International Business- FINAL EXAM
any firm that engages in international trade or investment. - ANS-International Business
McDonald's engages in international business by having ________ and deriving more than half
of its____ outside the home country. - ANS-foreign operation, income
is a process or trend toward a more integrated and interdependent world economy. It is the
process that companies are more likely to compete anywhere,
source their raw material or R&D anywhere, and produce their products anywhere. -
ANS-Globalization
Consider Boeing's commercial jet airliner, the 777. Eight Japanese suppliers make parts for the
fuselage, doors, and wings; a supplier in Singapore makes the doors for the
nose landing gear, three suppliers in Italy manufacture wing flaps, and so on. What is this an
example of? - ANS-Globalization
Reasons for International Expansions - ANS-1. to expand sales
2. to acquire resources
3. minimize risk
Sony of Japan and Ikea of Sweden are among the world's largest companies that derive over
half their sales from ____________. - ANS-outside their home countries
any company operating in at least one country - ANS-international company
a company that operates in many countries and is involved in every type of international
operations - ANS-multinational enterprise (MNE) or multinational corporation (MNC)
a company owned by and managed by national in different countries - ANS-transnational
company (TNC)
_____ is also a term used by the United Nations to refer to an MNE/MNC - ANS-TNC
is a company that integrates its operations and has a vast network of operations in many parts
of the world. - ANS-global company
Carre Four is a good example of an ______________ with retail outlets in a few countries
outside of France - ANS-international company
General Electric is aa diversified multinational company with operations in many countries. What
kind of company is GE? - ANS-MNE/MNC
, Royal Dutch Shell is owned and managed by the British and Dutch. What kind of company is
this? - ANS-TNC
Boeing reflects a __________ company, with suppliers and operations in many countries -
ANS-global company
WTO, UN, IMF, World Bank - ANS-international agencies
____ agency has promoted the lowering of barriers to cross-border trade and investment -
ANS-WTO
______________ has focused on making low-interest loans to cash-strapped governments in
poor nations that wish to undertake significant infrastructure investments. - ANS-World Bank
____ is the lender to nation-states whose economies are in turmoil and currencies are losing
value
against those of other nations. - ANS-IMF
_______ has committed to preserving peace through
international cooperation and collective security. - ANS-UN
is the accepted principles of right or wrong governing the conduct of businesses and the people
running them. - ANS-Business Ethics
Nike broke no laws when it subcontracted work to factories in Southeast Asia that
had very poor working conditions, but many argued that Nike was acting __________. -
ANS-unethically
the idea that businesspeople should consider the social
consequences of economic actions when making business decisions, and that there should be
a presumption in favor of decisions that have both good economic and social
consequences. - ANS-Social Responsibility
BP, one of the world's largest oil companies, has made it part of the company policy to
undertake "social investments" in the countries where it does business.
What is this an example of? - ANS-Social Responsibility
While there are many different methods
used to characterize cultures one of the most common is that proposed by ________. -
ANS-Gert Hofstede
Hofstede's four dimensions of culture - ANS-Power Distance, Individualism/Collectivism,
Masculinity/Femininity, Uncertainty Avoidance
any firm that engages in international trade or investment. - ANS-International Business
McDonald's engages in international business by having ________ and deriving more than half
of its____ outside the home country. - ANS-foreign operation, income
is a process or trend toward a more integrated and interdependent world economy. It is the
process that companies are more likely to compete anywhere,
source their raw material or R&D anywhere, and produce their products anywhere. -
ANS-Globalization
Consider Boeing's commercial jet airliner, the 777. Eight Japanese suppliers make parts for the
fuselage, doors, and wings; a supplier in Singapore makes the doors for the
nose landing gear, three suppliers in Italy manufacture wing flaps, and so on. What is this an
example of? - ANS-Globalization
Reasons for International Expansions - ANS-1. to expand sales
2. to acquire resources
3. minimize risk
Sony of Japan and Ikea of Sweden are among the world's largest companies that derive over
half their sales from ____________. - ANS-outside their home countries
any company operating in at least one country - ANS-international company
a company that operates in many countries and is involved in every type of international
operations - ANS-multinational enterprise (MNE) or multinational corporation (MNC)
a company owned by and managed by national in different countries - ANS-transnational
company (TNC)
_____ is also a term used by the United Nations to refer to an MNE/MNC - ANS-TNC
is a company that integrates its operations and has a vast network of operations in many parts
of the world. - ANS-global company
Carre Four is a good example of an ______________ with retail outlets in a few countries
outside of France - ANS-international company
General Electric is aa diversified multinational company with operations in many countries. What
kind of company is GE? - ANS-MNE/MNC
, Royal Dutch Shell is owned and managed by the British and Dutch. What kind of company is
this? - ANS-TNC
Boeing reflects a __________ company, with suppliers and operations in many countries -
ANS-global company
WTO, UN, IMF, World Bank - ANS-international agencies
____ agency has promoted the lowering of barriers to cross-border trade and investment -
ANS-WTO
______________ has focused on making low-interest loans to cash-strapped governments in
poor nations that wish to undertake significant infrastructure investments. - ANS-World Bank
____ is the lender to nation-states whose economies are in turmoil and currencies are losing
value
against those of other nations. - ANS-IMF
_______ has committed to preserving peace through
international cooperation and collective security. - ANS-UN
is the accepted principles of right or wrong governing the conduct of businesses and the people
running them. - ANS-Business Ethics
Nike broke no laws when it subcontracted work to factories in Southeast Asia that
had very poor working conditions, but many argued that Nike was acting __________. -
ANS-unethically
the idea that businesspeople should consider the social
consequences of economic actions when making business decisions, and that there should be
a presumption in favor of decisions that have both good economic and social
consequences. - ANS-Social Responsibility
BP, one of the world's largest oil companies, has made it part of the company policy to
undertake "social investments" in the countries where it does business.
What is this an example of? - ANS-Social Responsibility
While there are many different methods
used to characterize cultures one of the most common is that proposed by ________. -
ANS-Gert Hofstede
Hofstede's four dimensions of culture - ANS-Power Distance, Individualism/Collectivism,
Masculinity/Femininity, Uncertainty Avoidance
