MAR 3600 Exam 1 Questions and Answers Latest Update 2025-2026
In helping identify ethical problems, the firm's code of conduct should be tailored to match the norms of
each individual region from which the firm operates. - AnswersFalse
Which of the following contributes LEAST to increasing a company's profit margins? - AnswersIncreasing
global competition
Early multinationals from the third phase of globalization originated in ________. - AnswersNOT "Brazil"
________ refers to the transfer of assets to another country or the acquisition of assets in that country. -
AnswersInternational investment
As Vice President of Global Expansion for Pax Telecom, Deva Mikiri is tasked with preparing a
comprehensive report on the company's global operations over the past twenty years. Deva assigns
three strategists to collaborate on the History portion of the report, which details the rationale behind
Pax's decisions to expand operations in particular areas. Rashid Ahl focuses on early expansion to China,
which occurred after China began to make its market more accessible to foreign companies. Markus
Teller focuses on Pax's expansion to Eastern Europe, which was motivated by increased industry
privatization in key countries. Lavonne Jackson focuses on expansion to Japan, which happened when
the company's commercial bank expanded its service network to Asia.To which of the following drivers
of market globalization is Markus most likely to attribute his company's expansion to Eastern Europe? -
AnswersMarket liberalization
Standards of ethical behavior are uniform worldwide. - AnswersFalse
Which of the following is a driver of globalization? - AnswersNOT "internationalization of firm's value
chains"
A restaurant chain based in Hong Kong plans to open a series of restaurants in the United States to gain
access to low-cost capital for its expansion efforts. Which of the following, if true, would most strongly
support the claim that establishing U.S. operations would NOT be the best choice for providing the chain
access to the low-cost capital it seeks? - AnswersU.S. funding sources are more expensive than capital
sources in many other promising locations
Which of the following best explains why the Japanese firm Canon relocated much of its production to
China? - AnswersLow-cost labor
Widespread corruption hinders economic development. - AnswersTrue
When applying the five-step framework for making ethical decisions, managers should, at first,
________. - AnswersRecognize the ethical problem
International business today is predominantly the domain of large, multinational companies. -
AnswersFalse
In helping identify ethical problems, the firm's code of conduct should be tailored to match the norms of
each individual region from which the firm operates. - AnswersFalse
Which of the following contributes LEAST to increasing a company's profit margins? - AnswersIncreasing
global competition
Early multinationals from the third phase of globalization originated in ________. - AnswersNOT "Brazil"
________ refers to the transfer of assets to another country or the acquisition of assets in that country. -
AnswersInternational investment
As Vice President of Global Expansion for Pax Telecom, Deva Mikiri is tasked with preparing a
comprehensive report on the company's global operations over the past twenty years. Deva assigns
three strategists to collaborate on the History portion of the report, which details the rationale behind
Pax's decisions to expand operations in particular areas. Rashid Ahl focuses on early expansion to China,
which occurred after China began to make its market more accessible to foreign companies. Markus
Teller focuses on Pax's expansion to Eastern Europe, which was motivated by increased industry
privatization in key countries. Lavonne Jackson focuses on expansion to Japan, which happened when
the company's commercial bank expanded its service network to Asia.To which of the following drivers
of market globalization is Markus most likely to attribute his company's expansion to Eastern Europe? -
AnswersMarket liberalization
Standards of ethical behavior are uniform worldwide. - AnswersFalse
Which of the following is a driver of globalization? - AnswersNOT "internationalization of firm's value
chains"
A restaurant chain based in Hong Kong plans to open a series of restaurants in the United States to gain
access to low-cost capital for its expansion efforts. Which of the following, if true, would most strongly
support the claim that establishing U.S. operations would NOT be the best choice for providing the chain
access to the low-cost capital it seeks? - AnswersU.S. funding sources are more expensive than capital
sources in many other promising locations
Which of the following best explains why the Japanese firm Canon relocated much of its production to
China? - AnswersLow-cost labor
Widespread corruption hinders economic development. - AnswersTrue
When applying the five-step framework for making ethical decisions, managers should, at first,
________. - AnswersRecognize the ethical problem
International business today is predominantly the domain of large, multinational companies. -
AnswersFalse
