Question 1

When an affiliate in one country does business with customers in another,it is operating in the ____________ environment.

Accepted Answer

international
Explanation: Whe

Question 2

Historically,international business

Accepted Answer

A)  is relatively new. 
B)  existed before the time of Christ. 
C)  began in China. 
D)  was a result of the rise of the Ottoman Empire. 
E)  had limited impact beyond its economic effects. 
A)  is relatively new. 
B)  existed before the time of Christ. 
C)  began in China. 
D)  was a result of the rise of the Ottoman Empire. 
E)  had limited impact beyond its economic effects.

Question 3

That ______ trade is the best strategy for advancing the world's economic development is one of the few propositions on which almost all economists agree.

Accepted Answer

free
Explanation: That free tr

Question 4

Within a generation's time,there has been an enormous improvement in the human condition,and every one of the development success stories was based on export-led growth facilitated by the _________ of trade.

Accepted Answer

liberalization
Explanation: Within a gen

Question 5

Examples of the kinds of uncontrollable forces listed in the text are each of the following except

Accepted Answer

A)  economic. 
B)  sociocultural. 
C)  marketing. 
D)  labor. 
E)  technological. 
A)  economic. 
B)  sociocultural. 
C)  marketing. 
D)  labor. 
E)  technological.

Question 6

The ___________ environment is all the uncontrollable forces originating in the home country that surround and influence the life and development of the firm.

Accepted Answer

domestic
Explanation: The dome

Question 7

A(n)_________ company is a company with operations in multiple nations.

Accepted Answer

international
Explanation: An

Question 8

Discuss the three environments in which an international company operates.

Accepted Answer

Answers may vary,but should address each

Question 9

According to the text,an international business is

Accepted Answer

A)  a company that exports. 
B)  a company that has foreign direct investment. 
C)  a company with both exports and foreign direct investment. 
D)  a company with operations in multiple nations. 
E)  a company from a foreign country. 
A)  a company that exports. 
B)  a company that has foreign direct investment. 
C)  a company with both exports and foreign direct investment. 
D)  a company with operations in multiple nations. 
E)  a company from a foreign country.

Question 10

According to the text,technological drivers for globalization include all of the following except

Accepted Answer

A)  advances in computers and communication technology that permit increased flow of ideas and information across borders. 
B)  global communication networks that enable production to be coordinated worldwide. 
C)  the Internet, which limits business between buyers and sellers who are physically separated. 
D)  videoconferencing that allows sellers to demonstrate products to prospective buyers without the need for travel. 
E)  computer-based communications that allow virtual integration. 
A)  advances in computers and communication technology that permit increased flow of ideas and information across borders. 
B)  global communication networks that enable production to be coordinated worldwide. 
C)  the Internet, which limits business between buyers and sellers who are physically separated. 
D)  videoconferencing that allows sellers to demonstrate products to prospective buyers without the need for travel. 
E)  computer-based communications that allow virtual integration.

Question 11

Good,inexpensive international communication enables firms to "body shop," that is,transmit computer-oriented tasks worldwide to a cheap but skilled labor force.This is an example of a ________ driver of international business activity.

Accepted Answer

A)  political technological 
B)  market 
C)  technological 
D)  cost 
E)  competitive 
A)  political technological 
B)  market 
C)  technological 
D)  cost 
E)  competitive

Question 12

International business differs from domestic business in that a firm operating across borders must deal with which of the following additional environmental forces?

Accepted Answer

A)  Geographic 
B)  Foreign 
C)  Political 
D)  Competitive 
E)  Sociocultural 
A)  Geographic 
B)  Foreign 
C)  Political 
D)  Competitive 
E)  Sociocultural

Question 13

The internal forces over which management does have some control,such as the factors of production and the activities of the organization,are called the ________ forces.

Accepted Answer

controllable
Explanation: The internal f

When an affiliate in one country does business with customers in another,it is operating in the ____________ environment.

Historically,international business

That ______ trade is the best strategy for advancing the world's economic development is one of the few propositions on which almost all economists agree.

Within a generation's time,there has been an enormous improvement in the human condition,and every one of the development success stories was based on export-led growth facilitated by the _________ of trade.

Examples of the kinds of uncontrollable forces listed in the text are each of the following except

The ___________ environment is all the uncontrollable forces originating in the home country that surround and influence the life and development of the firm.

A(n)_________ company is a company with operations in multiple nations.

Discuss the three environments in which an international company operates.

According to the text,an international business is

According to the text,technological drivers for globalization include all of the following except

Good,inexpensive international communication enables firms to "body shop," that is,transmit computer-oriented tasks worldwide to a cheap but skilled labor force.This is an example of a ________ driver of international business activity.

International business differs from domestic business in that a firm operating across borders must deal with which of the following additional environmental forces?

The internal forces over which management does have some control,such as the factors of production and the activities of the organization,are called the ________ forces.

International Trade and Investment

Sociocultural Forces

Sustainability and Natural Resources

Political Forces That Affect Global Trade

Intellectual Property Rights and Other Legal Forces

Economic and Socioeconomic Forces

The International Monetary System and Financial Forces

International Competitive Strategy

Organizational Design and Control

Global Leadership Issues and Practices

International Markets: Assessment and Entry Modes

Marketing Internationally

Managing Human Resources in an International Context

International Accounting and Financial Management

Appendix A: International Institutions From a Business Perspective

Appendix B: Export and Import Practices

Appendix C: Global Operations and Supply Chain Management

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Exam 1: The Challenging Context of International Business

When an affiliate in one country does business with customers in another,it is operating in the ____________ environment.

Historically,international business

That ______ trade is the best strategy for advancing the world's economic development is one of the few propositions on which almost all economists agree.

Within a generation's time,there has been an enormous improvement in the human condition,and every one of the development success stories was based on export-led growth facilitated by the _________ of trade.

Examples of the kinds of uncontrollable forces listed in the text are each of the following except

The ___________ environment is all the uncontrollable forces originating in the home country that surround and influence the life and development of the firm.

A(n)_________ company is a company with operations in multiple nations.

Discuss the three environments in which an international company operates.

According to the text,an international business is

According to the text,technological drivers for globalization include all of the following except

Good,inexpensive international communication enables firms to "body shop," that is,transmit computer-oriented tasks worldwide to a cheap but skilled labor force.This is an example of a ________ driver of international business activity.

International business differs from domestic business in that a firm operating across borders must deal with which of the following additional environmental forces?

The internal forces over which management does have some control,such as the factors of production and the activities of the organization,are called the ________ forces.

International Trade and Investment

Sociocultural Forces

Sustainability and Natural Resources

Political Forces That Affect Global Trade

Intellectual Property Rights and Other Legal Forces

Economic and Socioeconomic Forces

The International Monetary System and Financial Forces

International Competitive Strategy

Organizational Design and Control

Global Leadership Issues and Practices

International Markets: Assessment and Entry Modes

Marketing Internationally

Managing Human Resources in an International Context

International Accounting and Financial Management

Appendix A: International Institutions From a Business Perspective

Appendix B: Export and Import Practices

Appendix C: Global Operations and Supply Chain Management

Filters