Question 1

Most nations in the world share similar political,social and economic beliefs.

Accepted Answer

A) True 
 B)False  False

Question 2

The World Trade Organization conducts negotiations,called "cycles," on various topics,rotating its meetings among different cities.

Accepted Answer

A) True 
 B)False  False

Question 3

The percentage of global wealth concentrated at the Bottom of the Pyramid is:

Accepted Answer

A)  8 percent. 
B)  22 percent. 
C)  60 percent. 
D)  70 percent. 
A)  8 percent. 
B)  22 percent. 
C)  60 percent. 
D)  70 percent. D

Question 4

A firm that would like to develop a global supply chain would:

Accepted Answer

A)  Manufacture components or supplies in other countries. 
B)  Sell raw materials, components or supplies produced at home abroad. 
C)  Purchase raw materials, components, or supplies from sellers in other countries. 
D)  Check products that were manufactured abroad for defects in their home country. 
A)  Manufacture components or supplies in other countries. 
B)  Sell raw materials, components or supplies produced at home abroad. 
C)  Purchase raw materials, components, or supplies from sellers in other countries. 
D)  Check products that were manufactured abroad for defects in their home country.

Question 5

Under the World Trade Organization's most favored nation rule,member countries may not discriminate against foreign products for any reason.

Accepted Answer

A) True 
 B)False

Question 6

Representation on the World Bank's board of directors is based on:

Accepted Answer

A)  The size of the member nation's population. 
B)  The size of the member nation's economy. 
C)  The size of the member nation's land mass. 
D)  Equal representation of all member nations. 
A)  The size of the member nation's population. 
B)  The size of the member nation's economy. 
C)  The size of the member nation's land mass. 
D)  Equal representation of all member nations.

Question 7

How can global action networks help global problem solving?

Accepted Answer

Global Action Networks (GANs) are collab

Question 8

The term "race to the bottom" refers to:

Accepted Answer

A)  Seeking to mine valuable minerals from the bottom of the ocean. 
B)  Moving production jobs to the country with the lowest labor cost. 
C)  Efforts to deconstruct the assembly process in manufacturing industries. 
D)  An old concept of globalization that is no longer relevant. 
A)  Seeking to mine valuable minerals from the bottom of the ocean. 
B)  Moving production jobs to the country with the lowest labor cost. 
C)  Efforts to deconstruct the assembly process in manufacturing industries. 
D)  An old concept of globalization that is no longer relevant.

Question 9

Explain global wealth and power inequalities.What are the special challenges of serving the "bottom of the pyramid" sector?

Accepted Answer

Global wealth and power inequalities ref

Question 10

A free enterprise system refers to:

Accepted Answer

A)  Economic assets that are privately owned and exchanged in an open market. 
B)  Property ownership by a centralized government. 
C)  A mix of privately owned and government controlled economic assets. 
D)  An index of economic freedom. 
A)  Economic assets that are privately owned and exchanged in an open market. 
B)  Property ownership by a centralized government. 
C)  A mix of privately owned and government controlled economic assets. 
D)  An index of economic freedom.

Question 11

Although many firms conduct business across national boundaries,most global commerce is carried out by a small number of powerful firms.

Accepted Answer

A) True 
 B)False

Question 12

Compare and contrast the world's political and economic systems and their effects on globalization.

Accepted Answer

The world's political and economic syste

Question 13

Which of the following statements accurately describe the practice of tax inversion?

Accepted Answer

A)  A company shifts their headquarters to a foreign country. 
B)  A company decreases cash holdings in a foreign country. 
C)  A company increases debt in their home country. 
D)  Both A and C, but not B 
A)  A company shifts their headquarters to a foreign country. 
B)  A company decreases cash holdings in a foreign country. 
C)  A company increases debt in their home country. 
D)  Both A and C, but not B

Question 14

The main purpose of inversion is to reduce corporate income tax obligations.

Accepted Answer

A) True 
 B)False

Question 15

Critics of globalization support the spread of American ideals and culture throughout the rest of the world.

Accepted Answer

A) True 
 B)False

Question 16

The World Bank makes currency exchange easier for member countries so that they can participate in global trade.

Accepted Answer

A) True 
 B)False

Question 17

The purpose of the World Trade Organization is to:

Accepted Answer

A)  Impose barriers to free trade among nations. 
B)  Eliminate barriers to free trade among nations. 
C)  Develop trading partnerships between rich and poor nations. 
D)  Decrease globalization and free trade. 
A)  Impose barriers to free trade among nations. 
B)  Eliminate barriers to free trade among nations. 
C)  Develop trading partnerships between rich and poor nations. 
D)  Decrease globalization and free trade.

