D270 MIDTERM - JAMES DAVIS
TEST QUESTIONS AND
COMPLETE SOLUTIONS GRADED
A+
Your Exam Plug
, Globalization - Answer: Process of broadening interdependent relationships among people who are
divided among people who are divided into national boarders
international business - Answer: commercial transactions between 2+ countries
forces behind globalization - Answer: 1. technology
2. trade
3. services that support intern. business
4. consumer pressure
5. global competition
6. changing political situations and gov policies
7. expanded cross-national cooperation
negative effects of globalization - Answer: 1. threats to national sovereignty
2. small countries feel threatened
3. cultural homogenity threatens uniqueness
193 - Answer: how many countries in the world
portfolio investment - Answer: non-controlling investment of stocks and loans
constortium - Answer: 2+ people investing in a business
direct exports - Answer: shipping directly to customers from home market. costs = low, easy to initiate,
no shared ownership,
high shipping cost, no local adaption
exporting via a local distributer - Answer: entering an agreement for a local distributor to sell goods
produced in home market in a new market,
cost=low, control=low, some local adaption, limited financial return, lack of control
TEST QUESTIONS AND
COMPLETE SOLUTIONS GRADED
A+
Your Exam Plug
, Globalization - Answer: Process of broadening interdependent relationships among people who are
divided among people who are divided into national boarders
international business - Answer: commercial transactions between 2+ countries
forces behind globalization - Answer: 1. technology
2. trade
3. services that support intern. business
4. consumer pressure
5. global competition
6. changing political situations and gov policies
7. expanded cross-national cooperation
negative effects of globalization - Answer: 1. threats to national sovereignty
2. small countries feel threatened
3. cultural homogenity threatens uniqueness
193 - Answer: how many countries in the world
portfolio investment - Answer: non-controlling investment of stocks and loans
constortium - Answer: 2+ people investing in a business
direct exports - Answer: shipping directly to customers from home market. costs = low, easy to initiate,
no shared ownership,
high shipping cost, no local adaption
exporting via a local distributer - Answer: entering an agreement for a local distributor to sell goods
produced in home market in a new market,
cost=low, control=low, some local adaption, limited financial return, lack of control
