a decline in environmental and health conditions
Answer: true
●● what is an example of an internal force that can affect a company's
environment
Answer: human resources
●● Gabriel Industries is located near a port city which allows it to ship
products easily overseas to its international customers. The geographic
location of the company is an example of a(n)
Answer: external force
●● which of the environments associated with a company refers to the
uncontrollable forces originating outside the home country?
Answer: foreign
●● the proportion of world trade coming from North America, Latin
America, Africa, and the Middle East has decreased since 1983
Answer: true
TEST QUESTIONS AND CORRECT ANSWERS
FULL SOLUTION
●● As used in the text, the term environment means all the forces
influencing the life and development of the firm
Answer: true
●● lobbyists who advocate for new laws that will affect the production
of a business are an example if an internal force
Answer: false; external force, political
●● those who work in the international environment find that decision
making is more complex than it is in a purely domestic environment
Answer: true
●● Britain was the world's leading manufacturing country for about
1,800 years, until it was replaced by the United States in the 1800s
Answer: false; China
●● the advent of globalization has had minimal effect on labor standards
around the world
Answer: false; has had deleterious effects on labor and labor standard
, ●● opponents of free trade point out that globalization has contributed to
a decline in environmental and health conditions
Answer: true
●● what is an example of an internal force that can affect a company's
environment
Answer: human resources
●● Gabriel Industries is located near a port city which allows it to ship
products easily overseas to its international customers. The geographic
location of the company is an example of a(n)
Answer: external force
●● which of the environments associated with a company refers to the
uncontrollable forces originating outside the home country?
Answer: foreign
●● the proportion of world trade coming from North America, Latin
America, Africa, and the Middle East has decreased since 1983
Answer: true
