- Study guides, Class notes & Summaries

IBUS 201 Exam questions and answers Graded A+| 2026 Updated GATT (General Agreement on Tariffs and Trade) - originated after world war two to reduce tariffs and barriers on foreign direct investment WTO (World Trade Organization) - product of 8th round of GATT meetings - 1994 streamlines GATT, enforces free trade, monitors trade disputes, and promotes free trade Moores Law - the observation that computing power roughly doubles every two years. Mercantilism - A countries best ...

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6 pages

Written in 2025/2026

Grade A+

Wisegrades

IBUS 310 Midterm Exam questions and answers Graded A+| 2026 Updated Globalization - the increasing interconnectedness and interdependence of world economies, cultures, and populations, driven by cross-border trade in goods, services, technology, and capital flows. Glocalization - the practice of conducting business according to both local and global considerations. The Flattening of the World - Thomas Freidman. a metaphor for the profound, technological, and geopolitical shifts t...

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24 pages

Written in 2025/2026

Grade A+

Wisegrades

IBUS 300 Concept Check 1 (Ch. 1-4) Exam With Complete Solutions...

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13 pages

Written in 2026/2027

Grade A+

Zayla

IBUS2101 Final Exam Questions & Answers – 2026 Update | 100% Correct Strategy - The quest to gain and sustain competitive advantage, and create value whilst containing cost Strategy - Internal Environment - Market position and competitiveness; competencies; capabilites; resource strengths and weaknesses Strategy - External Environment - Industry and competitive conditions; forces acting to reshape the environment International Business Strategy - Businesses must learn to operate in mu...

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16 pages

Written in 2025/2026

Grade A+

NursingAcademy

IBUS Final Exam Questions & Answers – 2026 Update | 100% Correct Corporate Strategy: Diversification Exists when an organization participates in multiple businesses that are in some way distinct from each other. Its is about creating portfolios of businesses. These businesses can be related or unrelated. Corporate Strategy: Synergies Exists when the interaction of two or more activities, such as those in a business, create a combined effe

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12 pages

Written in 2025/2026

Grade A+

NursingAcademy

IBUS Final Exam Questions & Answers – 2026 Update | 100% Correct

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10 pages

Written in 2025/2026

Grade A+

NursingAcademy

IBUS 310 terms Exam Questions & Answers – 2026 Update | 100% Correct FDI - A firm directly invests in a foreign asset over which it has effective control Globalization - Increased interconnectedness, the flattening of the world, and the introduction of GVCs Semi-Globalization -

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10 pages

Written in 2025/2026

Grade A+

NursingAcademy

IBUS 310 pt. 2Exam Questions & Answers – 2026 Update | 100% Correct DDD Framework - -Deployment -Development -Deepening Deployment - Home market competitive advantage in new geographic location Development - New source of competitive advantage using tech & market knowledge Deepening - Existing advanta

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12 pages

Written in 2025/2026

Grade A+

NursingAcademy

IB Business 5.4/5.6 Exam Questions & Answers – 2026 Update | 100% Correct Outsourcing - Contracting outside firms to handle functions. Strengths of Outsourcing - Specialist expertise, lower costs, flexibility. Weaknesses of Outsourcing - Less control, quality/security risks. Offshoring - Relocating business functions overseas. Strengths of Offshoring - Cheaper labor, access to new markets. Weaknesses of Offshoring - Political/

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4 pages

Written in 2025/2026

Grade A+

NursingAcademy

IBUS 300 Midterm Exam Questions & Answers – 2026 Update | 100% Correct Globalization - The shift from distinct national markets and production systems toward one integrated global market. Globalization of Markets - Historically separate national markets merge into one global marketplace; enabled by internet and global media. Globalization of Producti

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8 pages

Written in 2025/2026

Grade A+

NursingAcademy

IBUS 300 Midterm Exam Questions & Answers – 2026 Update | 100% Correct Globalization - The shift FROM distinct national markets/economic units TO one huge global market. Occurs in two ways: (1) Globalization of Markets and (2) Globalization of Production. Globalization of Markets - Historically distinct and separate national markets are merging into ONE giant global market. Made possible by the internet, common consumer tastes, and global brands. Globalization of Producti