Question 18

A critic of globalization might argue that companies decide to manufacture in China mainly because of China's:

Accepted Answer

A)  Strict law enforcement. 
B)  High environmental standards. 
C)  Weak health and safety regulations. 
D)  Strong worker unions. 
A)  Strict law enforcement. 
B)  High environmental standards. 
C)  Weak health and safety regulations. 
D)  Strong worker unions.

Question 19

A firm that has global operations has:

Accepted Answer

A)  All of their manufacturing and service operations abroad. 
B)  Some or all of their manufacturing or service operations abroad. 
C)  Manufacturing but not service operations abroad. 
D)  Service but not manufacturing operations abroad. 
A)  All of their manufacturing and service operations abroad. 
B)  Some or all of their manufacturing or service operations abroad. 
C)  Manufacturing but not service operations abroad. 
D)  Service but not manufacturing operations abroad.

Question 20

A society where economic power is concentrated in the hands of government officials and political authorities is called:

Accepted Answer

A)  A central state control system. 
B)  A social democracy. 
C)  A political control system. 
D)  A military dictatorship. 
A)  A central state control system. 
B)  A social democracy. 
C)  A political control system. 
D)  A military dictatorship.

Most nations in the world share similar political,social and economic beliefs.

The World Trade Organization conducts negotiations,called "cycles," on various topics,rotating its meetings among different cities.

The percentage of global wealth concentrated at the Bottom of the Pyramid is:

A firm that would like to develop a global supply chain would:

Under the World Trade Organization's most favored nation rule,member countries may not discriminate against foreign products for any reason.

Representation on the World Bank's board of directors is based on:

How can global action networks help global problem solving?

The term "race to the bottom" refers to:

Explain global wealth and power inequalities.What are the special challenges of serving the "bottom of the pyramid" sector?

A free enterprise system refers to:

Although many firms conduct business across national boundaries,most global commerce is carried out by a small number of powerful firms.

Compare and contrast the world's political and economic systems and their effects on globalization.

Which of the following statements accurately describe the practice of tax inversion?

The main purpose of inversion is to reduce corporate income tax obligations.

Critics of globalization support the spread of American ideals and culture throughout the rest of the world.

The World Bank makes currency exchange easier for member countries so that they can participate in global trade.

The purpose of the World Trade Organization is to:

A critic of globalization might argue that companies decide to manufacture in China mainly because of China's:

A firm that has global operations has:

A society where economic power is concentrated in the hands of government officials and political authorities is called:

The Corporation and Its Stakeholders

Managing Public Issues and Stakeholder Relationships

Corporate Social Responsibility and Citizenship

Ethics and Ethical Reasoning

Organizational Ethics

Businessgovernment Relations

Influencing the Political Environment

Sustainable Development and Global Business

Managing for Sustainability

The Role of Technology

Regulating and Managing Information Technology

Shareholder Rights and Corporate Governance

Consumer Protection

Employees and the Corporation

Managing a Diverse Workforce

Business and Its Suppliers

The Community and the Corporation

The Public and Corporate Reputation

Filters

Exam 4: Business in a Globalized World

Most nations in the world share similar political,social and economic beliefs.

The World Trade Organization conducts negotiations,called "cycles," on various topics,rotating its meetings among different cities.

The percentage of global wealth concentrated at the Bottom of the Pyramid is:

A firm that would like to develop a global supply chain would:

Under the World Trade Organization's most favored nation rule,member countries may not discriminate against foreign products for any reason.

Representation on the World Bank's board of directors is based on:

How can global action networks help global problem solving?

The term "race to the bottom" refers to:

Explain global wealth and power inequalities.What are the special challenges of serving the "bottom of the pyramid" sector?

A free enterprise system refers to:

Although many firms conduct business across national boundaries,most global commerce is carried out by a small number of powerful firms.

Compare and contrast the world's political and economic systems and their effects on globalization.

Which of the following statements accurately describe the practice of tax inversion?

The main purpose of inversion is to reduce corporate income tax obligations.

Critics of globalization support the spread of American ideals and culture throughout the rest of the world.

The World Bank makes currency exchange easier for member countries so that they can participate in global trade.

The purpose of the World Trade Organization is to:

A critic of globalization might argue that companies decide to manufacture in China mainly because of China's:

A firm that has global operations has:

A society where economic power is concentrated in the hands of government officials and political authorities is called:

The Corporation and Its Stakeholders

Managing Public Issues and Stakeholder Relationships

Corporate Social Responsibility and Citizenship

Ethics and Ethical Reasoning

Organizational Ethics

Businessgovernment Relations

Influencing the Political Environment

Sustainable Development and Global Business

Managing for Sustainability

The Role of Technology

Regulating and Managing Information Technology

Shareholder Rights and Corporate Governance

Consumer Protection

Employees and the Corporation

Managing a Diverse Workforce

Business and Its Suppliers

The Community and the Corporation

The Public and Corporate Reputation

Filters