Question 1

An example of a Global Action Network,or GAN,is:

Accepted Answer

A)  The World Trade Organization. 
B)  Nongovernmental organizations. 
C)  The Kimberley Process. 
D)  The Heritage Foundation. 
A)  The World Trade Organization. 
B)  Nongovernmental organizations. 
C)  The Kimberley Process. 
D)  The Heritage Foundation.

Question 2

According to the United Nations,how many transnational corporations operate in the global economy?

Accepted Answer

A)  49,000. 
B)  104,000. 
C)  290,000. 
D)  900,000. 
A)  49,000. 
B)  104,000. 
C)  290,000. 
D)  900,000.

Question 3

The three strategies of globalization can be summarized using what three words?

Accepted Answer

A)  Channels, operations, and chains. 
B)  Export, locate, and purchase. 
C)  Sell, make, and buy. 
D)  Ethics, import, and sell. 
A)  Channels, operations, and chains. 
B)  Export, locate, and purchase. 
C)  Sell, make, and buy. 
D)  Ethics, import, and sell.

Question 4

Experts attribute the growth of nongovernmental organizations to:

Accepted Answer

A)  The creation of global stock exchanges and enhanced currency transactions. 
B)  The globalization of marketing and converging consumer preferences. 
C)  Greater openness in many societies. 
D)  All of the above. 
A)  The creation of global stock exchanges and enhanced currency transactions. 
B)  The globalization of marketing and converging consumer preferences. 
C)  Greater openness in many societies. 
D)  All of the above.

Question 5

The importing of foreign goods by U.S.firms is called foreign direct investment.

Accepted Answer

A) True 
 B)False

Question 6

Single-party rule by communist parties still remains in:

Accepted Answer

A)  Lithuania. 
B)  Vietnam. 
C)  Thailand. 
D)  Russia. 
A)  Lithuania. 
B)  Vietnam. 
C)  Thailand. 
D)  Russia.

Question 7

Government has distinctive resources and competencies including:

Accepted Answer

A)  Knowledge of public policy. 
B)  Ability to enforce the rules. 
C)  Revenue from taxation. 
D)  All of the above. 
A)  Knowledge of public policy. 
B)  Ability to enforce the rules. 
C)  Revenue from taxation. 
D)  All of the above.

Question 8

At the beginning of the 20th century,no country in the world had universal suffrage.

Accepted Answer

A) True 
 B)False

Question 9

An individual who is a supporter of globalization would argue that it helps the developing world by:

Accepted Answer

A)  Giving entrepreneurs access to foreign investment funds to support economic development. 
B)  Allowing new ideas and technological innovations to spread quickly. 
C)  Providing people in developing countries with more jobs. 
D)  All of the above. 
A)  Giving entrepreneurs access to foreign investment funds to support economic development. 
B)  Allowing new ideas and technological innovations to spread quickly. 
C)  Providing people in developing countries with more jobs. 
D)  All of the above.

Question 10

What U.S.company is the best example of using globalization to reduce the price of its products?

Accepted Answer

A)  K-Mart. 
B)  Toys R Us. 
C)  Walmart. 
D)  Macy's. 
A)  K-Mart. 
B)  Toys R Us. 
C)  Walmart. 
D)  Macy's.

Question 11

Productivity rises more quickly when countries produce goods and services for which they have a natural talent.

Accepted Answer

A) True 
 B)False

Question 12

The theory of comparative advantage states that:

Accepted Answer

A)  Productivity rises more quickly when countries produce goods and services for which they have a natural talent. 
B)  Productivity decreases when countries produce goods and services based on their natural resources. 
C)  All countries start out on an equal playing field. 
D)  Countries that operate under a policy of isolationism have a comparative advantage. 
A)  Productivity rises more quickly when countries produce goods and services for which they have a natural talent. 
B)  Productivity decreases when countries produce goods and services based on their natural resources. 
C)  All countries start out on an equal playing field. 
D)  Countries that operate under a policy of isolationism have a comparative advantage.

An example of a Global Action Network,or GAN,is:

According to the United Nations,how many transnational corporations operate in the global economy?

The three strategies of globalization can be summarized using what three words?

Experts attribute the growth of nongovernmental organizations to:

The importing of foreign goods by U.S.firms is called foreign direct investment.

Single-party rule by communist parties still remains in:

Government has distinctive resources and competencies including:

At the beginning of the 20^th century,no country in the world had universal suffrage.

An individual who is a supporter of globalization would argue that it helps the developing world by:

What U.S.company is the best example of using globalization to reduce the price of its products?

Productivity rises more quickly when countries produce goods and services for which they have a natural talent.

The theory of comparative advantage states that:

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

An example of a Global Action Network,or GAN,is:

According to the United Nations,how many transnational corporations operate in the global economy?

The three strategies of globalization can be summarized using what three words?

Experts attribute the growth of nongovernmental organizations to:

The importing of foreign goods by U.S.firms is called foreign direct investment.

Single-party rule by communist parties still remains in:

Government has distinctive resources and competencies including:

At the beginning of the 20th century,no country in the world had universal suffrage.

An individual who is a supporter of globalization would argue that it helps the developing world by:

What U.S.company is the best example of using globalization to reduce the price of its products?

Productivity rises more quickly when countries produce goods and services for which they have a natural talent.

The theory of comparative advantage states that:

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

At the beginning of the 20^th century,no country in the world had universal suffrage.