D270 DAVIS
MIDTERM
,• The broadening set of interdependent relationships
among people from different parts of the world is known
as .
• globalization
• offshoring
• franchising
• outsourcing ANSWER A
• The broadening set of interdependent relationships
among people from different parts of the world is known
as .
• globalization
• offshoring
• franchising
• outsourcing ANSWER C
• Which of the following is NOT a likely reason to study
international business?
• Global events affect almost all companies.
,• Differences among countries in physical, social, and
competitive conditions may cause companies to alter their
operating methods from country to coun- try.
• Business conducted outside the confines of any one
country is inexplicably on the decline.
• 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
• there is a universal "best way" to conduct business
• global competition affects large companies but not small
ones
• most firms depend either on foreign markets and
supplies or compete against companies that do
• government regulation of international business has
little effect on a com- pany'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 .
• conduct better job interviews
• better understand how foreign operations affect the
company's competitive position
• supervise and evaluate subordinates who have global
assignments
• 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?
• It has left rural residents more isolated from technology.
• It has complicated the understanding of behavioral
factors affecting busi- ness.
MIDTERM
,• The broadening set of interdependent relationships
among people from different parts of the world is known
as .
• globalization
• offshoring
• franchising
• outsourcing ANSWER A
• The broadening set of interdependent relationships
among people from different parts of the world is known
as .
• globalization
• offshoring
• franchising
• outsourcing ANSWER C
• Which of the following is NOT a likely reason to study
international business?
• Global events affect almost all companies.
,• Differences among countries in physical, social, and
competitive conditions may cause companies to alter their
operating methods from country to coun- try.
• Business conducted outside the confines of any one
country is inexplicably on the decline.
• 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
• there is a universal "best way" to conduct business
• global competition affects large companies but not small
ones
• most firms depend either on foreign markets and
supplies or compete against companies that do
• government regulation of international business has
little effect on a com- pany'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 .
• conduct better job interviews
• better understand how foreign operations affect the
company's competitive position
• supervise and evaluate subordinates who have global
assignments
• 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?
• It has left rural residents more isolated from technology.
• It has complicated the understanding of behavioral
factors affecting busi- ness.
