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The broadening set of interdependent relationships among
people from different parts of the world is known as
________.
A) globalization
B) offshoring
C) franchising
D) outsourcing - ANSWER-A
,The broadening set of interdependent relationships among
people from different parts of the world is known as
________.
A) globalization
B) offshoring
C) franchising
D) outsourcing - ANSWER-C
Which of the following is NOT a likely reason to study
international business?
A) Global events affect almost all companies.
B) Differences among countries in physical, social, and
competitive conditions may cause companies to alter their
operating methods from country to country.
,C) Business conducted outside the confines of any one
country is inexplicably on the decline.
D) Firms may be better able to obtain better or less
expensive resources by operating internationally. -
ANSWER-C
) In terms of international business, it is most accurate to
say that ________.
A) there is a universal "best way" to conduct business
B) global competition affects large companies but not
small ones
C) most firms depend either on foreign markets and
supplies or compete against companies that do
, D) government regulation of international business has
little effect on a company's profits - ANSWER-C
Devon, an accounts manager at a large electronics firm,
does not have any direct international responsibilities.
However, Devon would most likely benefit from studying
international business issues so that he can ________.
A) conduct better job interviews
B) better understand how foreign operations affect the
company's competitive position
C) supervise and evaluate subordinates who have global
assignments
D) understand the legalities of importing and exporting
products overseas - ANSWER-B