1|Page
D270 Davis Midterm Questions with 100% Verified Answers
UPDATED!!!
The broadening set of interdependent relationships among
people from different parts of the world is known as ________.
A) globalization
B) offshoring
C) franchising
D) outsourcing - ANSWER A
The broadening set of interdependent relationships among
people from different parts of the world is known as ________.
A) globalization
B) offshoring
C) franchising
D) outsourcing - ANSWER C
Which of the following is NOT a likely reason to study
international business?
A) Global events affect almost all companies.
,2|Page
B) Differences among countries in physical, social, and
competitive conditions may cause companies to alter their
operating methods from country to country.
C) Business conducted outside the confines of any one country
is inexplicably on the decline.
D) Firms may be better able to obtain better or less expensive
resources by operating internationally. - ANSWER C
) In terms of international business, it is most accurate to say
that ________.
A) there is a universal "best way" to conduct business
B) global competition affects large companies but not small
ones
C) most firms depend either on foreign markets and supplies or
compete against companies that do
D) government regulation of international business has little
effect on a company's profits - ANSWER C
Devon, an accounts manager at a large electronics firm, does
not have any direct international responsibilities. However,
Devon would most likely benefit from studying international
business issues so that he can ________.
A) conduct better job interviews
,3|Page
B) better understand how foreign operations affect the
company's competitive position
C) supervise and evaluate subordinates who have global
assignments
D) understand the legalities of importing and exporting
products overseas - ANSWER B
The shifting of national borders has most likely created which of
the following situations for international business?
A) It has left rural residents more isolated from technology.
B) It has complicated the understanding of behavioral factors
affecting business.
C) It has increased physical barriers to exporting.
D) It has slowed communications between a company's
headquarters and foreign operations. - ANSWER C
Which of the following is an indication of the increased
globalization of business since the end of World War II?
A) Foreign trade has largely replaced foreign ownership as a
means of conducting international business.
B) World trade has grown more rapidly than world production.
C) Globally, consumers now depend on foreign output for more
than half their consumption.
, 4|Page
D) Countries have increased their import restrictions to counter
the rising tide of imports. - ANSWER B
Most of the world's goods and services are sold ________.
A) in international markets
B) in the countries where they are produced
C) through exports to small countries
D) through exports to large countries - ANSWER B
According to the A.T. Kearny/Foreign Policy Globalization Index,
countries ________.
A) tend to be ranked similarly on all four dimensions
B) are more globalized on the political dimension than on
personal contact
C) that are large in land mass and population are less globalized
than small countries
D) sometimes rank high on one dimension and low on another -
ANSWER D
Which of the following has NOT been a major force increasing
globalization in recent decades?
A) liberalization of cross-border trade
D270 Davis Midterm Questions with 100% Verified Answers
UPDATED!!!
The broadening set of interdependent relationships among
people from different parts of the world is known as ________.
A) globalization
B) offshoring
C) franchising
D) outsourcing - ANSWER A
The broadening set of interdependent relationships among
people from different parts of the world is known as ________.
A) globalization
B) offshoring
C) franchising
D) outsourcing - ANSWER C
Which of the following is NOT a likely reason to study
international business?
A) Global events affect almost all companies.
,2|Page
B) Differences among countries in physical, social, and
competitive conditions may cause companies to alter their
operating methods from country to country.
C) Business conducted outside the confines of any one country
is inexplicably on the decline.
D) Firms may be better able to obtain better or less expensive
resources by operating internationally. - ANSWER C
) In terms of international business, it is most accurate to say
that ________.
A) there is a universal "best way" to conduct business
B) global competition affects large companies but not small
ones
C) most firms depend either on foreign markets and supplies or
compete against companies that do
D) government regulation of international business has little
effect on a company's profits - ANSWER C
Devon, an accounts manager at a large electronics firm, does
not have any direct international responsibilities. However,
Devon would most likely benefit from studying international
business issues so that he can ________.
A) conduct better job interviews
,3|Page
B) better understand how foreign operations affect the
company's competitive position
C) supervise and evaluate subordinates who have global
assignments
D) understand the legalities of importing and exporting
products overseas - ANSWER B
The shifting of national borders has most likely created which of
the following situations for international business?
A) It has left rural residents more isolated from technology.
B) It has complicated the understanding of behavioral factors
affecting business.
C) It has increased physical barriers to exporting.
D) It has slowed communications between a company's
headquarters and foreign operations. - ANSWER C
Which of the following is an indication of the increased
globalization of business since the end of World War II?
A) Foreign trade has largely replaced foreign ownership as a
means of conducting international business.
B) World trade has grown more rapidly than world production.
C) Globally, consumers now depend on foreign output for more
than half their consumption.
, 4|Page
D) Countries have increased their import restrictions to counter
the rising tide of imports. - ANSWER B
Most of the world's goods and services are sold ________.
A) in international markets
B) in the countries where they are produced
C) through exports to small countries
D) through exports to large countries - ANSWER B
According to the A.T. Kearny/Foreign Policy Globalization Index,
countries ________.
A) tend to be ranked similarly on all four dimensions
B) are more globalized on the political dimension than on
personal contact
C) that are large in land mass and population are less globalized
than small countries
D) sometimes rank high on one dimension and low on another -
ANSWER D
Which of the following has NOT been a major force increasing
globalization in recent decades?
A) liberalization of cross-border trade
