Question 1

In what way does a demand for a bribe by an international business partner present an ethical challenge to a U.S. businessperson?

Accepted Answer

Bribery is illegal according to U.S. law

Question 2

A country's launching of a government-owned telecommunications satellite is an example of investing in ________.

Accepted Answer

A) labor 
B) natural resources 
C) infrastructure 
D) private capital 
A) labor 
B) natural resources 
C) infrastructure 
D) private capital

Question 3

By differentiating its products to meet unique local needs, tastes, or preferences, a company follows a multidomestic strategy.

Accepted Answer

A) True 
 B)False

Question 4

The nations of Tweedle-dee and Tweedle-dum do not trust each other. Tweedle-dee is convinced that if it lowers its trade barriers, Tweedle-dum will not lower its barriers. Therefore, Tweedle-dee keeps its trade barriers high. This is an example of the ________ argument in favor of protectionism.

Accepted Answer

A) threat of retaliation 
B) infant-industry 
C) national security 
D) cheap foreign labor 
A) threat of retaliation 
B) infant-industry 
C) national security 
D) cheap foreign labor

Question 5

Which of the following BEST demonstrates that different countries have different attitudes toward work?

Accepted Answer

A) different religious traditions 
B) different aesthetic norms 
C) different vacation policies 
D) different language standards 
A) different religious traditions 
B) different aesthetic norms 
C) different vacation policies 
D) different language standards

Question 6

With a global strategy for conducting business internationally, a company competes ________.

Accepted Answer

A) primarily on the basis of price while selling a standardized product 
B) primarily by customizing or differentiating its product to meet unique local needs, tastes, or preferences 
C) primarily by offering a customized product while simultaneously selling at the lowest possible price 
D) primarily by offering a homogeneous product while simultaneously selling at a high price 
A) primarily on the basis of price while selling a standardized product 
B) primarily by customizing or differentiating its product to meet unique local needs, tastes, or preferences 
C) primarily by offering a customized product while simultaneously selling at the lowest possible price 
D) primarily by offering a homogeneous product while simultaneously selling at a high price

Question 7

In addition to exchange rates, what are three economic challenges to conducting international business?

Accepted Answer

(1)Economic growth and develop

In what way does a demand for a bribe by an international business partner present an ethical challenge to a U.S. businessperson?

A country's launching of a government-owned telecommunications satellite is an example of investing in ________.

By differentiating its products to meet unique local needs, tastes, or preferences, a company follows a multidomestic strategy.

The nations of Tweedle-dee and Tweedle-dum do not trust each other. Tweedle-dee is convinced that if it lowers its trade barriers, Tweedle-dum will not lower its barriers. Therefore, Tweedle-dee keeps its trade barriers high. This is an example of the ________ argument in favor of protectionism.

Which of the following BEST demonstrates that different countries have different attitudes toward work?

With a global strategy for conducting business internationally, a company competes ________.

In addition to exchange rates, what are three economic challenges to conducting international business?

Business in the United States

Economics and Banking

Ethics and Social Responsibility

Entrepreneurs and Small Businesses

Forms of Business Ownership

Functions and Skills of Management

Motivation, Leadership, and Teamwork

Human Resources and Labor Relations

Business Technology: Management Information Systems

Production and Operations Management

Marketing and Consumer Behavior

Product Development and Pricing Strategies

Promotion and Distribution

Financing and Tracking Business Operations

Securities and Investments

Mini E-Commerce

Mini Constructing a Successful Business Plan

Mini Business Communications

Mini Finding Employment

Mini Personal Finance

Filters

Exam 4: Business in a Global Economy

In what way does a demand for a bribe by an international business partner present an ethical challenge to a U.S. businessperson?

A country's launching of a government-owned telecommunications satellite is an example of investing in ________.

By differentiating its products to meet unique local needs, tastes, or preferences, a company follows a multidomestic strategy.

The nations of Tweedle-dee and Tweedle-dum do not trust each other. Tweedle-dee is convinced that if it lowers its trade barriers, Tweedle-dum will not lower its barriers. Therefore, Tweedle-dee keeps its trade barriers high. This is an example of the ________ argument in favor of protectionism.

Which of the following BEST demonstrates that different countries have different attitudes toward work?

With a global strategy for conducting business internationally, a company competes ________.

In addition to exchange rates, what are three economic challenges to conducting international business?

Business in the United States

Economics and Banking

Ethics and Social Responsibility

Entrepreneurs and Small Businesses

Forms of Business Ownership

Functions and Skills of Management

Motivation, Leadership, and Teamwork

Human Resources and Labor Relations

Business Technology: Management Information Systems

Production and Operations Management

Marketing and Consumer Behavior

Product Development and Pricing Strategies

Promotion and Distribution

Financing and Tracking Business Operations

Securities and Investments

Mini E-Commerce

Mini Constructing a Successful Business Plan

Mini Business Communications

Mini Finding Employment

Mini Personal Finance

Filters