A business has recently started selling in a new global marketplace. Shortly after
the company made this global expansion, the new country opted to implement ad
valorem tariffs. How will this change affect the company? Ans✓✓✓ It will levy a
tax based on the value of goods imported, causing this company to export less.
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 business operating globally wants to increase its overall production efficiency.
Which strategy should the business use? Ans✓✓✓ Focus on specialization
A car manufacturing company manufacturers tires in Countries A, B, and C.
Country A has significant political turmoil that has resulted in a lengthy labor
strike. Countries B and C have ramped up production resulting in sustained tire
production for the company.
Which practice has the company used to optimize its production efficiency?
Ans✓✓✓ Multinational production
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 desires to scale its international business by taking over established
organizations in the intended markets.
Which strategy will allow this process to occur quickly? Ans✓✓✓ Acquisition
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 in the United States is considering a joint venture with a French
supplier and needs to learn about the accounting standards used in France. How
should the U.S. company approach this situation? Ans✓✓✓ Study the
International Financial Reporting Standards (IFRS) online
A company is concerned about source code theft of digital property. The company
is reviewing a law that governs this behavior. Which law is being reviewed by this
company? Ans✓✓✓ Intellectual property
A company is conducting a legal risk analysis for a country that has a civil law
system. Which statement accurately characterizes this legal system? Ans✓✓✓ It
is based on a detailed set of laws that form a code.
A company is considering using a direct distribution strategy.
, What is a disadvantage of this distribution strategy? Ans✓✓✓ Required to
arrange for transportation
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 is thinking about including online shopping to improve its ability to
reach global markets. It is closely examining the challenges associated with using
these web strategies before adopting the new process. Which challenge is
associated with this change? Ans✓✓✓ Communication barriers with global
audiences
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 pays a social influencer to post short videos about its products. The
social influencer has been asked to comply with the FTC recommendations while
communicating with the audience using this format.