Exam 1: An Introduction to International Business and Multinational Corporations

The German Mittelstand consists of ____ , ____ businesses which have experienced exporting success in recent years.

Based on 2010 performance, the _____ is the world's leader in the volume of trade.

The market research capabilities of a multinational firm would be considered a(n) _______ advantage.

The Mittelstand are traditionally large export oriented German firms.

Most of the world's top twenty firms are associated with the oil or automobile industry.

Ethnocentric firms are more globally oriented that polycentric firms.

In 2010 the BRIC nations had a larger share of world trade than the United States.

________ organizations typically do not integrate the management of operations in different countries.

The varying business cycles experienced by a multinational firm in its various operating jurisdictions are an example of ______ advantage.

In the wake of the financial crisis, world FDI inflows declined.

Trade routes were first established in the Mediterranean in _______.

Differences in global markets can arise in all of the following except _____.

Some advantages gained by multinationals include all of the following except _____.

BRIC nations consist of all except ____.

Some disadvantages experienced by multinationals include all of the following except _____.