BUS 270 EXAM (ACTUAL EXAM) QUESTIONS WITH VERIFIED
ANSWERS
Globilization - Answers - - interdependence between different companies and countries
International business - Answers - - the actual transactions, part of global business
Outsourcing - Answers - - take business process to another country, moving to another
organization, covering Achilles heal
Offsoarcing - Answers - - moving business that's driven by costs
SWOT- - Answers - stregths weaknesses opportunities and threats
Maslows Hierarchy - Answers - - All employees are at different stages and so are
countries
Intellectual property - Answers - - stuff you make out off your ideas
Different countries have different view on how to protect them
4 types of data - Answers - Accurate
Somewhat accurate
Inaccurate
Its there but don't know it
Y theory - Answers - How well you generate trust with others
Ability to educate people
Who what when how
Tied to why
Have others understand you and help others
Help people see how to avoid pain
How to appeal to people and be successful - Answers - Lower risk at same reward
Increase reward at same risk
Y Theory. - Answers - Trust
Cause and effect
Facts
Education, insight
Decision behavior
wiifm
Laissez Faire - Answers - hands off specifically government, free market, capitalism
, Totalitarianism - Answers - total government control over everything
Theocratic- religion controls
Strategic alliance - Answers - - an international organization, asset bassed, sharing and
exchanging assets
Polycentrism- - Answers - act like local
Ethnocetric - Answers - - act like home
Geocentric - Answers - - blend of two
Rule of man - Answers - - some one in power makes decisions
Rule of law - Answers - - common law or civil law
FDI - Answers - - foreign direct investment, we have control
High context - Answers - - has implicit meeting and focused on relation ships
low context - Answers - - get to the point
Future orientation - Answers - - focused on bonuses and pay
Now orientation - Answers - focused on now
Types of political risk - Answers - Systematic risk
Procedural risk
Distributive risk
Catastrophic risk
Systematic risk - Answers - - impacts everyone
Procedural risk - Answers - - impacts some company's, industries
Process not targeted
Distributive risk - Answers - - shifts responsibility, targeting someone
Catastrophic risk - Answers - - things blown up, like the gaza strip
Types of culture - Answers - Cultural defusion
Cultural collision
Cultural shock
Imperialism
ANSWERS
Globilization - Answers - - interdependence between different companies and countries
International business - Answers - - the actual transactions, part of global business
Outsourcing - Answers - - take business process to another country, moving to another
organization, covering Achilles heal
Offsoarcing - Answers - - moving business that's driven by costs
SWOT- - Answers - stregths weaknesses opportunities and threats
Maslows Hierarchy - Answers - - All employees are at different stages and so are
countries
Intellectual property - Answers - - stuff you make out off your ideas
Different countries have different view on how to protect them
4 types of data - Answers - Accurate
Somewhat accurate
Inaccurate
Its there but don't know it
Y theory - Answers - How well you generate trust with others
Ability to educate people
Who what when how
Tied to why
Have others understand you and help others
Help people see how to avoid pain
How to appeal to people and be successful - Answers - Lower risk at same reward
Increase reward at same risk
Y Theory. - Answers - Trust
Cause and effect
Facts
Education, insight
Decision behavior
wiifm
Laissez Faire - Answers - hands off specifically government, free market, capitalism
, Totalitarianism - Answers - total government control over everything
Theocratic- religion controls
Strategic alliance - Answers - - an international organization, asset bassed, sharing and
exchanging assets
Polycentrism- - Answers - act like local
Ethnocetric - Answers - - act like home
Geocentric - Answers - - blend of two
Rule of man - Answers - - some one in power makes decisions
Rule of law - Answers - - common law or civil law
FDI - Answers - - foreign direct investment, we have control
High context - Answers - - has implicit meeting and focused on relation ships
low context - Answers - - get to the point
Future orientation - Answers - - focused on bonuses and pay
Now orientation - Answers - focused on now
Types of political risk - Answers - Systematic risk
Procedural risk
Distributive risk
Catastrophic risk
Systematic risk - Answers - - impacts everyone
Procedural risk - Answers - - impacts some company's, industries
Process not targeted
Distributive risk - Answers - - shifts responsibility, targeting someone
Catastrophic risk - Answers - - things blown up, like the gaza strip
Types of culture - Answers - Cultural defusion
Cultural collision
Cultural shock
Imperialism
