BUS 280 CAPSTONE EXAM QUESTIONS WITH SOLUTIONS
2025 GRADED A+
1) Which of the following terms applies to the sale of a particular brand of jeans
manufactured in the U.S. and sold in Canadian stores?
A) exporting
B) outsourcing
C) insourcing
D) importing - ✔✔A
2) A business that has direct investments (in the form of marketing or manufacturing
subsidiaries) abroad in several countries is called a ________.
A) dummy corporation
B) shell corporation
C) multinational corporation
D) domestic corporation - ✔✔C
3) The rise of a new international entity called the ________ suggests that any
company,
regardless of age, experience, and resources, can engage in international business.
A) transnational corporation
B) multinational corporation
C) born global firm
D) global firm - ✔✔C
4) Small companies selling traditional products benefit from ________.
A) the barriers to trade that restrict their products from crossing domestic boundaries
B) increased investment by foreign competitors in domestic markets
C) government policies that seek to regulate the flow of capital across national borders
D) technology that lowers the costs and difficulties of global communication - ✔✔D
5) ________ is an effective alternative to traditional distribution channels for firms that
sell
digitized products.
A) Dual licensing
B) Electronic distribution
C) Visual merchandising
D) Digital switchover - ✔✔B
6) ________ is the trend toward greater economic, cultural, political, and technological
interdependence among national institutions and economies.
A) Privatization
B) Heterogenization
C) Globalization
D) Decentralization - ✔✔C
7) Globalization is characterized by ________.
A) the demise of democracy within a nation
B) national boundaries becoming less relevant
C) the fortification of trade barriers
D) rigid foreign relations policies - ✔✔B
,8) As a result of globalization, Argonia finds that its national borders are becoming less
relevant.
This indicates that Argonia is undergoing ________.
A) denationalization
B) standardization
C) reorganization
D) internationalization - ✔✔A
9) The term ________ refers to entities cooperating across national boundaries.
A) internationalization
B) supranationalism
C) denationalization
D) multiculturalism - ✔✔A
10) Which of the following refers to convergence in buyer preferences in markets
around the
world?
A) heterogenization of markets
B) globalization of markets
C) segmentation of markets
D) nationalization of markets - ✔✔B
11) Which of the following refers to the use of computer networks to purchase, sell, or
exchange
products; service customers; and collaborate with partners?
A) e-commerce
B) telecommuting
C) data virtualization
D) virtual hosting - ✔✔A
12) Gentian Violet is a dye manufacturing company that uses computer networks to sell
its
products, service customers, and collaborate with partners. Which of the following
technologies
is the company engaging in this scenario?
A) rapid prototyping
B) e-business
C) simulation
D) console automation - ✔✔B
13) Development that meets the needs of the present without compromising the ability
of future
generations to meet their own needs indicates ________.
A) egalitarianism
B) denationalization
C) generalizability
D) sustainability - ✔✔D
14) Most companies today operate in an environment of increased transparency and
scrutiny
regarding their business activities. This is due to ________.
A) the rise of the social media
, B) the prosperity of developing nations
C) the heterogeneity in markets
D) labor market flexibility in developing nations - ✔✔A
15) The practice by which managers and other employees find jobs within their own
companies
for relatives is known as ________.
A) ethnocentricism
B) enculturation
C) nepotism
D) stratification - ✔✔C
16) Nepotism often prevails in ________ cultures.
A) extended-family
B) individualistic
C) monotheistic
D) nuclear family - ✔✔A
17) ________ refers to socially learned traits associated with, and expected of, men or
women.
A) Conformity
B) Social mobility
C) Individualism
D) Gender - ✔✔D
18) Which of the following terms is used to refer to the process of ranking people into
social
layers or classes?
A) social transformation
B) social stratification
C) social loafing
D) social mobility - ✔✔B
19) ________ tend to occupy the highest social layer in industrialized countries.
A) Teachers
B) Scientists
C) Medical doctors
D) Business leaders - ✔✔D
20) Democracies try to preserve peaceful coexistence among groups of people with
diverse
cultural, ethnic, and racial backgrounds. These rights are known as ________ rights.
A) indirect
B) central
C) subcapital
D) minority - ✔✔D
21) The segment of the economic environment comprising independently owned firms
that seek
to earn profits is called the ________.
