Exam 14: Globalization: Managing Effectively in a Global Economic Environment

Globalization includes the exchange of money,products,information,services,and expertise between people in different parts of the world.

Which of the following is NOT a disadvantage of doing business in China?

The idea that globalization will lead to a multifaceted world culture with parts that are connected but still distinct and separate is called ________.

Fortunately,the United States did not engage in distributing propaganda during the Cold War.

The World Economic Forum is a non-profit organization.

Seth is CEO of U.S.-based Fun Tyme Toys.For the past ten years the company has manufactured its products in Southeast Asia.Following the 2008 global recession,Seth began shifting production to the Midwest in the U.S.What practice is Fun Tyme Toys implementing?

What is one point that members on both sides of the debate over globalization can agree on?

Donell is researching the benefits and challenges of doing business in China for his economics class.Which of the following is NOT considered a potential disadvantage to doing business with China?

Hybridization presents a more negative outlook of the future than McDonaldization.

India's economy is primarily focused on ________.

Estella has always wanted to help make a positive impact on the world in her career.So she is excited to start her new job with a nonprofit organization that combines the talents of business,political,social,and intellectual leaders around the world.Where does Estella work?

What did economist Amartya Sen mean when he said that the Berlin Wall prevented our view of a global future?

You are thinking of launching an Internet campaign to promote your new band,Global Warning.In which country would your campaign have the lowest penetration based on Internet access?

Troy's small startup software company,Zapp App,has experienced tremendous growth and is ready to go international.However,he has concerns about losing revenue to pirating and counterfeiting.Which country poses the greatest risk for Zapp App?

Under ________,countries participating in an alliance transfer some of their power to the union in exchange for certain benefits.

How have globalization and the resulting shift in the balance of trade impacted the U.S.economy? What might be a strategy to help the United States successfully respond to these changes?

Why are the BRIC countries gathering so much attention from the business community?

Which of the following is NOT a worldwide trade alliance?

When working in a global environment,it is important to keep in mind that ________.

How did the expansion of information and communication technologies (ICTs)spur recent acceleration of globalization? Give an example to support your answer.