1|Page
D270 Midterm Garcia Questions with 100% Verified
Answers UPDATED!!!
What was Tom Schwaub's overall message? - ANSWER Learning
hard skills prepares us for the world but soft skills are what
make you good
When stressed people tend to refer back to.....? - ANSWER their
old and comfortable nature, "status quo"
Chapter 1 Case 1: What was the key point? - ANSWER Sports
are an international business in itself but some sports are more
heavily known in other parts of the world
Globalization - ANSWER The widening and deepening of
interdependent relationships among people from different
nations
What does globalization enable? - ANSWER More variety, better
quality and lower prices
,2|Page
What are private companies and governments motives for
International Business? - ANSWER Private Companies do it for
money, while the government does it for money and other
reasons
Why is it hard to measure global growth? - ANSWER Country's
interdependence and boundaries shift
Smaller countries are - ANSWER more globalized
Higher per capita countries are - ANSWER more globalized than
countries farther down on the list
What are the seven factors of Increased Globalization? -
ANSWER 1) Rise in and application of Tech 2) Liberalization of
cross border trade and resource movements 3) Services that
support IB 4) Growth in consumer pressures 5)Increase in global
competition 6) Changes in political situations and government
policies 7) Expansion of cross-national cooperation
, 3|Page
Why does governments restrict cross border trade? - ANSWER
Citizens want more goods at a lower price and less competition
makes domestic products more effective
Is Wilson a virgin? - ANSWER Yes
What are the three anti-globalization factors? - ANSWER 1)
Threat to national sovereignty 2) Environmental Stress
3)Growing income inequality and personal stress
When are small countries overly dependent on large countries?
- ANSWER During times when there's a threat to national
soveregnity
What does personal stress lead to? - ANSWER Social and
Economic Unrest
What are the pros to offshoring? - ANSWER It reduces costs and
gives more jobs to people in poor countries
What are the cons to offshoring? - ANSWER Creates less high
value jobs in the USA and Americans makes less money
D270 Midterm Garcia Questions with 100% Verified
Answers UPDATED!!!
What was Tom Schwaub's overall message? - ANSWER Learning
hard skills prepares us for the world but soft skills are what
make you good
When stressed people tend to refer back to.....? - ANSWER their
old and comfortable nature, "status quo"
Chapter 1 Case 1: What was the key point? - ANSWER Sports
are an international business in itself but some sports are more
heavily known in other parts of the world
Globalization - ANSWER The widening and deepening of
interdependent relationships among people from different
nations
What does globalization enable? - ANSWER More variety, better
quality and lower prices
,2|Page
What are private companies and governments motives for
International Business? - ANSWER Private Companies do it for
money, while the government does it for money and other
reasons
Why is it hard to measure global growth? - ANSWER Country's
interdependence and boundaries shift
Smaller countries are - ANSWER more globalized
Higher per capita countries are - ANSWER more globalized than
countries farther down on the list
What are the seven factors of Increased Globalization? -
ANSWER 1) Rise in and application of Tech 2) Liberalization of
cross border trade and resource movements 3) Services that
support IB 4) Growth in consumer pressures 5)Increase in global
competition 6) Changes in political situations and government
policies 7) Expansion of cross-national cooperation
, 3|Page
Why does governments restrict cross border trade? - ANSWER
Citizens want more goods at a lower price and less competition
makes domestic products more effective
Is Wilson a virgin? - ANSWER Yes
What are the three anti-globalization factors? - ANSWER 1)
Threat to national sovereignty 2) Environmental Stress
3)Growing income inequality and personal stress
When are small countries overly dependent on large countries?
- ANSWER During times when there's a threat to national
soveregnity
What does personal stress lead to? - ANSWER Social and
Economic Unrest
What are the pros to offshoring? - ANSWER It reduces costs and
gives more jobs to people in poor countries
What are the cons to offshoring? - ANSWER Creates less high
value jobs in the USA and Americans makes less money
