Question 1

The second stage of global development began with advances in global electronic interconnectivity that allowed individuals to communicate as never before.

Accepted Answer

A) True 
 B)False  False

Question 2

_____ refers to providing basic software online free that gives everyone source code, thus accelerating collaboration and software development.

Accepted Answer

A)  Home sourcing 
B)  Open-sourcing 
C)  Outsourcing 
D)  Offshoring 
E)  Insourcing 
A)  Home sourcing 
B)  Open-sourcing 
C)  Outsourcing 
D)  Offshoring 
E)  Insourcing B

Question 3

Firms use employees worldwide and send specific work to the most qualified, cheapest labor, wherever it is. This is termed as:

Accepted Answer

A)  offshoring. 
B)  insourcing. 
C)  open-sourcing. 
D)  outsourcing. 
E)  in-forming. 
A)  offshoring. 
B)  insourcing. 
C)  open-sourcing. 
D)  outsourcing. 
E)  in-forming. D

Question 4

Who is a stakeholder and what is stakeholder analysis?

Accepted Answer

A stakeholder is an individual or organi

Question 5

Globalization 2.0 was characterized by:

Accepted Answer

A)  the growth of European mercantile stock companies. 
B)  major software advances. 
C)  how much industrial power countries could produce and apply. 
D)  advances in global electronic interconnectivity. 
E)  nations dominating global expansion. 
A)  the growth of European mercantile stock companies. 
B)  major software advances. 
C)  how much industrial power countries could produce and apply. 
D)  advances in global electronic interconnectivity. 
E)  nations dominating global expansion.

Question 6

Open-sourcing refers to providing basic software online for free.

Accepted Answer

A) True 
 B)False

Question 7

The rights-based approach ensures that an action:

Accepted Answer

A)  would result in the greatest good for the greatest number of people. 
B)  treats people fairly. 
C)  respects the rights of everyone involved. 
D)  embodies the character strengths that one values. 
E)  contributes most to the quality of life of the people affected. 
A)  would result in the greatest good for the greatest number of people. 
B)  treats people fairly. 
C)  respects the rights of everyone involved. 
D)  embodies the character strengths that one values. 
E)  contributes most to the quality of life of the people affected.

Question 8

The _____ is an agreement between participating governments and companies to eliminate child labor in the production of soccer balls in Pakistan.

Accepted Answer

A)  Atlanta Agreement 
B)  Cancun Agreement 
C)  Aarhus Convention 
D)  Alpine Convention 
E)  Bonn Agreement 
A)  Atlanta Agreement 
B)  Cancun Agreement 
C)  Aarhus Convention 
D)  Alpine Convention 
E)  Bonn Agreement

Question 9

The multidomestic view is a metaphor for viewing the world's markets as:

Accepted Answer

A)  a capitalistic tool catering to the needs of the rich and the powerful. 
B)  an entity ridden with barriers and therefore unreceptive to globalization. 
C)  a homogeneous entity where cultural differences do not affect the outcome of business. 
D)  being more different than similar, such that the playing field differs in respective markets. 
E)  a level playing field in terms of commerce, where all competitors have an equal opportunity. 
A)  a capitalistic tool catering to the needs of the rich and the powerful. 
B)  an entity ridden with barriers and therefore unreceptive to globalization. 
C)  a homogeneous entity where cultural differences do not affect the outcome of business. 
D)  being more different than similar, such that the playing field differs in respective markets. 
E)  a level playing field in terms of commerce, where all competitors have an equal opportunity.

Question 10

_____ include(s) any nonprofit, voluntary citizens' groups that are organized on a local, national, or international level.

Accepted Answer

A)  The International Monetary Fund 
B)  Government organizations 
C)  Nongovernmental organizations 
D)  The World Economic Forum 
E)  The World Trade Organization 
A)  The International Monetary Fund 
B)  Government organizations 
C)  Nongovernmental organizations 
D)  The World Economic Forum 
E)  The World Trade Organization

Question 11

_____ is the body of knowledge that answers questions about the development and implementation of good strategies.

Accepted Answer

A)  Entrepreneurship 
B)  Strategic management 
C)  SWOT 
D)  Intrapreneurship 
E)  Strategy 
A)  Entrepreneurship 
B)  Strategic management 
C)  SWOT 
D)  Intrapreneurship 
E)  Strategy

Question 12

The World Social Forum:

Accepted Answer

A)  was organized as an answer to World Economic Forum. 
B)  consists of all for-profit governmental organizations. 
C)  aims to promote capitalism in the African countries. 
D)  was formed to counter the United Nations. 
E)  aims to counterbalance the economic dominance of Asia. 
A)  was organized as an answer to World Economic Forum. 
B)  consists of all for-profit governmental organizations. 
C)  aims to promote capitalism in the African countries. 
D)  was formed to counter the United Nations. 
E)  aims to counterbalance the economic dominance of Asia.

Question 13

According to Thomas Friedman, the _____ stage of global development saw the introduction of modern communications and cheaper shipping costs.

Accepted Answer

The answer of According to Thomas Friedman, the _____ stage...

Question 14

What are nongovernmental organizations (NGOs) and why were they formed?

