Question 1

Products marketed in all countries essentially without any changes are called ________.

Accepted Answer

The answer of Products marketed in all countries essentially without...

Question 2

Denationalization refers to ________.

Accepted Answer

A)  a loss of sovereignty in markets 
B)  national boundaries becoming less relevant 
C)  cooperation between national actors to reduce trade barriers 
D)  the total elimination of borders between nations 
A)  a loss of sovereignty in markets 
B)  national boundaries becoming less relevant 
C)  cooperation between national actors to reduce trade barriers 
D)  the total elimination of borders between nations

Question 3

As modeled in your text, the "global business environment" consists of four distinct elements: globalization, national business environments, the international business environment, and ________.

Accepted Answer

A)  falling trade and investment barriers 
B)  international firm management 
C)  technological innovation 
D)  multinational corporations 
A)  falling trade and investment barriers 
B)  international firm management 
C)  technological innovation 
D)  multinational corporations

Question 4

________ is (are) all goods and services sold abroad and sent out of a country.

Accepted Answer

A)  Necessities 
B)  Exports 
C)  Global licensing 
D)  Imports 
A)  Necessities 
B)  Exports 
C)  Global licensing 
D)  Imports

Question 5

What factors help make some countries more global than others? Identify several highly global nations.

Accepted Answer

Several factors contribute to making som

Question 6

Describe the two major forces that drive globalization and how they work together to expand globalization.

Accepted Answer

The two major forces that drive globaliz

Question 7

The characteristics of national business environments define the context of international business management.

Accepted Answer

A) True 
 B)False

Question 8

________ are products marketed in all countries essentially without any changes.

Accepted Answer

A)  National products 
B)  Adapted products 
C)  Global products 
D)  National services 
A)  National products 
B)  Adapted products 
C)  Global products 
D)  National services

Question 9

The ________ is an agency created to provide financing for national economic development efforts.

Accepted Answer

A)  International Monetary Fund 
B)  World Trade Organization 
C)  European Union 
D)  World Bank 
A)  International Monetary Fund 
B)  World Trade Organization 
C)  European Union 
D)  World Bank

Question 10

The most obvious difference between domestic and international business is that international business occurs between two or more nations that can have entirely different societies and commercial environments.

Accepted Answer

A) True 
 B)False

Question 11

The World Trade Organization (WTO) is the international organization that enforces the rules of international trade.

Accepted Answer

A) True 
 B)False

Question 12

For 75 years, from the start of the First World War to the end of the Cold War, there was a geographic divide between ________, and an ideological divide between ________.

Accepted Answer

A)  North and South; protectionism and socialism 
B)  North and South; regionalism and globalization 
C)  East and West; regionalism and globalization 
D)  East and West; communism and capitalism 
A)  North and South; protectionism and socialism 
B)  North and South; regionalism and globalization 
C)  East and West; regionalism and globalization 
D)  East and West; communism and capitalism

Question 13

National sovereignty generally involves the idea that a nation-state ________.

Accepted Answer

A)  is autonomous 
B)  can freely select its government 
C)  cannot intervene in the affairs of other nations 
D)  can control movements across its borders 
E)  all of the above 
A)  is autonomous 
B)  can freely select its government 
C)  cannot intervene in the affairs of other nations 
D)  can control movements across its borders 
E)  all of the above

Question 14

________ makes the world market more accessible for companies that sell traditional products by lessening the cost and difficulties associated with global communication.

Accepted Answer

A)  Technology 
B)  Merger-mania 
C)  Licensing 
D)  Financial capital 
A)  Technology 
B)  Merger-mania 
C)  Licensing 
D)  Financial capital

Question 15

Critics charge that globalization and international outsourcing exploit workers in low-wage nations.

Accepted Answer

A) True 
 B)False

Question 16

Define international business and explain how it affects each of us in our daily activities.

Accepted Answer

International business refers to the exc

Question 17

Globalization critics say it causes a "race to the ________" in environmental conditions and regulations.

Accepted Answer

A)  end 
B)  top 
C)  middle 
D)  bottom 
E)  finish 
A)  end 
B)  top 
C)  middle 
D)  bottom 
E)  finish

Question 18

Protesters claim that globalization is responsible for the elimination of ________ in developed nations.

