IBUS 401 TEST 1 ACTUAL EXAM PAPER 2026
QUESTIONS AND COMPLETE VERIFIED
ANSWERS
◉ According to 'The Greek Sovereign Debt Crisis,' if a country's 10-
year bonds reached high number, such as 34%, it usually indicates
that many investors expect the country to default on its sovereign
debt. True or False? Answer: True
◉ According to 'Procter & Gamble' story, extensive duplication of
manufacturing, marketing, and administrative facilities in different
national markets was to respond to high tariff duties set forth by
other countries, such as Germany.True or False? Answer: False
◉ RE: Tomato Wars
In 2013, the US Commerce Department announced a preliminary
decision to scrap the 1996 minimum agreement between US and
Mexico. True or False? Answer: False
◉ RE: The Story of Bottled Water
Advertisement of 'Nesle' once said:
, "Bottled water is the most environmentally responsible consumer
product in the world." True or False? Answer: True
◉ RE: Regional Trade Deals and The Mexican Auto Industry
Everyone in the US is happy with growth of auto industry in Mexico
because Mexico is a member of NAFTA. True or False? Answer: False
◉ According to the NUMMI story, which statement is true?
Correct! Answer: In the early 1980s, Toyota wanted to start
producing cars in the US. Toyota chose the GM plant known for Sex,
drugs, and alcohol for the joint venture project.
◉ The economic development boards of Singapore and Malaysia and
China and many of these countries are visiting regularly the
executives of US companies so that US companies would invest in
their (Singapore, Malaysia, China and so forth) countries. Yet, US
companies make investment decision based on free trade, the
'invisible hands' concept. True or False? Answer: False
◉ RE: Amazon - A Leader in Global Supply Chain Management
QUESTIONS AND COMPLETE VERIFIED
ANSWERS
◉ According to 'The Greek Sovereign Debt Crisis,' if a country's 10-
year bonds reached high number, such as 34%, it usually indicates
that many investors expect the country to default on its sovereign
debt. True or False? Answer: True
◉ According to 'Procter & Gamble' story, extensive duplication of
manufacturing, marketing, and administrative facilities in different
national markets was to respond to high tariff duties set forth by
other countries, such as Germany.True or False? Answer: False
◉ RE: Tomato Wars
In 2013, the US Commerce Department announced a preliminary
decision to scrap the 1996 minimum agreement between US and
Mexico. True or False? Answer: False
◉ RE: The Story of Bottled Water
Advertisement of 'Nesle' once said:
, "Bottled water is the most environmentally responsible consumer
product in the world." True or False? Answer: True
◉ RE: Regional Trade Deals and The Mexican Auto Industry
Everyone in the US is happy with growth of auto industry in Mexico
because Mexico is a member of NAFTA. True or False? Answer: False
◉ According to the NUMMI story, which statement is true?
Correct! Answer: In the early 1980s, Toyota wanted to start
producing cars in the US. Toyota chose the GM plant known for Sex,
drugs, and alcohol for the joint venture project.
◉ The economic development boards of Singapore and Malaysia and
China and many of these countries are visiting regularly the
executives of US companies so that US companies would invest in
their (Singapore, Malaysia, China and so forth) countries. Yet, US
companies make investment decision based on free trade, the
'invisible hands' concept. True or False? Answer: False
◉ RE: Amazon - A Leader in Global Supply Chain Management
