(QHC1) (PQHC) 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?
A. Increase shareholder trust via high ethical standards
B. Improve public trust in regions experiencing low profits from global
competition
C. Enhance shareholder value of global corporations through social marketing
D. Expand corporate charitable giving in underserved communities
Legal and Ethical Considerations - 11%
Ethical Considerations Ans✓✓✓ A. 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?
A. Transparency
B. Code of ethics
C. Corporate social responsibility
,D. Ethical resolutions
Legal and Ethical Considerations - 11%
Ethical Considerations Ans✓✓✓ B. 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?
A. Economic
B. Usability
C. Empowerment
D. Accessibility
Technologies and Trends - 10%
Impact of Technology Ans✓✓✓ C. 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?
A. Adaptation
,B. Standardization
C. Expansion
D. Glocalization
Business Strategies - 26%
Entry Strategies for Foreign Markets Ans✓✓✓ B. 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?
A. Value-to-weight ratio
B. Minimum efficient scale
C. Fixed costs
D. Financial incentives
Global Business Practices - 17%
Global Production and Supply Chain Practices Ans✓✓✓ A. 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?
, A. Blockchain
B. Antivirus software
C. Artificial intelligence
D. Virtual reality
Technologies and Trends - 10%
Impact of Technology Ans✓✓✓ A. 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?
A. Market growth
B. Flexible sourcing
C. Economies of scale
D. Decentralized manufacturing
Business Strategies - 26%
Entry Strategies for Foreign Markets Ans✓✓✓ D. Decentralized manufacturing