C211 OA quizzes
2022/2023
1. The term "emerging economies" has replaced the term .:
Developing countries
2. The gross domestic product plus the income from non-resident
sources abroad gives the .: gross national product
3. More than 25% of global GDP comes from .: BRICS countries
4. Viewing the global economy as a pyramid, the Triad refers to .:
North America, Western Europe, and Japan
5. People who earn a year comprise the base of the global economic
pyramid.: less than $2,000
6. Which of the following would be an example of a top down innovation?:
-
Lowering prices and features of existing products to meet emerging
market needs
7. Which of the following is true of the Group of 20 (G-20)?: It only has
19 member countries.
,8. Which of the following does the institution-based view of global
business lay emphasis on?: Understanding the laws and values of the
firm's host nation.
9. The resource-based view of global business differs from the institu-
tion-based view of global business in that the resource-based view .: -
focuses on the internal strengths on the firm
10. T
he liability of foreignness is the inherent disadvantage faced by .-
: foreign firms in host nations due to their non-native status
11.Which of the following is true of globalization according to the "new
force" perspective?: It is a western ideology focused on exploiting and
dominat- ing the world through MNEs
12.The concept of suggests that barriers to market integration at
borders are high, but not high enough to completely insulate countries
from each other.: Semiglobalization
13.The strategy of treating each country as a unique market and in total
isolation is referred to as .: Localization
14.MNEs from the Triad dominate the list of the 500 largest MNEs; their
share has been .: Shrinking
15.A conversion that determines the equivalent amount of goods and ser-
vices that different currencies can buy is known as .: purchasing
power parity
, 16.Which of the following countries would be characterized as an
emerging economy?: Brazil
17.Which of the following countries is represented in the Triad of the
global economic pyramid?: Japan
18.A is defined as an innovation that is adopted first in
emerging economies and then diffused around the world.: reverse
innovation
19.The view suggests that the success and failure of firms are
largely determined by their environments.: institution-based
20.The view of global business focuses on internal factors that
can help a firm overcome its external environment.: resource-based
21.Which of the following is true of globalization according to the
"pendulum view" perspective?: Globalization is a not a one-directional
phenomenon
22.The concept of suggests that barriers to market integration at
borders are high, but not high enough to completely insulate countries
from each other.: semiglobalization
23. is the strategy of treating the entire world as one market.:
Standard- ization
24. Pr
2022/2023
1. The term "emerging economies" has replaced the term .:
Developing countries
2. The gross domestic product plus the income from non-resident
sources abroad gives the .: gross national product
3. More than 25% of global GDP comes from .: BRICS countries
4. Viewing the global economy as a pyramid, the Triad refers to .:
North America, Western Europe, and Japan
5. People who earn a year comprise the base of the global economic
pyramid.: less than $2,000
6. Which of the following would be an example of a top down innovation?:
-
Lowering prices and features of existing products to meet emerging
market needs
7. Which of the following is true of the Group of 20 (G-20)?: It only has
19 member countries.
,8. Which of the following does the institution-based view of global
business lay emphasis on?: Understanding the laws and values of the
firm's host nation.
9. The resource-based view of global business differs from the institu-
tion-based view of global business in that the resource-based view .: -
focuses on the internal strengths on the firm
10. T
he liability of foreignness is the inherent disadvantage faced by .-
: foreign firms in host nations due to their non-native status
11.Which of the following is true of globalization according to the "new
force" perspective?: It is a western ideology focused on exploiting and
dominat- ing the world through MNEs
12.The concept of suggests that barriers to market integration at
borders are high, but not high enough to completely insulate countries
from each other.: Semiglobalization
13.The strategy of treating each country as a unique market and in total
isolation is referred to as .: Localization
14.MNEs from the Triad dominate the list of the 500 largest MNEs; their
share has been .: Shrinking
15.A conversion that determines the equivalent amount of goods and ser-
vices that different currencies can buy is known as .: purchasing
power parity
, 16.Which of the following countries would be characterized as an
emerging economy?: Brazil
17.Which of the following countries is represented in the Triad of the
global economic pyramid?: Japan
18.A is defined as an innovation that is adopted first in
emerging economies and then diffused around the world.: reverse
innovation
19.The view suggests that the success and failure of firms are
largely determined by their environments.: institution-based
20.The view of global business focuses on internal factors that
can help a firm overcome its external environment.: resource-based
21.Which of the following is true of globalization according to the
"pendulum view" perspective?: Globalization is a not a one-directional
phenomenon
22.The concept of suggests that barriers to market integration at
borders are high, but not high enough to completely insulate countries
from each other.: semiglobalization
23. is the strategy of treating the entire world as one market.:
Standard- ization
24. Pr
