LSUS MBA 776 DARRAT EXAM 3 ACTUAL
PAPER SOLVED QUESTIONS
◉ Time zones
Answer: _______ __________ have greatest impact on success abroad
◉ Same
Answer: Economic growth and trade is more likely to take place
within regions in the ______ time zone due to the ease of doing
business
◉ Americas, Europe/Africa, Asia Pacific
Answer: Three market regions or trading blocs based on time
zones:
◉ 75
Answer: Latin America and other emerging markets throughout
the world will account for _____% of the world's total growth in the
next two decades and beyond
◉ MDCs, LDCs, LLDCs
Answer: UN's stages of economic development (3)
, ◉ MDCs
Answer: Industrialized countries with high per capita incomes
such as Canada, England, France, Germany, Japan, and the US
◉ LDCs
Answer: Industrially developing countries just entering world
trade, many of which are in Asia and Latin America, with relatively
low per capita incomes
◉ LLDCs
Answer: Industrially underdeveloped, agrarian, subsistence
societies with rural populations, extremely low per capita income
levels, and little world trade involvement
◉ NICs
Answer: LDCs that industrialize quickly; Countries that are
exporters of products like steel, autos, machine tools, clothing and
electronics as well as vast markets for imported products
◉ Chile, Brazil, Mexico, South Korea, Singapore, Taiwan
Answer: Examples of NICs
◉ Industrialization, foreign investors, and marketers
Answer: 3 objectives of developing countries
PAPER SOLVED QUESTIONS
◉ Time zones
Answer: _______ __________ have greatest impact on success abroad
◉ Same
Answer: Economic growth and trade is more likely to take place
within regions in the ______ time zone due to the ease of doing
business
◉ Americas, Europe/Africa, Asia Pacific
Answer: Three market regions or trading blocs based on time
zones:
◉ 75
Answer: Latin America and other emerging markets throughout
the world will account for _____% of the world's total growth in the
next two decades and beyond
◉ MDCs, LDCs, LLDCs
Answer: UN's stages of economic development (3)
, ◉ MDCs
Answer: Industrialized countries with high per capita incomes
such as Canada, England, France, Germany, Japan, and the US
◉ LDCs
Answer: Industrially developing countries just entering world
trade, many of which are in Asia and Latin America, with relatively
low per capita incomes
◉ LLDCs
Answer: Industrially underdeveloped, agrarian, subsistence
societies with rural populations, extremely low per capita income
levels, and little world trade involvement
◉ NICs
Answer: LDCs that industrialize quickly; Countries that are
exporters of products like steel, autos, machine tools, clothing and
electronics as well as vast markets for imported products
◉ Chile, Brazil, Mexico, South Korea, Singapore, Taiwan
Answer: Examples of NICs
◉ Industrialization, foreign investors, and marketers
Answer: 3 objectives of developing countries
