BUSA 4000 (10) Questions with CORRECT Answers
Question:
Foreign Direct Investment (FDI)
Answer:
Strategy in which the firm establishes a physical presence abroad by acquiring
productive assets such as capital, technology, labor, land, plant, and equipment.
Question:
International Collaborative Venture
Answer:
A crossborder business alliance in which partnering firms pool their resources and
share costs and risks of a venture.
Question:
Examples of FDI
Answer:
Volkswagen spent $1 billion to build a factory in Poland to manufacture delivery
vans.
Question:
Examples of FDI
Answer:
Denmark's Lego Group spent more than 100 million euros to build a toy factory in
China
Question:
Examples of FDI
Answer:
Japan's Toshiba formed a joint venture with the U.S. firm United Technologies to
establish R&D centers in Europe and India to support joint innovation in the
heating and air conditioning industry
, Question:
Vertical Integration
Answer:
The firm owns, or seeks to own, multiple stages of a value chain for producing,
selling, and delivering a product. E.g., Toyota owns some Toyota car dealerships
around the world. Ford once owned steel mills that produced steel used to make
Ford cars
Question:
Horizontal Integration
Answer:
Arrangement whereby the firm owns, or seeks to own, the activities involved in a
single state of its value chain. E.g., Microsoft acquired a Montrealbased firm
that makes software used to create movie animation.
Question:
Organizing Framework
Answer:
Corporate Governance -> Ethics, Corporate Social Responsibility, Sustainability
Question:
A major or severe concern in the global activities of a large proportion of MNE's.
Bribery
Answer:
refers to offering, giving, receiving, or soliciting anything of value to
influence the actions of a government official or a corporate manager.
Question:
Normativism
Answer:
The belief that ethical behavioral standards are universal, and firms and
individuals should seek to uphold them around the world.
Question:
Corporate Social Responsibility (CSR)
Answer:
Operating a business to meet or exceed the ethical, legal, commercial, and public
expectations of customers, shareholders, employees, and communities.
Question:
Foreign Direct Investment (FDI)
Answer:
Strategy in which the firm establishes a physical presence abroad by acquiring
productive assets such as capital, technology, labor, land, plant, and equipment.
Question:
International Collaborative Venture
Answer:
A crossborder business alliance in which partnering firms pool their resources and
share costs and risks of a venture.
Question:
Examples of FDI
Answer:
Volkswagen spent $1 billion to build a factory in Poland to manufacture delivery
vans.
Question:
Examples of FDI
Answer:
Denmark's Lego Group spent more than 100 million euros to build a toy factory in
China
Question:
Examples of FDI
Answer:
Japan's Toshiba formed a joint venture with the U.S. firm United Technologies to
establish R&D centers in Europe and India to support joint innovation in the
heating and air conditioning industry
, Question:
Vertical Integration
Answer:
The firm owns, or seeks to own, multiple stages of a value chain for producing,
selling, and delivering a product. E.g., Toyota owns some Toyota car dealerships
around the world. Ford once owned steel mills that produced steel used to make
Ford cars
Question:
Horizontal Integration
Answer:
Arrangement whereby the firm owns, or seeks to own, the activities involved in a
single state of its value chain. E.g., Microsoft acquired a Montrealbased firm
that makes software used to create movie animation.
Question:
Organizing Framework
Answer:
Corporate Governance -> Ethics, Corporate Social Responsibility, Sustainability
Question:
A major or severe concern in the global activities of a large proportion of MNE's.
Bribery
Answer:
refers to offering, giving, receiving, or soliciting anything of value to
influence the actions of a government official or a corporate manager.
Question:
Normativism
Answer:
The belief that ethical behavioral standards are universal, and firms and
individuals should seek to uphold them around the world.
Question:
Corporate Social Responsibility (CSR)
Answer:
Operating a business to meet or exceed the ethical, legal, commercial, and public
expectations of customers, shareholders, employees, and communities.
