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BUSI 3250 Auburn Exam 1 with complete verified solutions 2025
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BUSI 3250 Auburn Exam 1 with complete verified solutions 2025
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BUSI 3250 Auburn Exam 1 withcomplete verified solutions 2025
an international company (IC) is a company headquartered in another
nation - answer false
As used in the text, the term environment means all the forces influencing
the life and development of the firm - answer true
lobbyists who advocate for new laws that will affect the production of a
business are an example if an internal force - answer false
those who work in the international environment find that decision making
is more complex than it is in a purely domestic environment - answer
true
Britain was the world's leading manufacturing country for about 1,800
years, until it was replaced by the United States in the 1800s - answer
false
the advent of globalization has had minimal effect on labor standards
around the world - answer false
opponents of free trade point out that globalization has contributed to a
decline in environmental and health conditions - answer true
what is an example of an internal force that can affect a company's
environment - answer human resources
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) - answer external force
, which of the environments associated with a company refers to the
uncontrollable forces originating outside the home country? - answer
foreign
the proportion of world trade coming from North America, Latin America,
Africa, and the Middle East has decreased since 1983 - answer true
thanks in part to communication advancements, international trade has
stabilized and become evenly distributed across all countries of the world
- answer false
the vast proportion of outward FDI, about two-thirds, originates from the
developed countries - answer true
Internalization theory suggests that when an organization has superior
knowledge, it may obtain a better price by selling it to the open market -
answer false
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 - answer false
since 1983, the proportion of world trade coming from the United States
has - answer decreased overall
since 1980, the United States proportion of world trade in commercial
services has - answer increased one-third
which country ranked the highest in 2016 in terms of merchandise
exports? - answer china
a major portion of the exports from developing countries go to _________
countries, and this proportion has been __________ - answer developed;
decreasing
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