BUS-D 270 MIDTERM QUESTIONS WITH VERIFIED ANSWERS
According to lecture discussion, MNCs are oftentimes criticized for going international.
A relentless force pushing them to go international was emphasized as - Answers -
Growing consumer demand for foreign products
The two technologies featured in the lecture as contributors to the shrinking globe effect
included - Answers - The jumbo jet and the cargo ship
Based on our inclass discussion and visual examples, which of the following was
stressed as the main contributor for the sense that the globe was shrinking between
1500 to 1960s? - Answers - Transportation Advances
Smaller countries tend to be _____________ globalized than larger ones. - Answers -
More
Home and host-country regulations on taxation, employment, and foreign-exchange
transactions are known as which of the following? - Answers - Domestic Law
All are resons for reshoring EXCEPT: - Answers - Good Quality
Which of the following is not a criticism of globalization? - Answers - Communication
between nations
You own an American football team. After seeing an American baseball team scout
foreign-born baseball players, you decided to start looking for foreign-born football
players as well. This is an example of which of the following? - Answers - Greater
Global Competition
Signed contracts that permit one company to allow another to use its assets are known
as which of the following? - Answers - Licensing Agreements
__________ is a country's freedom to "act locally" and without externally imposed
restrictions? - Answers - Sovereignity
A mode of business in which one party allows another to use its trademark as an
essential asset of the franchisee's business is known as which of the following? -
Answers - Franchsing
International business transactions refer to all EXCEPT which of the following? -
Answers - Personal Conversations
, A United States company owns a Liverpool football club in the United Kingdom. British
law determines how the club is taxed. This is an example of which of the following
factors that influence international business? - Answers - Legal
Countries with ________income populations tend to be more globalized than those with
_________income populations? - Answers - Higher;lower
The creation of legal agreements between countries that determine how earnings will be
taxed by all jurisdictions is known as which of the following? - Answers - International
Law
You are a professional athlete from the United States and are traveling to Rome for a
competition. Your travel expenses in Rome can be interpreted as which of the following
for Rome? - Answers - Service Exports
All of the following were listed in the lecture on why globalization matters EXCEPT -
Answers - To identify countries with relaxed rules
A useful analogy to communicate the nature of international business was - Answers -
Playing chess vs checkers
Critics charge that globalization does which of the following to products, companies,
work methods, social structures, and even language? - Answers - Homogenizes
You live in Jamaica and rarely see your country compete in many winter Olympic
sports. This is an example of
international business being affected by which of the following? - Answers - Geography
Globalization allows us to do all EXCEPT which of the following? - Answers - Interact
only with your nation
Which of the following make up the three major objectives that underlie the reasons for
engaging in international
business? - Answers - Expanding sales, acquiring resources, and reducing risk
A company that starts out with a global focus because of its founders' international
experience is called which of the
following? - Answers - A bornglobal competition
The structure of the D270 topics is related to - Answers - the environmental approach
Speaking of doing international business (versus domestic business) the complexity
increases with all of the following EXCEPT - Answers - The number of political parties in
a country
According to lecture discussion, MNCs are oftentimes criticized for going international.
A relentless force pushing them to go international was emphasized as - Answers -
Growing consumer demand for foreign products
The two technologies featured in the lecture as contributors to the shrinking globe effect
included - Answers - The jumbo jet and the cargo ship
Based on our inclass discussion and visual examples, which of the following was
stressed as the main contributor for the sense that the globe was shrinking between
1500 to 1960s? - Answers - Transportation Advances
Smaller countries tend to be _____________ globalized than larger ones. - Answers -
More
Home and host-country regulations on taxation, employment, and foreign-exchange
transactions are known as which of the following? - Answers - Domestic Law
All are resons for reshoring EXCEPT: - Answers - Good Quality
Which of the following is not a criticism of globalization? - Answers - Communication
between nations
You own an American football team. After seeing an American baseball team scout
foreign-born baseball players, you decided to start looking for foreign-born football
players as well. This is an example of which of the following? - Answers - Greater
Global Competition
Signed contracts that permit one company to allow another to use its assets are known
as which of the following? - Answers - Licensing Agreements
__________ is a country's freedom to "act locally" and without externally imposed
restrictions? - Answers - Sovereignity
A mode of business in which one party allows another to use its trademark as an
essential asset of the franchisee's business is known as which of the following? -
Answers - Franchsing
International business transactions refer to all EXCEPT which of the following? -
Answers - Personal Conversations
, A United States company owns a Liverpool football club in the United Kingdom. British
law determines how the club is taxed. This is an example of which of the following
factors that influence international business? - Answers - Legal
Countries with ________income populations tend to be more globalized than those with
_________income populations? - Answers - Higher;lower
The creation of legal agreements between countries that determine how earnings will be
taxed by all jurisdictions is known as which of the following? - Answers - International
Law
You are a professional athlete from the United States and are traveling to Rome for a
competition. Your travel expenses in Rome can be interpreted as which of the following
for Rome? - Answers - Service Exports
All of the following were listed in the lecture on why globalization matters EXCEPT -
Answers - To identify countries with relaxed rules
A useful analogy to communicate the nature of international business was - Answers -
Playing chess vs checkers
Critics charge that globalization does which of the following to products, companies,
work methods, social structures, and even language? - Answers - Homogenizes
You live in Jamaica and rarely see your country compete in many winter Olympic
sports. This is an example of
international business being affected by which of the following? - Answers - Geography
Globalization allows us to do all EXCEPT which of the following? - Answers - Interact
only with your nation
Which of the following make up the three major objectives that underlie the reasons for
engaging in international
business? - Answers - Expanding sales, acquiring resources, and reducing risk
A company that starts out with a global focus because of its founders' international
experience is called which of the
following? - Answers - A bornglobal competition
The structure of the D270 topics is related to - Answers - the environmental approach
Speaking of doing international business (versus domestic business) the complexity
increases with all of the following EXCEPT - Answers - The number of political parties in
a country
