Exam (elaborations)
BUSI 604 Test 1 (Set-3), Questions And Answers, Liberty University
- Course
- Institution
BUSI 604 Test 1 (Set-3), Questions And Answers, Liberty University
[Show more]
Seller
Follow
QUIZSCORE
Reviews received
Content preview
BUSI 604 Test 1Question 1
2 out of 2 points
The (______) brought about the first efficient forms of mass
transportation using machine power.
Selected Answer: Steam engine
Question 2
2 out of 2 points
The Information Age was characterized by a marked surge in
manufacturing techniques that included mass assembly, electricity,
and new forms of propulsion.
Selected Answer: False
Question 3
2 out of 2 points
(_______) is an attractive option for firms looking to diversify their
investment portfolios and creating opportunities for firms looking to
enter emerging markets.
Selected Answer: Foreign direct investment
Question 4
,0 out of 2 points
The U.S. is home to some of the world’s leading hardware and
software manufacturers.
Selected Answer: False
Question 5
2 out of 2 points
(_____) are much more narrowly defined than knowledge areas in that
they represent quantifiable measures.
Selected Answer: Skills
Question 6
2 out of 2 points
Improvement in transportation, advances in communications
technology, and trade-friendly legislation have all contributed to the
desire to produce a seamless global economy.
Selected Answer: True
Question 7
2 out of 2 points
Africa was one of the oldest examples of an international trading
community.
Selected Answer: False
Question 8
, 2 out of 2 points
(___), (___), and (____) are considerable operational differences of
global businesses from that of domestic businesses.
Selected Answer: All of the above
Question 9
2 out of 2 points
When a firm in one nation exchanges products, services, resources, or
capital with a firm located in another nation, this exchange constitutes
a(n) (_________).
Selected Answer: international transaction
Question 10
2 out of 2 points
(______) was a major contributor to continental trade growth between
the United States, Mexico, and Canada because it eased quotas,
tariffs, and customs procedures.
Selected Answer: NAFTA
Question 11
2 out of 2 points
The international market removes the boundaries of local market
territories, thereby decreasing the potential market audience
Selected Answer: False
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller QUIZSCORE. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
83614 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now