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 CEO of a multinational corporation tells employees that they are expected to
follow the organization's values, remember the mission, and adapt behaviors to
be in alignment with the vision and mission, regardless of the situation.
Which ethical standard is being stressed by this company? Ans✓✓✓ Code of
ethics
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 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✓✓✓ Decentralized manufacturing
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.
What is the reasoning behind Country B's decision? Ans✓✓✓ Country B seeks to
protect its economy and give it the opportunity for long-term expansion.
A company wants to hold a direct operating presence in a foreign country, so it
buys a company in the target country and runs the operations.