INTERNATIONAL MANAGEMENT EXAM 2024-2025 NEWEST !!!
|ACTUAL COMPLETE QUESTIONS AND CORRECT ANSWERS
( VERIFIED ANSWERS ) ALREADY GRADED A+.
Which of the following terms is defined as the process of social,
political, economic, cultural, and technological integration among
countries around the world?
A) Internationalization
B) Offshoring
C) Globalization
D) Outsourcing - ANSWER-C) Globalization
_____ is the process of applying management concepts and
techniques in a multinational environment and adapting management
practices to different economic, political, and cultural environments.
A) Strategic management
B) Internationalization
C) Globalization
D) International management - ANSWER-D) International management
To qualify as a multinational corporation (MNC), a firm must meet all
of the following criteria except:
A) operations in more than one country.
B) international sales.
C) a mix of nationalities among managers and owners.
D) sales of at least one million dollars per year. - ANSWER-D) sales of
at least one million dollars per year.
,Critics of globalization believe that:
A) the offshoring of business services jobs to lower-wage
countries inherently creates greater opportunities at home.
B) growing trade deficits and slow wage growth are damaging
economies.
C) when production moves to countries to take advantage of
lessregulated environments, an upward pressure is created on wages
and working conditions.
D) the main winners of globalization are the low-wage workers. -
ANSWER-B) growing trade deficits and slow wage growth are
damaging economies.
The subcontracting or contracting out of activities to external
organizations that had previously been performed by a firm is called
_____.
A) homesourcing
B) insourcing
C) offshoring
D) outsourcing - ANSWER-D) outsourcing
_____ is the process by which companies undertake some activities
at offshore locations instead of in their countries of origin.
A) Homesourcing
B) Insourcing
C) Offshoring
D) Globalization - ANSWER-C) Offshoring
, The _____ is the global organization of countries that oversees rules
and regulations for international trade and investment, including
agriculture, intellectual property, services, competition, and
subsidies.
A) WTO
B) NAFTA
C) WIPO
D) ITO - ANSWER-A) WTO
The _____ is a free-trade agreement among the United States,
Canada, and Mexico that has removed most barriers to trade and
investment. A) AFTA
B) EFTA
C) CAFTA
D) NAFTA - ANSWER-D) NAFTA
Identify a true statement about the Development Round in which the
members of the World Trade Organization (WTO) met and launched a
round of negotiations at Doha, Qatar in November 2011.
A) The WTO members agreed upon the opening of government
procurement markets to companies in the developed nations.
B) There was a lack of consensus among WTO members regarding
agricultural subsidies.
C) There was a lack of consensus among WTO members regarding
unbalanced population pyramids.
D) The WTO members agreed upon the issues of competition. -
|ACTUAL COMPLETE QUESTIONS AND CORRECT ANSWERS
( VERIFIED ANSWERS ) ALREADY GRADED A+.
Which of the following terms is defined as the process of social,
political, economic, cultural, and technological integration among
countries around the world?
A) Internationalization
B) Offshoring
C) Globalization
D) Outsourcing - ANSWER-C) Globalization
_____ is the process of applying management concepts and
techniques in a multinational environment and adapting management
practices to different economic, political, and cultural environments.
A) Strategic management
B) Internationalization
C) Globalization
D) International management - ANSWER-D) International management
To qualify as a multinational corporation (MNC), a firm must meet all
of the following criteria except:
A) operations in more than one country.
B) international sales.
C) a mix of nationalities among managers and owners.
D) sales of at least one million dollars per year. - ANSWER-D) sales of
at least one million dollars per year.
,Critics of globalization believe that:
A) the offshoring of business services jobs to lower-wage
countries inherently creates greater opportunities at home.
B) growing trade deficits and slow wage growth are damaging
economies.
C) when production moves to countries to take advantage of
lessregulated environments, an upward pressure is created on wages
and working conditions.
D) the main winners of globalization are the low-wage workers. -
ANSWER-B) growing trade deficits and slow wage growth are
damaging economies.
The subcontracting or contracting out of activities to external
organizations that had previously been performed by a firm is called
_____.
A) homesourcing
B) insourcing
C) offshoring
D) outsourcing - ANSWER-D) outsourcing
_____ is the process by which companies undertake some activities
at offshore locations instead of in their countries of origin.
A) Homesourcing
B) Insourcing
C) Offshoring
D) Globalization - ANSWER-C) Offshoring
, The _____ is the global organization of countries that oversees rules
and regulations for international trade and investment, including
agriculture, intellectual property, services, competition, and
subsidies.
A) WTO
B) NAFTA
C) WIPO
D) ITO - ANSWER-A) WTO
The _____ is a free-trade agreement among the United States,
Canada, and Mexico that has removed most barriers to trade and
investment. A) AFTA
B) EFTA
C) CAFTA
D) NAFTA - ANSWER-D) NAFTA
Identify a true statement about the Development Round in which the
members of the World Trade Organization (WTO) met and launched a
round of negotiations at Doha, Qatar in November 2011.
A) The WTO members agreed upon the opening of government
procurement markets to companies in the developed nations.
B) There was a lack of consensus among WTO members regarding
agricultural subsidies.
C) There was a lack of consensus among WTO members regarding
unbalanced population pyramids.
D) The WTO members agreed upon the issues of competition. -
