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BUSMHR 2000 International Business Exam Prep 2025/2026 – 200+ Questions & Correct Answers | Globalization, Trade, Culture, Ethics & Corporate Social Responsibility

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This BUSMHR 2000 International Business Exam Prep 2025/2026 resource contains over 200 fully solved questions with 100% correct answers, covering the core concepts and frameworks essential for success in international business courses. It explores globalization trends, market integration, trade and investment strategies, phases of globalization, international business risks, and the internationalization of value chains. Students will also gain deep insights into cultural dimensions, cross-cultural communication, and Hofstede’s cultural framework, enabling them to understand and navigate diverse business environments. The guide provides a comprehensive overview of corporate governance, ethics, corporate social responsibility (CSR), sustainability, intellectual property rights, and anti-corruption measures such as the Foreign Corrupt Practices Act (FCPA). It explains market entry strategies, the role of multinational enterprises (MNEs), small and medium-sized enterprises (SMEs), and born-global firms, as well as the societal consequences of globalization, including its economic, cultural, and environmental impacts. Ideal for business and management undergraduates, MBA students, international trade trainees, and professionals preparing for exams or seeking a refresher on global business concepts, this material is also valuable for policy advisors, corporate strategists, and entrepreneurs expanding internationally. Its structured Q&A format ensures quick comprehension and effective revision, making it suitable for both self-study and classroom use. Keywords: globalization, international trade, foreign direct investment, market entry strategies, cultural dimensions, cross-cultural communication, CSR, business ethics, intellectual property, FCPA

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BUSMHR 2000 2025/2026 Exam
Questions and Answers | 100% Solved



Globalization Markets - 🧠 ANSWER ✔✔Cross-border integration and growing

interdependency of countries around the world.


International Trade - 🧠 ANSWER ✔✔Goods and services across national borders

(through exporting and importing)


Exporting - 🧠 ANSWER ✔✔Goods and services sold abroad


Importing - 🧠 ANSWER ✔✔Products or services from suppliers located abroad

(also referred to as global sourcing)


International Portfolio Investment - 🧠 ANSWER ✔✔Passive ownership of foreign

securities such as stocks and bonds.

,Foreign Direct Investment (FDI) - 🧠 ANSWER ✔✔International strategy in which

the firm establishes a presence abroad through the acquisition of resources. An

investment in the form of a controlling ownership in a business in one country by

an entity based in another.


PESTEL analysis - 🧠 ANSWER ✔✔Engaging in international business requires

firms to choose markets carefully, with the help of a

Cross-cultural risk, country risk, currency risk, and commercial risk - 🧠 ANSWER

✔✔The Four Risk of International Business


cross-cultural risk - 🧠 ANSWER ✔✔cultural differences, negotiation patterns,

decision-making styles, and ethical practices


- 🧠 ANSWER ✔✔the harmful or unstable political system, laws, and regulations

unfavorable to foreign firms, inadequate or underdeveloped legal system


currency (financial risk) - 🧠 ANSWER ✔✔currency exposure, asset valuation,

foreign taxation, inflationary and transfer pricing


commercial risk - 🧠 ANSWER ✔✔weak partner, operational problems, timing of

entry, competitive intensity, poor execution of strategy, cyber risk, and social

media risk

, Multinational enterprise (MNE) - 🧠 ANSWER ✔✔A large company with

substantial resources that performs various business activities through a network of

subsidiaries and affiliates located in multiple countries.


Small and medium-sized enterprise - 🧠 ANSWER ✔✔Typically, companies with

500 or few employees, comprising over 90% of all firms in most countries. SMEs

increasingly engage in international business.


Born global firm - 🧠 ANSWER ✔✔A young, entrepreneurial SME that undertakes

substantial international business at or near its founding.

1.Exporting and importing

2. Turnkey projects

3. licensing

4. franchising

5. establishes joint ventures


6. or setting up a new, wholly owned subsidiary - 🧠 ANSWER ✔✔In general firms

can use of of the six market entry strategies:


exporting - 🧠 ANSWER ✔✔contract based


acquisition and greenfield - 🧠 ANSWER ✔✔subsidiary

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STATEMENT. ALL RIGHTS RESERVED



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