Accepted Answer

The answer of Protesters claim that globalization is responsible for...

Question 19

Although globalization is a potent force, it still does not transform our societies and commercial activities.

Accepted Answer

A) True 
 B)False

Question 20

National ________ is a strong shaper of a people's values, attitudes, customs, beliefs, and communication styles.

Accepted Answer

The answer of National ________ is a strong shaper of...

Products marketed in all countries essentially without any changes are called ________.

Denationalization refers to ________.

As modeled in your text, the "global business environment" consists of four distinct elements: globalization, national business environments, the international business environment, and ________.

________ is (are) all goods and services sold abroad and sent out of a country.

What factors help make some countries more global than others? Identify several highly global nations.

Describe the two major forces that drive globalization and how they work together to expand globalization.

The characteristics of national business environments define the context of international business management.

________ are products marketed in all countries essentially without any changes.

The ________ is an agency created to provide financing for national economic development efforts.

The most obvious difference between domestic and international business is that international business occurs between two or more nations that can have entirely different societies and commercial environments.

The World Trade Organization (WTO) is the international organization that enforces the rules of international trade.

For 75 years, from the start of the First World War to the end of the Cold War, there was a geographic divide between , and an ideological divide between .

National sovereignty generally involves the idea that a nation-state ________.

________ makes the world market more accessible for companies that sell traditional products by lessening the cost and difficulties associated with global communication.

Critics charge that globalization and international outsourcing exploit workers in low-wage nations.

Define international business and explain how it affects each of us in our daily activities.

Globalization critics say it causes a "race to the ________" in environmental conditions and regulations.

Protesters claim that globalization is responsible for the elimination of ________ in developed nations.

Although globalization is a potent force, it still does not transform our societies and commercial activities.

National ________ is a strong shaper of a people's values, attitudes, customs, beliefs, and communication styles.

Cross-Cultrual Busines

Politics, Law, and Business Ethics

Economic Systems and Development

International Trade

Business-Government Trade Relations

Foreign Direct Investment

Regional Economic Integration

International Financial Markets

International Money System

International Strategy and Organization

Analyzing International Opportunities

Selecting and Managing Entry Modes

Developing and Marketing Products

Managing International Operations

Hiring and Managing Employees

Filters

Exam 1: Globalization

Products marketed in all countries essentially without any changes are called ________.

Denationalization refers to ________.

As modeled in your text, the "global business environment" consists of four distinct elements: globalization, national business environments, the international business environment, and ________.

________ is (are) all goods and services sold abroad and sent out of a country.

What factors help make some countries more global than others? Identify several highly global nations.

Describe the two major forces that drive globalization and how they work together to expand globalization.

The characteristics of national business environments define the context of international business management.

________ are products marketed in all countries essentially without any changes.

The ________ is an agency created to provide financing for national economic development efforts.

The most obvious difference between domestic and international business is that international business occurs between two or more nations that can have entirely different societies and commercial environments.

The World Trade Organization (WTO) is the international organization that enforces the rules of international trade.

For 75 years, from the start of the First World War to the end of the Cold War, there was a geographic divide between ________, and an ideological divide between ________.

National sovereignty generally involves the idea that a nation-state ________.

________ makes the world market more accessible for companies that sell traditional products by lessening the cost and difficulties associated with global communication.

Critics charge that globalization and international outsourcing exploit workers in low-wage nations.

Define international business and explain how it affects each of us in our daily activities.

Globalization critics say it causes a "race to the ________" in environmental conditions and regulations.

Protesters claim that globalization is responsible for the elimination of ________ in developed nations.

Although globalization is a potent force, it still does not transform our societies and commercial activities.

National ________ is a strong shaper of a people's values, attitudes, customs, beliefs, and communication styles.

Cross-Cultrual Busines

Politics, Law, and Business Ethics

Economic Systems and Development

International Trade

Business-Government Trade Relations

Foreign Direct Investment

Regional Economic Integration

International Financial Markets

International Money System

International Strategy and Organization

Analyzing International Opportunities

Selecting and Managing Entry Modes

Developing and Marketing Products

Managing International Operations

Hiring and Managing Employees

Filters

For 75 years, from the start of the First World War to the end of the Cold War, there was a geographic divide between , and an ideological divide between .