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26 pages

Written in 2025/2026

Grade A+

NursingAcademy

IBUS 300 Concept Check 1Exam Questions & Answers – 2026 Update | 100% Correct What is International Business (IB) mainly about? - Managing complexity and uncertainty from cross-border activities What is a Multinational Enterprise (MNE)? - A firm that uses foreign direct investment (FDI) to operate or own assets in other countries What is globalization? - The broadening and deepening of global interactions and interdependence Broadening (globalization) - Ex

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6 pages

Written in 2025/2026

Grade A+

NursingAcademy

IBUS 300 Concept Check 1Exam Questions & Answers – 2026 Update | 100% Correct What is International Business (IB) mainly about? - Managing complexity and uncertainty from cross-border activities What is a Multinational Enterprise (MNE)? - A firm that uses foreign direct investment (FDI)

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6 pages

Written in 2025/2026

Grade A+

NursingAcademy

IBUS 3001 Exam1 questions and answers Graded A+| 2026 Updated

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7 items

Wisegrades

IBUS 310 - Ch 14 SmartBook Exam questions and answers Graded A+| 2026 Updated When a company is able to expand its operations by exporting globally, it can often achieve greater economies of scale which results in ______. - lower unit costs True or false: Small- and medium-sized businesses are very proactive in identifying opportunities to export. - False Recent statistics from the Small Business Administration show that about _____ of U.S. firms with fewer than 500 employees are...

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13 pages

Written in 2025/2026

Grade A+

Wisegrades

IBUS 310 terms Exam questions and answers Graded A+| 2026 Updated FDI - A firm directly invests in a foreign asset over which it has effective control Globalization - Increased interconnectedness, the flattening of the world, and the introduction of GVCs Semi-Globalization - Adaption of globalization to local customs MNC - Firm that engages in FDI International Portfolio Investment -

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10 pages

Written in 2025/2026

Grade A+

Wisegrades

IBUS 310 terms Exam questions and answers Graded A+| 2026 Updated FDI - A firm directly invests in a foreign asset over which it has effective control Globalization - Increased interconnectedness, the flattening of the world, and the introduction of GVCs Semi-Globalization - Adaption of globalization to local customs MNC - Firm that engages in FDI International Portfolio Investment - Passive ownership over foreign securities Globalization 1 - , Gov/mili

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10 pages

Written in 2025/2026

Grade A+

Wisegrades

IBUS 300 Exam1 questions and answers Graded A+| 2026 Updated SDG's Sustainable Development Goals Globalization Shift from distinct national market units TO one huge global market Globalization of Markets Distinct market merging into 1 global market (Squid Games) Globalization of Production "Factors of production" - labor, land, resources ex) Iphone: Designed in Cali, chips from Taiwan, assembly in China Drivers of Globalization 1. Declining trade and investment b...

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9 pages

Written in 2025/2026

Grade A+

Wisegrades

IBUS 300 Midterm Exam questions and answers Graded A+| 2026 Updated Globalization - The shift from distinct national markets and production systems toward one integrated global market. Globalization of Markets - Historically separate national markets merge into one global marketplace; enabled by internet and global media. Globalization of Production - Firms source labor, materials, and processes from multiple countries to minimize costs or maximize quality. International Trade - ...

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8 pages

Written in 2025/2026

Grade A+

Wisegrades

IBUS 300 Final (Leta Beard) Exam questions and answers Graded A+| 2026 Updated Ethics: - moral principles that define right and wrong behavior in conducting business in global environments The most common ethical issues involve... - 1. Employment Practices 2. Human Rights 3. Environmental Regulations 4. Moral Obligations 5. Corruption Employment Practice - - Firms should establish minimum acceptable standards - Audit foreign subsidiaries and subcontractors regularly to ensure...

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17 pages

Written in 2025/2026

Grade A+

Wisegrades

IBUS 300 Final Study Set Exam questions and answers Graded A+| 2026 Updated What is Regional Economic Integration? Agreements among countries in a geographic region to reduce or remove tariffs and non-tariff barriers to the free flow of goods, services, and factors of production. What is the difference between global and regional economic integration? Global integration involves many members and is harder to achieve, while regional integration may be easier to manage and reach ag...

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24 pages

Written in 2025/2026

Grade A+

Wisegrades