100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
BUSI 3250 Auburn Exam 1 2023 70 Questions with 100 Correct Answers Updated Verified $12.49   Add to cart

Exam (elaborations)

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

 4 views  0 purchase
  • Course
  • Institution

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...

[Show more]

Preview 2 out of 10  pages

  • March 12, 2024
  • 10
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
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



PaperStoc.com Page 1 of 10

,  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




PaperStoc.com Page 2 of 10

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 Academik001. 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)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart