BUSA 4000 Final Exam Review
_________ refers to the transfer of assets to another country or the acquisition of
assets in that country
a)International risk
b)importing
c)exporting
d)international investment - CORRECT ANSWER-international investment
which of the following types of risk is also known as political risk?
a)commercial risk
b)cross-cultural risk
c)country risk
d)currency risk - CORRECT ANSWER-country risk
Which of the following is NOT an example of cross-cultural risk factor?
a)costs of production
b)ethical practices
c)negotiation patterns
d)decision-making styles - CORRECT ANSWER-costs of production
which of the following has contributed to the rapid growth of trade among nations
EXCEPT____
a)the increase in trade barriers
b)advances in information technology
c)the liberalization of markets
d)advances in the information technology - CORRECT ANSWER-the increase in trade
barriers
______ is the total value of products and services produced in a country over the
course of a year
a)CAD
b)PPP
c)GDP
d)FDI - CORRECT ANSWER-GDP
fluctuating exchange rates are an example of which of the following?
a)currency risk
, b)cross-cultural risk
c)political risk
d)country risk - CORRECT ANSWER-currency risk
businesses that directly initiate international business transactions are known as____
a)fiduciary trusts
b)business affiliates
c)focal firms
d)fiscal enterprises - CORRECT ANSWER-focal firms
which of the following would NOT be considered an example of Foreign Direct
Investment (FDI)?
a)cross-border purchase of stocks
b)purchase of foreign land for business operations
c)purchase of capital assets of a foreign company
d)a cross-border purchase of a textile plant - CORRECT ANSWER-cross-border
purchase of stocks
international business is defined as the performance of __________ activities by firms
across national borders.
a)accounting and auditing
b)marketing and fiduciary
c)trade and investment
d)finance and operational - CORRECT ANSWER-trade and investment
which of the following best characterizes the development of international business?
a)it developed after the year 2000
b)it first started in Europe
c)its development has slowed in recent years
d)it has existed in some from for centuries - CORRECT ANSWER-it has existed in
some from for centuries
in which of the following are substantial autonomy and decision-making authority
delegated to a firm's subsidiaries around the world?
a)global strategy
b)nationalization
c)transnational strategy
d)decentralized approach - CORRECT ANSWER-decentralized approach
_________ refers to the transfer of assets to another country or the acquisition of
assets in that country
a)International risk
b)importing
c)exporting
d)international investment - CORRECT ANSWER-international investment
which of the following types of risk is also known as political risk?
a)commercial risk
b)cross-cultural risk
c)country risk
d)currency risk - CORRECT ANSWER-country risk
Which of the following is NOT an example of cross-cultural risk factor?
a)costs of production
b)ethical practices
c)negotiation patterns
d)decision-making styles - CORRECT ANSWER-costs of production
which of the following has contributed to the rapid growth of trade among nations
EXCEPT____
a)the increase in trade barriers
b)advances in information technology
c)the liberalization of markets
d)advances in the information technology - CORRECT ANSWER-the increase in trade
barriers
______ is the total value of products and services produced in a country over the
course of a year
a)CAD
b)PPP
c)GDP
d)FDI - CORRECT ANSWER-GDP
fluctuating exchange rates are an example of which of the following?
a)currency risk
, b)cross-cultural risk
c)political risk
d)country risk - CORRECT ANSWER-currency risk
businesses that directly initiate international business transactions are known as____
a)fiduciary trusts
b)business affiliates
c)focal firms
d)fiscal enterprises - CORRECT ANSWER-focal firms
which of the following would NOT be considered an example of Foreign Direct
Investment (FDI)?
a)cross-border purchase of stocks
b)purchase of foreign land for business operations
c)purchase of capital assets of a foreign company
d)a cross-border purchase of a textile plant - CORRECT ANSWER-cross-border
purchase of stocks
international business is defined as the performance of __________ activities by firms
across national borders.
a)accounting and auditing
b)marketing and fiduciary
c)trade and investment
d)finance and operational - CORRECT ANSWER-trade and investment
which of the following best characterizes the development of international business?
a)it developed after the year 2000
b)it first started in Europe
c)its development has slowed in recent years
d)it has existed in some from for centuries - CORRECT ANSWER-it has existed in
some from for centuries
in which of the following are substantial autonomy and decision-making authority
delegated to a firm's subsidiaries around the world?
a)global strategy
b)nationalization
c)transnational strategy
d)decentralized approach - CORRECT ANSWER-decentralized approach
