Exam 1: Introduction

United Parcel Service (UPS) uses its logistics expertise to help clients create new businesses. This would be termed as:

The _____ view is a metaphor for viewing the world's markets as being more different than similar, such that the playing field differs in respective markets.

Which of the following refers to the approach which ensures that an action contributes most to the quality of life of the people affected?

The greater the level of standardization in operations, both within and across markets, the greater is the possibility of global efficiency.

International business would not be relevant to an organization if it only produced and sold its products in one country.

_____ means a firm is investing assets directly into a foreign country's buildings, equipment, or organizations.

International business professor Pankaj Ghemawat is of the view that one needs to use a "CAGE" analysis to study the:

Globalization is fueled largely by declining trade and investment barriers and new technologies, such as the Internet.

_____ is a technique used to identify and assess the importance of key people, groups of people, or institutions that may significantly influence the success of a project, or business.

The United Nations (UN) can be termed as a(n):

Define international business.

The Kyoto Protocol is an agreement aimed at:

The government of any country is generally not considered to be a stakeholder in any business venture.

The social or environmental performance of an organization is irrelevant as long as it is earning profits.

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

Ethics is the same as following culturally accepted norms.

_____ refers to the cross-border exchanges of goods, services, or resources between two or more nations.

Google locates its computer-server farms close to wind farms that produce power because it is one of the cheapest sources of electricity.

International transfers of resources, such as people, intellectual property, and contractual assets or liabilities, do not form a part of international business.

The _____ is an agreement signed by the governments of the United States, Canada, and Mexico to create a trade bloc in North America to reduce or eliminate tariffs among the member countries and thus facilitate trade.