BUSA 4000 FINAL EXAM REVIEW 2025 ACTUAL COMPLETE
QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT
ANSWERS)/ALREADY GRADED A+
Which of the following is NOT an example of FDI? - ANSWER>>Cross border purchase of
stocks
____ is defined as the sum total value of products and services produced within a
country in a particular year - ANSWER>>GDP
Which of the following has been a cause of the rapid growth of trade among nations
EXCEPT - ANSWER>>The increase in trade barriers
Which of the following types of risk is also known as political risk? -
ANSWER>>Country Risk
Which of the following is NOT a risk factor cross-cultural? - ANSWER>>Cost of
production
International business is defined as the performance of _____ activities by firms across
national borders - ANSWER>>Trade and Investment
Which of the following best characterizes the development of international business? -
ANSWER>>It has existed in some form for centuries
_____ refers to the transfer of assets to another country of the acquisition of assets in
that country - ANSWER>>International Investment
,Fluctuating exchange rates are a type of which of the following? - ANSWER>>Currency
Risk
Companies that directly initiate international business transactions are known as -
ANSWER>>Focal firms
Companies that pursue global integration manufacture and sell - ANSWER>>Products
that require minimum adaptation
Graham Technologies is a UK-based consumer electronics manufacturing company.
The company sells netbooks, smartphones, laptops, and desktops in the international
market, and each product group functions as an independent profit center with a high
degree of autonomy. This is an example of a - ANSWER>>Product structure
Which of the following is necessary if local responsiveness is to have a positive impact
on a firm's competitiveness? - ANSWER>>Local managers must have the power to
decide based on local needs
Which of the following is a drawback to a geographic area structure? -
ANSWER>>Geographic area managers potential lack of global orientation for
developing and managing products
Which of the following would a manager consider LAST when developing strategies? -
ANSWER>>Decide how best to contend with competitors
A _____ strategy is one in which headquarters has substantial control over country
operations to realize efficiencies and integrate operations - ANSWER>>Global
In which of the following does management delegate substantial autonomy and
decision-making authority to a firm's subsidiaries around the world? -
ANSWER>>Decentralized Approach
, GramTech Solutions is a US-based software develoment. The firm's CEO, David Ghaster
intends to open an outlet in India. Being a visionary leader he would - ANSWER>>Hire
managers with an international mind-set, that is, showing an openness to and
awareness of diversity across cultures
A global industry is one in which competition is on a regional or worldwide scale. Which
of the following is more commonly a global industry? - ANSWER>>Automobiles
A firm would be compelled to seek global integration when it has to -
ANSWER>>Capitalize on converging consumer trends and universal needs
If a shoe manufacturing firm wants to know the global market opportunity, which of the
following should it do first? - ANSWER>>Assess the firm's readiness to internationalize
The internationalization tendencies of firms have changed due to advances in
communications and transportation technology by - ANSWER>>Decreasing the risk
and complexity of doing business in foreign markets
When using the process of gradual elimination to screen potential country markets, a
researcher should first - ANSWER>>Obtain general information on macro-level
indicators
According to the Market Potential Indicators Index, _____ is an indicator of market size -
ANSWER>>Urban population and electricity consumption
The size and growth rate of a country's middle class is termed as - ANSWER>>Market
Consumption Capacity
Which of the following should a company planning to internationalize do when assessing
market industry potential? - ANSWER>>Create a 3-5 year forecast of industry sales for
each target market
To estimate industry market potential, managers likely need - ANSWER>>Industry
QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT
ANSWERS)/ALREADY GRADED A+
Which of the following is NOT an example of FDI? - ANSWER>>Cross border purchase of
stocks
____ is defined as the sum total value of products and services produced within a
country in a particular year - ANSWER>>GDP
Which of the following has been a cause of the rapid growth of trade among nations
EXCEPT - ANSWER>>The increase in trade barriers
Which of the following types of risk is also known as political risk? -
ANSWER>>Country Risk
Which of the following is NOT a risk factor cross-cultural? - ANSWER>>Cost of
production
International business is defined as the performance of _____ activities by firms across
national borders - ANSWER>>Trade and Investment
Which of the following best characterizes the development of international business? -
ANSWER>>It has existed in some form for centuries
_____ refers to the transfer of assets to another country of the acquisition of assets in
that country - ANSWER>>International Investment
,Fluctuating exchange rates are a type of which of the following? - ANSWER>>Currency
Risk
Companies that directly initiate international business transactions are known as -
ANSWER>>Focal firms
Companies that pursue global integration manufacture and sell - ANSWER>>Products
that require minimum adaptation
Graham Technologies is a UK-based consumer electronics manufacturing company.
The company sells netbooks, smartphones, laptops, and desktops in the international
market, and each product group functions as an independent profit center with a high
degree of autonomy. This is an example of a - ANSWER>>Product structure
Which of the following is necessary if local responsiveness is to have a positive impact
on a firm's competitiveness? - ANSWER>>Local managers must have the power to
decide based on local needs
Which of the following is a drawback to a geographic area structure? -
ANSWER>>Geographic area managers potential lack of global orientation for
developing and managing products
Which of the following would a manager consider LAST when developing strategies? -
ANSWER>>Decide how best to contend with competitors
A _____ strategy is one in which headquarters has substantial control over country
operations to realize efficiencies and integrate operations - ANSWER>>Global
In which of the following does management delegate substantial autonomy and
decision-making authority to a firm's subsidiaries around the world? -
ANSWER>>Decentralized Approach
, GramTech Solutions is a US-based software develoment. The firm's CEO, David Ghaster
intends to open an outlet in India. Being a visionary leader he would - ANSWER>>Hire
managers with an international mind-set, that is, showing an openness to and
awareness of diversity across cultures
A global industry is one in which competition is on a regional or worldwide scale. Which
of the following is more commonly a global industry? - ANSWER>>Automobiles
A firm would be compelled to seek global integration when it has to -
ANSWER>>Capitalize on converging consumer trends and universal needs
If a shoe manufacturing firm wants to know the global market opportunity, which of the
following should it do first? - ANSWER>>Assess the firm's readiness to internationalize
The internationalization tendencies of firms have changed due to advances in
communications and transportation technology by - ANSWER>>Decreasing the risk
and complexity of doing business in foreign markets
When using the process of gradual elimination to screen potential country markets, a
researcher should first - ANSWER>>Obtain general information on macro-level
indicators
According to the Market Potential Indicators Index, _____ is an indicator of market size -
ANSWER>>Urban population and electricity consumption
The size and growth rate of a country's middle class is termed as - ANSWER>>Market
Consumption Capacity
Which of the following should a company planning to internationalize do when assessing
market industry potential? - ANSWER>>Create a 3-5 year forecast of industry sales for
each target market
To estimate industry market potential, managers likely need - ANSWER>>Industry
