questions with verified answers
A business is entering a global market at the same time it has been trying to
improve its level of corporate social responsibility (CSR).
Which CSR goal should this company remember during this process? Ans✓✓✓
Increase shareholder trust via high ethical standards
A community has the skills and ability to access computers and the internet but
does not value that form of technology. A company is trying to change the
situation in order to facilitate increased online transactions.
Which stage of the digital divide is the company hoping to correct? Ans✓✓✓
Empowerment
A company has entered several foreign markets and maintains the same branding
in all of them.
What is the term for this marketing strategy? Ans✓✓✓ Standardization
A company headquartered in the United States is considering expanding its
activities into a different country that follows the same legal system as most
states in the United States.
Which country is suited for this expansion? Ans✓✓✓ Australia
, A company is evaluating where it will locate its next facility to minimize its
distribution shipping costs.
Which factor must the company consider as part of this decision? Ans✓✓✓
Value-to-weight ratio
A company is interested in working with the technology that will allow consumers
to privately and securely store personal information such as social security and
credit card numbers, making it accessible around the world.
Which piece of technology is of interest to this company? Ans✓✓✓ Blockchain
A company located in the United States ships its products to a country overseas.
Frequent bad weather causes significant delays, thus leading to reduced profits.
As a result, the company wants to encourage leadership to consider adding a
location in this overseas country.
Which strategy solves this problem? Ans✓✓✓ Centralized manufacturing
A company paid millions of dollars to a government in reparation for an oil spill.
Which law did the company breach? Ans✓✓✓ Clean Water Act
A company that is located in Country A would like to sell products in Country B.
The government of Country B is pushing for a tariff-based international trade
agreement on the product.