IB 300 Test and answers well graded
100%
A survey of CEOs of the 162 largest firms on fortunes list of the 500 largest American corporations
found that the CEOs strongly believed - ANS✅✅1. an international orientation should be an
important part of college business education.
2. international business skills and knowledge were important not merely for promotion to senior
executive positions but also for appointment to entry-level positions, and across a broad array of
functional as well as cross-functional areas.
3. the importance indicated in the preceding points was magnified for companies that anticipated
increasing importance of international activities in the next five years.
A survey of CEOs of the 162 largest firms on Fortune's list of the 500 largest American corporations
found that for developing international skills, respondents believed that a number of courses in the
international business curriculum are relevant to their companies, including courses on topics
related to: - ANS✅✅-international strategy and competiveness
- international legal and political issues
- international negotiation
- and foreign languages.
managers in companies with no foreign operations of any kind still need a global perspective, for all
of the following reasons except - ANS✅✅it will enable them to be effective leaders across
different cultures and political systems.
you can improve your chances for obtaining an overseas post by doing all of the following: -
ANS✅✅-taking IB classes, perhaps leading to a degree in an IB-related field.
-Going abroad to study, to work ( business intern, teacher, or even bartender or child care provider).
-volunteer in community development activities
the increased internationalization of business requires ____ to have a basic knowledge of
international business. - ANS✅✅all managers
an international business - ANS✅✅business that is carried out across national boarders.
, foreign business denotes - ANS✅✅the operations of a company outside its home or domestic
market.
international business differs from domestic business in that a firm operating across borders must
deal with - ANS✅✅-3 kinds of environments- domestic, foreign, and international.
environment as used in the textbook is the forces surrounding and influencing the life and
development of the firm and is classified as - ANS✅✅-External (uncontrollable) forces or Internal
(controllable) forces
international environment - ANS✅✅-interaction between domestic and foreign environmental
forces, as well as,
-interactions between the foreign environmental forces of two countries.
Foreign direct investment (FDI) from the United States to the rest of the world reached a record high
of $1.4 trillion from 2010 to 2013. This volume of FDI was _________ - ANS✅✅23% larger than in
2010.
according to the exporter data base, small and medium-sized enterprises accounted for _____ of all
US exporters. - ANS✅✅nearly 98%
regarding the volume of international trade, exports of US goods and services ____ . - ANS✅✅was
13X larger in 2014 than in 1990 (2.3T)
the level of service exports in 2013, worldwide, was - ANS✅✅$4.7T
in examining the volume of international trade - ANS✅✅the proportion of manufacturing value
added generated by south and east asia has quadrupled since 1980
the proportion of world trade accounted for by N America has evidenced ___ since 1980. -
ANS✅✅a 1/3 increase
the proportion of world trade in services accounted for by the european union has evidenced ___
since 1980. - ANS✅✅decline
100%
A survey of CEOs of the 162 largest firms on fortunes list of the 500 largest American corporations
found that the CEOs strongly believed - ANS✅✅1. an international orientation should be an
important part of college business education.
2. international business skills and knowledge were important not merely for promotion to senior
executive positions but also for appointment to entry-level positions, and across a broad array of
functional as well as cross-functional areas.
3. the importance indicated in the preceding points was magnified for companies that anticipated
increasing importance of international activities in the next five years.
A survey of CEOs of the 162 largest firms on Fortune's list of the 500 largest American corporations
found that for developing international skills, respondents believed that a number of courses in the
international business curriculum are relevant to their companies, including courses on topics
related to: - ANS✅✅-international strategy and competiveness
- international legal and political issues
- international negotiation
- and foreign languages.
managers in companies with no foreign operations of any kind still need a global perspective, for all
of the following reasons except - ANS✅✅it will enable them to be effective leaders across
different cultures and political systems.
you can improve your chances for obtaining an overseas post by doing all of the following: -
ANS✅✅-taking IB classes, perhaps leading to a degree in an IB-related field.
-Going abroad to study, to work ( business intern, teacher, or even bartender or child care provider).
-volunteer in community development activities
the increased internationalization of business requires ____ to have a basic knowledge of
international business. - ANS✅✅all managers
an international business - ANS✅✅business that is carried out across national boarders.
, foreign business denotes - ANS✅✅the operations of a company outside its home or domestic
market.
international business differs from domestic business in that a firm operating across borders must
deal with - ANS✅✅-3 kinds of environments- domestic, foreign, and international.
environment as used in the textbook is the forces surrounding and influencing the life and
development of the firm and is classified as - ANS✅✅-External (uncontrollable) forces or Internal
(controllable) forces
international environment - ANS✅✅-interaction between domestic and foreign environmental
forces, as well as,
-interactions between the foreign environmental forces of two countries.
Foreign direct investment (FDI) from the United States to the rest of the world reached a record high
of $1.4 trillion from 2010 to 2013. This volume of FDI was _________ - ANS✅✅23% larger than in
2010.
according to the exporter data base, small and medium-sized enterprises accounted for _____ of all
US exporters. - ANS✅✅nearly 98%
regarding the volume of international trade, exports of US goods and services ____ . - ANS✅✅was
13X larger in 2014 than in 1990 (2.3T)
the level of service exports in 2013, worldwide, was - ANS✅✅$4.7T
in examining the volume of international trade - ANS✅✅the proportion of manufacturing value
added generated by south and east asia has quadrupled since 1980
the proportion of world trade accounted for by N America has evidenced ___ since 1980. -
ANS✅✅a 1/3 increase
the proportion of world trade in services accounted for by the european union has evidenced ___
since 1980. - ANS✅✅decline
