International Business Multiple Chioce

Satisfactory Essays
International Business, 13e (Daniels/Radebaugh/Sullivan)
Chapter 1 Globalization and International Business

1) The broadening set of interdependent relationships among people from different parts of the world is known as ________.
A) globalization
B) offshoring
C) franchising
D) outsourcing
Answer: A
Diff: 1 Page Ref: 5
Skill: Concept
Objective: STUDY QUESTION 1.1: What are international business and globalization? What is the relationship between them?
AACSB: Multicultural and Diversity

2) The term globalization is sometimes used to mean the ________.
A) movement of jobs to high-wage countries
B) business being undertaken outside the confines of any nation
C) uneven distribution of resources and this distribution's influence on
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A) it is essential for most managerial job interviews
B) it may help you make more informed operational decisions
C) you will need to supervise and evaluate subordinates who have international responsibilities
D) you should understand importing and exporting in order to be promoted
Answer: B
Diff: 2 Page Ref: 7
Skill: Concept
Objective: STUDY QUESTION 1.2: Why should you study international business?

9) The shifting of national borders has created which of the following situations for international business?
A) It has left most people who reside in rural areas with only the barest connection to the rest of the world.
B) It has complicated the understanding of behavioral factors affecting business.
C) It has made comparisons of historical data on international transactions problematic.
D) It has slowed communications between a company's headquarters and foreign operations.
Answer: C
Diff: 2 Page Ref: 7
Skill: Concept
Objective: STUDY QUESTION 1.3: Explain how globalization has changed over time and differs both among countries and within countries.
AACSB: Multicultural and Diversity

10) Which of the following is an indication of the increased globalization of business since the end of World War II?
A) World trade has grown more rapidly than world production in almost every year.
B) Most countries now depend on foreign output for more than half their consumption.
C) Foreign ownership of
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