BUSI 3250 AUBURN LATEST
EXAM 1
an international company (IC) is a company headquartered in another
nation - ANSWERS-false
As used in the text, the term environment means all the forces
influencing the life and development of the firm - ANSWERS-true
lobbyists who advocate for new laws that will affect the production of a
business are an example if an internal force - ANSWERS-false
those who work in the international environment find that decision
making is more complex than it is in a purely domestic environment -
ANSWERS-true
Britain was the world's leading manufacturing country for about 1,800
years, until it was replaced by the United States in the 1800s -
ANSWERS-false
the advent of globalization has had minimal effect on labor standards
around the world - ANSWERS-false
END OF
PAGE
1
, BUSI 3250 AUBURN LATEST
EXAM 1
opponents of free trade point out that globalization has contributed to a
decline in environmental and health conditions - ANSWERS-true
what is an example of an internal force that can affect a company's
environment - ANSWERS-human resources
Gabriel Industries is located near a port city which allows it to ship
products easily overseas to its international customers. The geographic
location of the company is an example of a(n) - ANSWERS-external
force
which of the environments associated with a company refers to the
uncontrollable forces originating outside the home country? -
ANSWERS-foreign
the proportion of world trade coming from North America, Latin
America, Africa, and the Middle East has decreased since 1983 -
ANSWERS-true
thanks in part to communication advancements, international trade has
stabilized and become evenly distributed across all countries of the
world - ANSWERS-false
END OF
PAGE
2
EXAM 1
an international company (IC) is a company headquartered in another
nation - ANSWERS-false
As used in the text, the term environment means all the forces
influencing the life and development of the firm - ANSWERS-true
lobbyists who advocate for new laws that will affect the production of a
business are an example if an internal force - ANSWERS-false
those who work in the international environment find that decision
making is more complex than it is in a purely domestic environment -
ANSWERS-true
Britain was the world's leading manufacturing country for about 1,800
years, until it was replaced by the United States in the 1800s -
ANSWERS-false
the advent of globalization has had minimal effect on labor standards
around the world - ANSWERS-false
END OF
PAGE
1
, BUSI 3250 AUBURN LATEST
EXAM 1
opponents of free trade point out that globalization has contributed to a
decline in environmental and health conditions - ANSWERS-true
what is an example of an internal force that can affect a company's
environment - ANSWERS-human resources
Gabriel Industries is located near a port city which allows it to ship
products easily overseas to its international customers. The geographic
location of the company is an example of a(n) - ANSWERS-external
force
which of the environments associated with a company refers to the
uncontrollable forces originating outside the home country? -
ANSWERS-foreign
the proportion of world trade coming from North America, Latin
America, Africa, and the Middle East has decreased since 1983 -
ANSWERS-true
thanks in part to communication advancements, international trade has
stabilized and become evenly distributed across all countries of the
world - ANSWERS-false
END OF
PAGE
2
