BUS 390 Midterm exam with answers
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controllable forces - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔internal forces over which management does
|\ |\ |\ |\ |\ |\
have some control and can manage in response to
|\ |\ |\ |\ |\ |\ |\ |\ |\
changes in uncontrollable forces, such as human
|\ |\ |\ |\ |\ |\ |\
resources, finance, production, and marketing
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domestic environment - CORRECT ANSWERS ✔✔all
|\ |\ |\ |\ |\ |\
the uncontrollable forces originating in the home
|\ |\ |\ |\ |\ |\ |\
country that surround and influence the life and
|\ |\ |\ |\ |\ |\ |\ |\
development of the firm |\ |\ |\
economic globalization - CORRECT ANSWERS ✔✔the
|\ |\ |\ |\ |\
tendency toward an international integration and
|\ |\ |\ |\ |\ |\ |\
interdependency of goods, technology, |\ |\ |\ |\
information, labor, and capital, or the process of |\ |\ |\ |\ |\ |\ |\ |\
making this integration happen
|\ |\ |\
environment - CORRECT ANSWERS ✔✔all the forces |\ |\ |\ |\ |\ |\ |\
influencing the life and development of the firm
|\ |\ |\ |\ |\ |\ |\
exporting - CORRECT ANSWERS ✔✔the |\ |\ |\ |\ |\
transportation of any domestic good or service to a |\ |\ |\ |\ |\ |\ |\ |\
destination outside a country or region
|\ |\ |\ |\ |\ |\
,foreign business - CORRECT ANSWERS ✔✔denotes
|\ |\ |\ |\ |\ |\
the operations of a company outside its home or
|\ |\ |\ |\ |\ |\ |\ |\ |\
domestic market |\
Foreign Direct Investment (FDI) - CORRECT
|\ |\ |\ |\ |\ |\
ANSWERS ✔✔refers to direct investments in|\ |\ |\ |\ |\ |\
equipment, structures, and organizations in a |\ |\ |\ |\ |\ |\
foreign country at a level sufficient to obtain
|\ |\ |\ |\ |\ |\ |\ |\
significant management control |\ |\
foreign environment - CORRECT ANSWERS ✔✔refers
|\ |\ |\ |\ |\
to all the uncontrollable forces originating outside
|\ |\ |\ |\ |\ |\ |\ |\
the home country that surround and influence the
|\ |\ |\ |\ |\ |\ |\ |\
firm
importing - CORRECT ANSWERS ✔✔the |\ |\ |\ |\ |\
transportation of any good or service into a |\ |\ |\ |\ |\ |\ |\ |\
country or region, from a foreign origination point
|\ |\ |\ |\ |\ |\ |\
international business - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔business that is carried out across national |\ |\ |\ |\ |\ |\ |\
borders. includes international trade and foreign
|\ |\ |\ |\ |\ |\
manufacturing
, international company (IC) - CORRECT ANSWERS |\ |\ |\ |\ |\ |\
✔✔a company with operations in multiple nations
|\ |\ |\ |\ |\ |\
international environment - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔consists of the interactions between the|\ |\ |\ |\ |\ |\
domestic environmental forces and the foreign
|\ |\ |\ |\ |\ |\
environmental forces, as well as interactions |\ |\ |\ |\ |\ |\
between the foreign environmental forces of two
|\ |\ |\ |\ |\ |\ |\
countries
self-reference criterion - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔unconscious reference to the manager's own |\ |\ |\ |\ |\ |\
cultural values |\
transnational corporation - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔an enterprise made up of entities in more than
|\ |\ |\ |\ |\ |\ |\ |\ |\
one nation, operating under a decision making
|\ |\ |\ |\ |\ |\ |\
system that allows a common strategy and
|\ |\ |\ |\ |\ |\ |\
coherent policies |\
uncontrollable forces - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔external forces management has no direct|\ |\ |\ |\ |\ |\
control over, although it can exert influence - such