A) political sector
B) private sector
2025 GRADED A+
1) Which of the following terms applies to the sale of a particular brand of jeans
manufactured in the U.S. and sold in Canadian stores?
A) exporting
B) outsourcing
C) insourcing
D) importing - ✔✔A
2) A business that has direct investments (in the form of marketing or manufacturing
subsidiaries) abroad in several countries is called a ________.
A) dummy corporation
B) shell corporation
C) multinational corporation
D) domestic corporation - ✔✔C
3) The rise of a new international entity called the ________ suggests that any
company,
regardless of age, experience, and resources, can engage in international business.
A) transnational corporation
B) multinational corporation
C) born global firm
D) global firm - ✔✔C
4) Small companies selling traditional products benefit from ________.
A) the barriers to trade that restrict their products from crossing domestic boundaries
B) increased investment by foreign competitors in domestic markets
C) government policies that seek to regulate the flow of capital across national borders
D) technology that lowers the costs and difficulties of global communication - ✔✔D
5) ________ is an effective alternative to traditional distribution channels for firms that
sell
digitized products.
A) Dual licensing
B) Electronic distribution
C) Visual merchandising
D) Digital switchover - ✔✔B
6) ________ is the trend toward greater economic, cultural, political, and technological
interdependence among national institutions and economies.
A) Privatization
B) Heterogenization
C) Globalization
D) Decentralization - ✔✔C
7) Globalization is characterized by ________.
A) the demise of democracy within a nation
B) national boundaries becoming less relevant
C) the fortification of trade barriers
D) rigid foreign relations policies - ✔✔B
,8) As a result of globalization, Argonia finds that its national borders are becoming less
relevant.
This indicates that Argonia is undergoing ________.
A) denationalization
B) standardization
C) reorganization
D) internationalization - ✔✔A
9) The term ________ refers to entities cooperating across national boundaries.
A) internationalization
B) supranationalism
C) denationalization
D) multiculturalism - ✔✔A
10) Which of the following refers to convergence in buyer preferences in markets
around the
world?
A) heterogenization of markets
B) globalization of markets
C) segmentation of markets
D) nationalization of markets - ✔✔B
11) Which of the following refers to the use of computer networks to purchase, sell, or
exchange
products; service customers; and collaborate with partners?
A) e-commerce
B) telecommuting
C) data virtualization
D) virtual hosting - ✔✔A
12) Gentian Violet is a dye manufacturing company that uses computer networks to sell
its
products, service customers, and collaborate with partners. Which of the following
technologies
is the company engaging in this scenario?
A) rapid prototyping
B) e-business
C) simulation
D) console automation - ✔✔B
13) Development that meets the needs of the present without compromising the ability
of future
generations to meet their own needs indicates ________.
A) egalitarianism
B) denationalization
C) generalizability
D) sustainability - ✔✔D
14) Most companies today operate in an environment of increased transparency and
scrutiny
regarding their business activities. This is due to ________.
A) the rise of the social media
, B) the prosperity of developing nations
C) the heterogeneity in markets
D) labor market flexibility in developing nations - ✔✔A
15) The practice by which managers and other employees find jobs within their own
companies
for relatives is known as ________.
A) ethnocentricism
B) enculturation
C) nepotism
D) stratification - ✔✔C
16) Nepotism often prevails in ________ cultures.
A) extended-family
B) individualistic
C) monotheistic
D) nuclear family - ✔✔A
17) ________ refers to socially learned traits associated with, and expected of, men or
women.
A) Conformity
B) Social mobility
C) Individualism
D) Gender - ✔✔D
18) Which of the following terms is used to refer to the process of ranking people into
social
layers or classes?
A) social transformation
B) social stratification
C) social loafing
D) social mobility - ✔✔B
19) ________ tend to occupy the highest social layer in industrialized countries.
A) Teachers
B) Scientists
C) Medical doctors
D) Business leaders - ✔✔D
20) Democracies try to preserve peaceful coexistence among groups of people with
diverse
cultural, ethnic, and racial backgrounds. These rights are known as ________ rights.
A) indirect
B) central
C) subcapital
D) minority - ✔✔D
21) The segment of the economic environment comprising independently owned firms
that seek
to earn profits is called the ________.
A) political sector
B) private sector
