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BUS 280 final Exam Questions and Answers Fully Solved Latest Version Good managers of overseas operations require different skill sets than do domestic managers. T/F - Answers True; Finding the right people to manage an organization can be difficult under any circumstances, but it is especially difficult to find good managers of overseas operations. Such positions require more and different skills than do purely domestic executive jobs. Guest workers are especially welcomed in countries when ...

BUS 280 Exam Questions and Answers Already Passed Latest Update Which of the following terms applies to the sale of a particular brand of jeans manufactured in the U.S. and sold in Canadian stores? - Answers Exporting A(n) ________ tariff is levied as a percentage of the stated price of an imported product. - Answers ad valorem The most common tariffs used today are the ________ tariffs - Answers import A tariff levied by the government of a country that a product is passing through on its ...

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BUS 280 Exam 1 Questions Grade A+ Which of the following is an uncontrollable external environmental force? production labor capital sociocultural - ANSWERSsociocultural Which of the following is 'not' a major driver leading international firms to globalize their operations? political competition workforce technological - ANSWERSworkforce When a country can produce a larger amount of a good or service for the same amount of inputs as another country or when...

Which of the following is defined as a group of people who share a unique way of life within a larger, dominant culture? A) macroculture B) subculture C) cultural universal D) monoculture - B. subculture Which of the following is a cultural component that implies gauging the beauty and appeal of artwork? A) customs B) mores C) folkways D) aesthetics - D. aesthetics Which of the following terms is used to refer to the ideas, beliefs, and customs to which people are emotionally attach...

The condition that results when the value of a nation's exports is greater than the value of its imports is called - trade surplus According to mercantilism, the accumulation of national wealth depended on the ________. - increase in a nation's trade surplus Which of the following is prompting farmers in many developed nations to discover new ways to manage risk and increase agricultural efficiency? - exposure of agribusiness to market forces Governments of most nations have special...

the most common definition of globalization is that of: - Economic globalization - the international integration of goods, technology, labor, and capital. Operating across borders and time zones could complicate the job of coordinating and controlling international business activities especially for smaller firms. To operate more efficiently, international companies tend to ________. - accelerate the use of technology, email, video conferencing, the Internet, and intranets is the name we g...

1) Which of the following terms applies to the sale of a particular brand of jeans manufactured in the U.S. and sold in Canadian stores? A) exporting B) outsourcing C) insourcing D) importing - A 2) A business that has direct investments (in the form of marketing or manufacturing subsidiaries) abroad in several countries is called a ________. A) dummy corporation B) shell corporation C) multinational corporation D) domestic corporation - C 3) The rise of a new international entity ca...

Which of the following is the intentional lowering of a currency's value by its government? A) revaluation B) devaluation C) currency hedging D) currency arbitrage - B) devaluation 32) Devaluation of a nation's currency ________. A) gives foreign companies in the country an edge over domestic companies B) leads to a decline in the supply of goods and services C) increases the price of a country's imports D) increases consumers' buying power - C) increases the price of a cou...