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International Management Quiz 1 questions and answers well verified answers@ 2026

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Institution International Management
Course International Management
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International Management Quiz 1 questions and answers well verified answers@ 2026

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International Management Quiz 1
questions and answers well verified
answers@ 2026
International Management Involves - ANSWERS✔️-- Applying management concepts and techniques
in a multinational environment

-Adapting management practices to different economic, political, and cultural environments



Multinational corporation (MNC) - ANSWERS✔️--Operations in more than one country

-International sales

-Nationality mix of managers and owners



Globalization - ANSWERS✔️-Process of social, political, economic, cultural, and technological
integration among countries around the world



Offshoring - ANSWERS✔️-Process by which companies undertake some activities at offshore
locations instead of their countries of origin



Outsourcing - ANSWERS✔️-Subcontracting or contracting out of activities to external organizations
that had previously been performed by the firm



Benefits of Globalization - ANSWERS✔️--Wealth

-Jobs

-Technology

-Lower prices



Criticisms of Globalization - ANSWERS✔️--off-shoring of business service jobs to lower-wage
countries

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