Accepted Answer

National nongovernmental organizations (

Question 15

According to Friedman, the present stage of global development is the:

Accepted Answer

A)  first stage. 
B)  fourth stage. 
C)  second stage. 
D)  third stage. 
E)  fifth stage. 
A)  first stage. 
B)  fourth stage. 
C)  second stage. 
D)  third stage. 
E)  fifth stage.

Question 16

Google locates its computer-server farms close to _____ because it is one of the cheapest sources of electricity.

Accepted Answer

The answer of Google locates its computer-server farms close to...

Question 17

When a firm makes a choice about foreign operations, it is a trade-off between local responsiveness and global efficiency. Explain.

Accepted Answer

When a firm makes choices about foreign

Question 18

_____ refers to the shift toward a more interdependent and integrated global economy.

Accepted Answer

A)  SWOT 
B)  Globalization 
C)  Entrepreneurship 
D)  Strategic management 
E)  Intrapreneurship 
A)  SWOT 
B)  Globalization 
C)  Entrepreneurship 
D)  Strategic management 
E)  Intrapreneurship

Question 19

Strategic management is mainly concerned with the determinants of a firm's performance.

Accepted Answer

A) True 
 B)False

Question 20

The ____ stage of global development saw nations dominate global expansion.

Accepted Answer

The answer of The ____ stage of global development saw...

The second stage of global development began with advances in global electronic interconnectivity that allowed individuals to communicate as never before.

_____ refers to providing basic software online free that gives everyone source code, thus accelerating collaboration and software development.

Firms use employees worldwide and send specific work to the most qualified, cheapest labor, wherever it is. This is termed as:

Who is a stakeholder and what is stakeholder analysis?

Globalization 2.0 was characterized by:

Open-sourcing refers to providing basic software online for free.

The rights-based approach ensures that an action:

The _____ is an agreement between participating governments and companies to eliminate child labor in the production of soccer balls in Pakistan.

The multidomestic view is a metaphor for viewing the world's markets as:

_____ include(s) any nonprofit, voluntary citizens' groups that are organized on a local, national, or international level.

_____ is the body of knowledge that answers questions about the development and implementation of good strategies.

The World Social Forum:

According to Thomas Friedman, the _____ stage of global development saw the introduction of modern communications and cheaper shipping costs.

What are nongovernmental organizations (NGOs) and why were they formed?

According to Friedman, the present stage of global development is the:

Google locates its computer-server farms close to _____ because it is one of the cheapest sources of electricity.

When a firm makes a choice about foreign operations, it is a trade-off between local responsiveness and global efficiency. Explain.

_____ refers to the shift toward a more interdependent and integrated global economy.

Strategic management is mainly concerned with the determinants of a firm's performance.

The ____ stage of global development saw nations dominate global expansion.

International Trade and Foreign Direct Investment

Culture and Business

World Economies

Global and Regional Economic Cooperation and Integration

International Monetary System

Foreign Exchange and the Global Capital Markets

International Expansion and Global Market Opportunity Assessment

Exporting, Importing, and Global Sourcing

Strategy and International Business

Global Entrepreneurship and Intrapreneurship

Winning Through Effective, Global Talent Management

Harnessing the Engine of Global Innovation

Competing Effectively Through Global Marketing, Distribution, and Supply-Chain Management

Understanding the Roles of Finance and Accounting in Global Competitive Advantage

Filters

Exam 1: Introduction

The second stage of global development began with advances in global electronic interconnectivity that allowed individuals to communicate as never before.

_____ refers to providing basic software online free that gives everyone source code, thus accelerating collaboration and software development.

Firms use employees worldwide and send specific work to the most qualified, cheapest labor, wherever it is. This is termed as:

Who is a stakeholder and what is stakeholder analysis?

Globalization 2.0 was characterized by:

Open-sourcing refers to providing basic software online for free.

The rights-based approach ensures that an action:

The _____ is an agreement between participating governments and companies to eliminate child labor in the production of soccer balls in Pakistan.

The multidomestic view is a metaphor for viewing the world's markets as:

_____ include(s) any nonprofit, voluntary citizens' groups that are organized on a local, national, or international level.

_____ is the body of knowledge that answers questions about the development and implementation of good strategies.

The World Social Forum:

According to Thomas Friedman, the _____ stage of global development saw the introduction of modern communications and cheaper shipping costs.

What are nongovernmental organizations (NGOs) and why were they formed?

According to Friedman, the present stage of global development is the:

Google locates its computer-server farms close to _____ because it is one of the cheapest sources of electricity.

When a firm makes a choice about foreign operations, it is a trade-off between local responsiveness and global efficiency. Explain.

_____ refers to the shift toward a more interdependent and integrated global economy.

Strategic management is mainly concerned with the determinants of a firm's performance.

The ____ stage of global development saw nations dominate global expansion.

International Trade and Foreign Direct Investment

Culture and Business

World Economies

Global and Regional Economic Cooperation and Integration

International Monetary System

Foreign Exchange and the Global Capital Markets

International Expansion and Global Market Opportunity Assessment

Exporting, Importing, and Global Sourcing

Strategy and International Business

Global Entrepreneurship and Intrapreneurship

Winning Through Effective, Global Talent Management

Harnessing the Engine of Global Innovation

Competing Effectively Through Global Marketing, Distribution, and Supply-Chain Management

Understanding the Roles of Finance and Accounting in Global Competitive Advantage

Filters