BSM-414 International Business Management Mid-Term Exam Multiple Choice Questions 1. The term globalism or globalization generally refers to ___d__. a. increasing loyalty to your own country b. global competition characterized by networks that bind countries, institutions, and people. c. competition in an increasingly borderless world d. b and c only 2. Which of the following is correct about measuring globalization: C a. The United States is the most globalized country. b. Globalization is measured using only economic factors. c. Trade, travel, technology, and links with the rest of the world are four comprehensive measures of …show more content…
ethnic strife 14. What kinds of jobs are currently being offshored/outsourced from the United States of America? a. tax processing b. factory, production, assembly line jobs c. high skilled medical analysis, computer programming jobs d. all of the above 15. The U.S is offshoring white-collar computer programming jobs to India because _____. a. Indians are better programmers than Americans b. Indians speak better English than Americans c. Indian programmers cost one-fourth the cost of equivalent American programmers d. all of the above 16. An important aspect of the political environment is the phenomenon of _____ - a driving force behind political instability around the world. a. ethnicity b. government oppression c. fascism d. racism 17. Which of the following best describes nationalization? a. use of locals in management positions b. giving hiring precedence to locals over employees from the company’s headquarters c. government’s gradual and subtle actions against a firm d. forced sale of an MNC’s assets to local buyers 18. _____ occurs when the local government seizes the foreign-owned assets of the MNC and provides inadequate compensation. a. Nationalization b. Expropriation c. Confiscation d. Repatriation 19. Suppose
1. Should he pay the “commission” and, if so, to whom? Explain your reasoning. If he pays, how should he handle the situation with the sales manager and the vice president of sales? In your answer, include a discussion of the arguments in favor of paying and the arguments in favor of not paying.
There are several different types of business ownership which are most commonly used in business’ and company’s today, these include; Co-operative which is a business owned by its employees, Partnership which is a business owned by between 2 and 20 people, Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a business with the purpose to help the public, the government is a business owned by the government and lastly a sole trader which is a business owned by only one person.
a. You need produce an informative leaflet which includes an explanation of the role of advertising agencies. It should explain the role that Adam & Eve DDB played in at least one of Marmite’s successful promotional campaigns eg Marmite’s Election Campaign, Marmite’s Neglect Campaign. Your leaflet should include the following:
Poor security in a nation does not typically lead to _______ in the development process?
Please note that this Assessment document has 8 pages and is made up of 7 Sections.
i. DEFINITION: a number of affiliated businesses which function simultaneously in different countries, are joined together by ties of common ownership of control, and are responsible to a common
Expected wait time in the system for an application in Region 1 is approximately 37 days, with actual processing time of 14.10 hours. This is where the bottleneck occurs as it takes the evaluation team over 16 days out of the 37 to perform the review of 78 applications.
Which is cost difference determines the patterns of international trade. Absolute advantage is trade benefits when each country is at least cost producer of one of the goods being traded. In the 1800s, David Ricardo developed the theory of comparative advantage to measure gains from trades. This theory is based on comparative advantage and it states each nation should specialize in production of those goods for which its relatively more efficient with a lower opportunity cost.
The exporting of American jobs is an issue that is important and will become increasingly so as more and more white collar jobs are shipped overseas. American companies in the past few decades have been sending American jobs overseas paying residents of other countries pennies on the dollar what they had paid American workers to do. This saves the companies millions of dollars on labor costs but costs Americans precious jobs.
Six months ago, Antiques R Us (a Canadian corporation) entered into a contract with Yankee Antiques (an American company) to purchase “a desk used by George Washington himself after his retirement from the Presidency”. The sum of $500,000 was to be paid to Yankee Antiques after 30 days of
1. What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or decrease over the next decade? Why?
In this report I am going to define the meaning of Globalisation and assess the impact of globalisation on the way the business operate.
Measuring a potential business venture has many aspects which the international manager must be aware of in order to convey the correct information back to the decision makers. Being ignorant to any of the aspects can lead to a false representation of the project, and hence an uninformed decision being passed. In order for a business to survive it must grow. For growth to be optimal, management must first be able to identify the most attractive prospective leads. The country as a whole, specifically geography, government, and financial aspects must be looked at in order to yield the best possible picture of the market a company wishes to enter. Concentration should be placed on gathering reliable facts
This is a research paper on international business in the United Kingdom. This paper will show investors everything about the UK and if they wish to invest in the country. Before any person should invest in any place that is unknown to them, they should conduct research like here before you. The following paper includes research like culture, background, trading, business ethics, recent events. An understanding of this information will help you decide on investing.
Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living.