|\ |\ |\ |\ |\ |\ |\ |\ |\
as lobbying
|\
|\ |\ |\ |\ |\
controllable forces - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔internal forces over which management does
|\ |\ |\ |\ |\ |\
have some control and can manage in response to
|\ |\ |\ |\ |\ |\ |\ |\ |\
changes in uncontrollable forces, such as human
|\ |\ |\ |\ |\ |\ |\
resources, finance, production, and marketing
|\ |\ |\ |\
domestic environment - CORRECT ANSWERS ✔✔all
|\ |\ |\ |\ |\ |\
the uncontrollable forces originating in the home
|\ |\ |\ |\ |\ |\ |\
country that surround and influence the life and
|\ |\ |\ |\ |\ |\ |\ |\
development of the firm |\ |\ |\
economic globalization - CORRECT ANSWERS ✔✔the
|\ |\ |\ |\ |\
tendency toward an international integration and
|\ |\ |\ |\ |\ |\ |\
interdependency of goods, technology, |\ |\ |\ |\
information, labor, and capital, or the process of |\ |\ |\ |\ |\ |\ |\ |\
making this integration happen
|\ |\ |\
environment - CORRECT ANSWERS ✔✔all the forces |\ |\ |\ |\ |\ |\ |\
influencing the life and development of the firm
|\ |\ |\ |\ |\ |\ |\
exporting - CORRECT ANSWERS ✔✔the |\ |\ |\ |\ |\
transportation of any domestic good or service to a |\ |\ |\ |\ |\ |\ |\ |\
destination outside a country or region
|\ |\ |\ |\ |\ |\
,foreign business - CORRECT ANSWERS ✔✔denotes
|\ |\ |\ |\ |\ |\
the operations of a company outside its home or
|\ |\ |\ |\ |\ |\ |\ |\ |\
domestic market |\
Foreign Direct Investment (FDI) - CORRECT
|\ |\ |\ |\ |\ |\
ANSWERS ✔✔refers to direct investments in|\ |\ |\ |\ |\ |\
equipment, structures, and organizations in a |\ |\ |\ |\ |\ |\
foreign country at a level sufficient to obtain
|\ |\ |\ |\ |\ |\ |\ |\
significant management control |\ |\
foreign environment - CORRECT ANSWERS ✔✔refers
|\ |\ |\ |\ |\
to all the uncontrollable forces originating outside
|\ |\ |\ |\ |\ |\ |\ |\
the home country that surround and influence the
|\ |\ |\ |\ |\ |\ |\ |\
firm
importing - CORRECT ANSWERS ✔✔the |\ |\ |\ |\ |\
transportation of any good or service into a |\ |\ |\ |\ |\ |\ |\ |\
country or region, from a foreign origination point
|\ |\ |\ |\ |\ |\ |\
international business - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔business that is carried out across national |\ |\ |\ |\ |\ |\ |\
borders. includes international trade and foreign
|\ |\ |\ |\ |\ |\
manufacturing
, international company (IC) - CORRECT ANSWERS |\ |\ |\ |\ |\ |\
✔✔a company with operations in multiple nations
|\ |\ |\ |\ |\ |\
international environment - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔consists of the interactions between the|\ |\ |\ |\ |\ |\
domestic environmental forces and the foreign
|\ |\ |\ |\ |\ |\
environmental forces, as well as interactions |\ |\ |\ |\ |\ |\
between the foreign environmental forces of two
|\ |\ |\ |\ |\ |\ |\
countries
self-reference criterion - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔unconscious reference to the manager's own |\ |\ |\ |\ |\ |\
cultural values |\
transnational corporation - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔an enterprise made up of entities in more than
|\ |\ |\ |\ |\ |\ |\ |\ |\
one nation, operating under a decision making
|\ |\ |\ |\ |\ |\ |\
system that allows a common strategy and
|\ |\ |\ |\ |\ |\ |\
coherent policies |\
uncontrollable forces - CORRECT ANSWERS |\ |\ |\ |\ |\
✔✔external forces management has no direct|\ |\ |\ |\ |\ |\
control over, although it can exert influence - such
|\ |\ |\ |\ |\ |\ |\ |\ |\
as lobbying
|\
