BUSA 4000 Test Questions
with 100% Correct
Answers 2024 New Update
Which of the following best characterizes the development of international business -
Answer- it has existed in some form for centuries
Which of the following types of risk is also known as political risk - Answer- country risk
Which of the following is not an example of a cross cultural risk factor - Answer- cost of
production
__ refers to the transfer of assets to another country or the acquistion of assets in that
country - Answer- importing
___ is the toalt value of products and services produced in a country over the course of
a year - Answer- GDP
Which of the following has contributed to the rapid growth of trade among nations
except - Answer- increase in trade barriers
fluctuating exchange rates are an example of which of the followin - Answer- currency
risk
Which of the following activites would be considered last by a manager while developing
strategies - Answer- deciding how best to content with competitors
Graham Tech is a Uk based conumer. company markets netbooks, smart in
international market and each product division operates as stand alone profit center with
substantial autonomy. example of - Answer- product structureq
Which of the following is necessary for local responsivness to effectively increase a
firms competitivness - Answer- local manager needs to be able to make decisions
based on local needs
In which of the following are substantial autonomy and decision making authority
delegated to a firms subsideriares around the world - Answer- decentralized approach
with 100% Correct
Answers 2024 New Update
Which of the following best characterizes the development of international business -
Answer- it has existed in some form for centuries
Which of the following types of risk is also known as political risk - Answer- country risk
Which of the following is not an example of a cross cultural risk factor - Answer- cost of
production
__ refers to the transfer of assets to another country or the acquistion of assets in that
country - Answer- importing
___ is the toalt value of products and services produced in a country over the course of
a year - Answer- GDP
Which of the following has contributed to the rapid growth of trade among nations
except - Answer- increase in trade barriers
fluctuating exchange rates are an example of which of the followin - Answer- currency
risk
Which of the following activites would be considered last by a manager while developing
strategies - Answer- deciding how best to content with competitors
Graham Tech is a Uk based conumer. company markets netbooks, smart in
international market and each product division operates as stand alone profit center with
substantial autonomy. example of - Answer- product structureq
Which of the following is necessary for local responsivness to effectively increase a
firms competitivness - Answer- local manager needs to be able to make decisions
based on local needs
In which of the following are substantial autonomy and decision making authority
delegated to a firms subsideriares around the world - Answer- decentralized approach
