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D270 Davis Midterm Questions With Solved Solutions Already Passed.
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10/7/24, 4:10 AMD270 Davis Midterm
Jeremiah
Terms in this set (179)
The broadening set of interdependent A
relationships among people from different
parts of the world is known as ______.
A) globalization
B) offshoring
C) franchising
D) outsourcing
The broadening set of interdependent C
relationships among people from different
parts of the world is known as ______.
A) globalization
B) offshoring
C) franchising
D) outsourcing
Which of the following is NOT a likely C
reason to study international business?
A) Global events affect almost all
companies.
B) Differences among countries in physical,
social, and competitive conditions may
cause companies to alter their operating
methods from country to country.
C) Business conducted outside the
confines of any one country is inexplicably
on the decline.
D) Firms may be better able to obtain
better or less expensive resources by
operating internationally.
1/22
,10/7/24, 4:10 AM
) In terms of international business, it is C
most accurate to say that _____ _.
A) there is a universal "best way" to
conduct business
B) global competition affects large
companies but not small ones
C) most firms depend either on foreign
markets and supplies or compete against
companies that do
D) government regulation of international
business has little effect on a company's
profits
Devon, an accounts manager at a large B
electronics firm, does not have any direct
international responsibilities. However,
Devon would most likely benefit from
studying international business issues so
that he can _____ _.
A) conduct better job interviews
B) better understand how foreign
operations affect the company's
competitive position
C) supervise and evaluate subordinates
who have global assignments
D) understand the legalities of importing
and exporting products overseas
The shifting of national borders has most C
likely created which of the following
situations for international business?
A) It has left rural residents more isolated
from technology.
B) It has complicated the understanding of
behavioral factors affecting business.
C) It has increased physical barriers to
exporting.
D) It has slowed communications between
a company's headquarters and foreign
operations.
Which of the following is an indication of B
the increased globalization of business
since the end of World War II?
A) Foreign trade has largely replaced
foreign ownership as a means of
conducting international business.
B) World trade has grown more rapidly
than world production.
C) Globally, consumers now depend on
foreign output for more than half their
consumption.
D) Countries have increased their import
restrictions to counter the rising tide of
imports.
D270 Davis Midterm
2/22
, 10/7/24, 4:10 AM
Most of the world's goods and services are B
sold ___ _.
A) in international markets
B) in the countries where they are
produced
C) through exports to small countries
D) through exports to large countries
According to the A.T. Kearny/Foreign Policy D
Globalization Index, countries _____ _.
A) tend to be ranked similarly on all four
dimensions
B) are more globalized on the political
dimension than on personal contact
C) that are large in land mass and
population are less globalized than small
countries
D) sometimes rank high on one dimension
and low on another
Which of the following has NOT been a D
major force increasing globalization in
recent decades?
A) liberalization of cross-border trade
B) increase in and expansion of technology
C) growing pressure from consumers
D) decreasing prices of natural resources.
Institutional development of services by C
business and government has aided the
expansion of international business by
________.
A) providing a universally agreed upon
language for conducting international
transactions
B) removing immigration restrictions so that
global firms can move personnel easily
C) developing means to ease the flow of
goods among countries
D) spurring competition among domestic
producers
3/22
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