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BUSI 3250 Auburn Exam 1 2023 70 Questions with 100 Correct Answers Updated Verified $12.49   Add to cart

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BUSI 3250 Auburn Exam 1 2023 70 Questions with 100 Correct Answers Updated Verified

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BUSI 3250 Auburn Exam 1 | 2023 | 70 Questions with 100% Correct Answers | Updated & Verified an international company (IC) is a company headquartered in another nation As used in the text, the term environment means all the forces influencing the life and development of the firm lobbyists who ad...

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  • March 12, 2024
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BUSI 3250 Auburn Exam 1 | 2023 | 70 Questions
with 100% Correct Answers | Updated & Verified

1). An international company (ic) is a company headquartered in another nation

 Ans: false


2). As used in the text, the term environment means all the forces influencing the life and
development of the firm

 Ans: true


3). Lobbyists who advocate for new laws that will affect the production of a business are an
example if an internal force

 Ans: false


4). Those who work in the international environment find that decision making is more complex
than it is in a purely domestic environment

 Ans: true


5). Britain was the world's leading manufacturing country for about 1,800 years, until it was
replaced by the united states in the 1800s

 Ans: false


6). The advent of globalization has had minimal effect on labor standards around the world

 Ans: false


7). Opponents of free trade point out that globalization has contributed to a decline in
environmental and health conditions

 Ans: true


8). What is an example of an internal force that can affect a company's environment



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,  Ans: human resources


9). Gabriel industries is located near a port city which allows it to ship products easily overseas
to its international customers. the geographic location of the company is an example of
a(n)

 Ans: external force


10). Which of the environments associated with a company refers to the uncontrollable forces
originating outside the home country?

 Ans: foreign


11). The proportion of world trade coming from north america, latin america, africa, and the
middle east has decreased since 1983

 Ans: true


12). Thanks in part to communication advancements, international trade has stabilized and
become evenly distributed across all countries of the world

 Ans: false


13). The vast proportion of outward fdi, about two-thirds, originates from the developed
countries

 Ans: true


14). Internalization theory suggests that when an organization has superior knowledge, it may
obtain a better price by selling it to the open market

 Ans: false


15). The dynamic capability theory states that for a firm to invest overseas, it must have three
kinds of advantages: ownership specific, internalization, and location specific

 Ans: false


16). Since 1983, the proportion of world trade coming from the united states has




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