Which of the following would not be considered a basic source of globalization? correct answers d.
Differentiation among countries
Globalization is correct answers a.
The trend of businesses expanding beyond their domestic boundaries.
. Multinational management is correct answers c.
The...
MGMT 4660 EXAM 1- HUBBARD || ALREADY PASSED.
Which of the following would not be considered a basic source of globalization? correct answers
d.
Differentiation among countries
Globalization is correct answers a.
The trend of businesses expanding beyond their domestic boundaries.
. Multinational management is correct answers c.
The formulation and design of management systems to successfully take advantage of
international opportunities and respond to international threats.
. According to the text, the multinational company correct answers b.
Is any company that engages in any business function across borders.
Which of the following is not a classification of economic systems noted in the text? correct
answers a.
Domestic economies
Transition economies are correct answers c.
Countries changing from government-controlled or communistic economies to a more free
market capitalism.
Emerging markets include correct answers b.
Brazil, China, Russia, India.
Developing economies are correct answers b.
Hong Kong, Singapore, and Taiwan.
Emerging markets are defined as those that are: correct answers a.
Growing rapidly.
Major regional trade agreements include all of the following EXCEPT correct answers d.
PROTEC.
The World Trade Organization: correct answers b.
Succeeded the GATT agreements.
Examples of developed economies would include: correct answers a.
The U.S. and Japan.
According to your text, FDI means correct answers c.
A foreign company has an ownership position in a company in another country.
The two forms of risk discussed in the text include correct answers d.
, Economic and political risk.
Economic risks discussed in the text include correct answers c.
Exchange and interest rates.
Anything that a government might do to affect a multinational adversely is known as correct
answers d.
Political risk.
A global product or service is correct answers b.
A similar product or service for all customers throughout the world.
Which of the following statements about the Internet and Information Technology is true?
correct answers a.
The Internet is benefiting companies worldwide.
The free market reforms in emerging countries are creating a potential group of correct answers
a.
new competitors.
Which of the following statements is true about privatization? correct answers a.
Developing nations have the highest rate of privatization.
Global customers: correct answers c.
Search the world for their supplies without regard to national boundaries.
Global trade has this important effect on developing new competitors. correct answers a.
It facilitates the transfer of technology, allowing former assemblers to become creators.
Global standards for products correct answers b.
Refer to having one product standard for all countries.
According to the experts cited in your text, the next generation of global managers will need all
of the following, EXCEPT: correct answers c.
Poor negotiation skills
A global mindset requires managers to think globally but correct answers a.
act locally.
The strategic approach to multinational management correct answers c.
Is concerned with developing strategies that deal with operating in more than one country and
culture.
Which of the following statements about globalization is false? correct answers a.
Globalization is a simple evolutionary process.
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 FullyFocus. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
