Question 1

Economic motives apply when firms expand internationally to increase their profit through higher revenues and/or lower costs.

Accepted Answer

A) True 
 B)False  True

Question 2

Coca-Cola brand has the

Accepted Answer

A)  name recognition. 
B)  highest name recognition in the world. 
C)  lowest name recognition in the world. 
D)  highest name recognition in only the U.S. 
A)  name recognition. 
B)  highest name recognition in the world. 
C)  lowest name recognition in the world. 
D)  highest name recognition in only the U.S. B

Question 3

Market motives can be offensive or defensive.

Accepted Answer

A) True 
 B)False  True

Question 4

Coca Cola's slogan that resembles a main challenge in international business is

Accepted Answer

A)  think locally and act globally. 
B)  think regionally and act locally. 
C)  think globally and act locally. 
D)  think globally and act globally. 
A)  think locally and act globally. 
B)  think regionally and act locally. 
C)  think globally and act locally. 
D)  think globally and act globally.

Question 5

_______________ lead firms to participate in international business when they seek, for instance, to capitalize on distinctive resources or capabilities developed at home.

Accepted Answer

A)  Economic motives 
B)  Strategic motives 
C)  Personal motives 
D)  Global motives 
A)  Economic motives 
B)  Strategic motives 
C)  Personal motives 
D)  Global motives

Question 6

Example of services transferred internationally are

Accepted Answer

A)  accounting and management. 
B)  legal counsel and insurance. 
C)  banking. 
D)  all of the above. 
A)  accounting and management. 
B)  legal counsel and insurance. 
C)  banking. 
D)  all of the above.

Question 7

Operationally, international business tends to be

Accepted Answer

A)  more difficult and costly to manage than domestic business. 
B)  less difficult and cheaper to manage than domestic business. 
C)  more profitable than domestic business. 
D)  less risky and dynamic than domestic business. 
A)  more difficult and costly to manage than domestic business. 
B)  less difficult and cheaper to manage than domestic business. 
C)  more profitable than domestic business. 
D)  less risky and dynamic than domestic business.

Question 8

Variations in international currency exchange usually don't affect the costs of operation or profitability of international firms.

Accepted Answer

A) True 
 B)False

Question 9

A(n) __________ motive is to seize market opportunities in foreign countries through trade or investment.

Accepted Answer

A)  defensive 
B)  offensive 
C)  forward 
D)  backward 
A)  defensive 
B)  offensive 
C)  forward 
D)  backward

Question 10

The main motives for going global are

Accepted Answer

A)  market, economic, and social. 
B)  market, economic, and strategic. 
C)  consumer, producer, and government. 
D)  financial, competitive, and profit oriented. 
A)  market, economic, and social. 
B)  market, economic, and strategic. 
C)  consumer, producer, and government. 
D)  financial, competitive, and profit oriented.

Question 11

A _________ motive is to protect and hold a firm's market power or competitive position in the face of threats from domestic rivalry or changes in government policies.

Accepted Answer

A)  defensive 
B)  offensive 
C)  forward 
D)  backward 
A)  defensive 
B)  offensive 
C)  forward 
D)  backward

Question 12

Motorola has made it clear that it will not pursue the development, design, manufacturing and sales facilities in multiple countries.

Accepted Answer

A) True 
 B)False

Question 13

Components of institutional framework consist of unilateral agreements, investment and service.

Accepted Answer

A) True 
 B)False

Question 14

International business is the outgrowth of domestic business.

Accepted Answer

A) True 
 B)False

Question 15

Economic motives apply when

Accepted Answer

A)  firms expand internationally to increase their return through higher revenues and/or lower costs. 
B)  firms decrease internationally to reduce their return through higher revenues. 
C)  firms decrease internationally to reduce their return through lower costs. 
D)  none of the above. 
A)  firms expand internationally to increase their return through higher revenues and/or lower costs. 
B)  firms decrease internationally to reduce their return through higher revenues. 
C)  firms decrease internationally to reduce their return through lower costs. 
D)  none of the above.

Question 16

Strategic motives lead firms to participate in international business when they seek to

Accepted Answer

A)  capitalize on distinctive resources. 
B)  capabilities developed at home. 
C)  capitalize on economy. 
D)  only A and B. 
A)  capitalize on distinctive resources. 
B)  capabilities developed at home. 
C)  capitalize on economy. 
D)  only A and B.

Question 17

Some people argue that companies operate in developing countries primarily because of lax environmental regulations. Please choose the statement that best addresses this concern.

Accepted Answer

A)  Companies do this commonly - it saves money. 
B)  While companies do relocate, the reasons are more often related to market and production, rather than environmental justifications. 
C)  When companies relocate to countries with lax environmental regulations, it is generally known that most companies actually bring with them the technology that can upgrade the level of environmental care they invest in. 
D)  This doesn't happen at all. 
A)  Companies do this commonly - it saves money. 
B)  While companies do relocate, the reasons are more often related to market and production, rather than environmental justifications. 
C)  When companies relocate to countries with lax environmental regulations, it is generally known that most companies actually bring with them the technology that can upgrade the level of environmental care they invest in. 
D)  This doesn't happen at all.

Question 18

A firm that has directly invested abroad and has at least one working affiliate in a foreign country (e.g., a factory, a branch office) over which it maintains effective control, is defined as a

Accepted Answer

A)  multinational enterprise. 
B)  domestic enterprise. 
C)  foreign enterprise. 
D)  none of the above. 
A)  multinational enterprise. 
B)  domestic enterprise. 
C)  foreign enterprise. 
D)  none of the above.

Question 19

Firms may benefit from vertical integration involving different countries.

Accepted Answer

A) True 
 B)False

Question 20

The ____________ ranked 59th on the Fortune 500 list for 2012 (up 11 slots from 2011), with roughly US$46.54 billion in revenue and US$8.57 billion in profit.

Accepted Answer

A)  IBM consortium 
B)  Gary Trudeau Conglomerate 
C)  Coca-Cola Company 
D)  Pepsico Combination 
A)  IBM consortium 
B)  Gary Trudeau Conglomerate 
C)  Coca-Cola Company 
D)  Pepsico Combination

Economic motives apply when firms expand internationally to increase their profit through higher revenues and/or lower costs.

Coca-Cola brand has the

Market motives can be offensive or defensive.

Coca Cola's slogan that resembles a main challenge in international business is

_______________ lead firms to participate in international business when they seek, for instance, to capitalize on distinctive resources or capabilities developed at home.

Example of services transferred internationally are

Operationally, international business tends to be

Variations in international currency exchange usually don't affect the costs of operation or profitability of international firms.

A(n) __________ motive is to seize market opportunities in foreign countries through trade or investment.

The main motives for going global are

A _________ motive is to protect and hold a firm's market power or competitive position in the face of threats from domestic rivalry or changes in government policies.

Motorola has made it clear that it will not pursue the development, design, manufacturing and sales facilities in multiple countries.

Components of institutional framework consist of unilateral agreements, investment and service.

International business is the outgrowth of domestic business.

Economic motives apply when

Strategic motives lead firms to participate in international business when they seek to

Some people argue that companies operate in developing countries primarily because of lax environmental regulations. Please choose the statement that best addresses this concern.

A firm that has directly invested abroad and has at least one working affiliate in a foreign country (e.g., a factory, a branch office) over which it maintains effective control, is defined as a

Firms may benefit from vertical integration involving different countries.

The ____________ ranked 59th on the Fortune 500 list for 2012 (up 11 slots from 2011), with roughly US$46.54 billion in revenue and US$8.57 billion in profit.

International Trade Theory and Application

Foreign Direct Investment Theory and Application

The Multinational Enterprise

Country Competitiveness

The Cultural Environment

The Political and Legal Environment

International Economic Integration and Institutions

The International Monetary System and Financial Markets

International Entry Strategies

Mne Organization Structure and Design

Building and Managing Global Strategic Alliances Gsas

Managing Global Research and Development Rd

Financial Management for Global Operations

International Accounting for Global Operations

Global Marketing and Supply Chain

Global Human Resource Management

Internet and Global E-Commerce

Social Responsibility and Corruption in the Global Marketplace

International Entrepreneurship

Filters

Exam 1: International Business in an Age of Globalization

Economic motives apply when firms expand internationally to increase their profit through higher revenues and/or lower costs.

Coca-Cola brand has the

Market motives can be offensive or defensive.

Coca Cola's slogan that resembles a main challenge in international business is

_______________ lead firms to participate in international business when they seek, for instance, to capitalize on distinctive resources or capabilities developed at home.

Example of services transferred internationally are

Operationally, international business tends to be

Variations in international currency exchange usually don't affect the costs of operation or profitability of international firms.

A(n) __________ motive is to seize market opportunities in foreign countries through trade or investment.

The main motives for going global are

A _________ motive is to protect and hold a firm's market power or competitive position in the face of threats from domestic rivalry or changes in government policies.

Motorola has made it clear that it will not pursue the development, design, manufacturing and sales facilities in multiple countries.

Components of institutional framework consist of unilateral agreements, investment and service.

International business is the outgrowth of domestic business.

Economic motives apply when

Strategic motives lead firms to participate in international business when they seek to

Some people argue that companies operate in developing countries primarily because of lax environmental regulations. Please choose the statement that best addresses this concern.

A firm that has directly invested abroad and has at least one working affiliate in a foreign country (e.g., a factory, a branch office) over which it maintains effective control, is defined as a

Firms may benefit from vertical integration involving different countries.

The ____________ ranked 59th on the Fortune 500 list for 2012 (up 11 slots from 2011), with roughly US$46.54 billion in revenue and US$8.57 billion in profit.

International Trade Theory and Application

Foreign Direct Investment Theory and Application

The Multinational Enterprise

Country Competitiveness

The Cultural Environment

The Political and Legal Environment

International Economic Integration and Institutions

The International Monetary System and Financial Markets

International Entry Strategies

Mne Organization Structure and Design

Building and Managing Global Strategic Alliances Gsas

Managing Global Research and Development Rd

Financial Management for Global Operations

International Accounting for Global Operations

Global Marketing and Supply Chain

Global Human Resource Management

Internet and Global E-Commerce

Social Responsibility and Corruption in the Global Marketplace

International Entrepreneurship

Filters