MNB3701 SEMESTER 2 ASSIGNMENT 1 (2018) SOLUTIONS

MNB3701 – GLOBAL BUSINESS MANAGEMENT

SEMESTER 02 – 2018 – MCQs

ASSIGNMENT 01

This assignment consists of 30 multiple-choice questions that cover various chapters of the prescribed
book.

Question 1


Globalisation and economic openness are conducive to:


1. a reduction in income per capita;
2. increased income inequality;
3. an increase in economic and trade agreements;
4. low productivity growth.


Question 2


The following represent the forces driving globalisation, EXCEPT:

1. The liberalisation of cross-border trade and resource movements.
2. The development of services that support international business.
3. Threats to national sovereignty.
4. Growing consumer pressures.


Question 3


Anti-globalists are opposed to globalisation because of:


1. the conviction that terrorism thrives on poverty.
2. symbiotic trading arrangements between nation states.
3. the complexity of the international business environment.
4. their opposition to trade liberalisation.

Question 4

The purpose of the World Trade Organisation (WTO) is to:


1. encourage the economical dispersion of production activities.
2. promote global free trade.
3. monitor the partial exportation of finished products.
4. regulate international production costs.