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BUSA 4000 Final Exam Review Questions and Answers (Latest Update 2025)
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BUSA 4000 Final Exam Review Questions and Answers (Latest Update 2025)
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BUSA 4000 Final Exam Review Questionsand Answers (Latest Update 2025)
International business is defined as the performance of _____
activities by firms across national borders - Correct Answer
✅ Trade and Investment
Which of the following best characterizes the development of
international business? - Correct Answer ✅ It has existed in
some form for centuries
_____ refers to the transfer of assets to another country of the
acquisition of assets in that country - Correct Answer ✅
International Investment
Which of the following would NOT be considered an example
of foreign direct investment (FDI)? - Correct Answer ✅
Cross border purchase of stocks
____ is the total value of products and services produced in a
country over the course of a year - Correct Answer ✅ GDP
,BUSA 4000 Final Exam Review Questions
and Answers (Latest Update 2025)
Which of the following has contributed to the rapid growth of
trade among nations EXCEPT - Correct Answer ✅ The
increase in trade barriers
Which of the following types of risk is also known as political
risk? - Correct Answer ✅ Country Risk
Which of the following is NOT an example of a cross-cultural
risk factor? - Correct Answer ✅ Cost of production
Fluctuating exchange rates are an example of which of the
following? - Correct Answer ✅ Currency Risk
Businesses that directly initiate international business
transactions are known as - Correct Answer ✅ Focal firms
Firms that emphasize global integration make and sell -
Correct Answer ✅ Products that require minimal adaption
, BUSA 4000 Final Exam Review Questions
and Answers (Latest Update 2025)
Graham Technologies is a UK-based consumer electronics
manufacturer. The company markets netbooks, smartphones,
laptops, and desktops in the international market and each
product division operates as a stand-alone profit center with
substantial autonomy. This is an example of a - Correct
Answer ✅ Product structure
Which of the following is necessary for local responsiveness
to effectively increase a firm's competitiveness? - Correct
Answer ✅ Local managers need to be able to make
decisions based on local needs
Which of the following is a disadvantage of a geographic area
structure? - Correct Answer ✅ Geographic area managers
potential lack of global orientation for developing and
managing products
Which of the following activities would be considered last by
a manager while developing strategies? - Correct Answer
✅ Deciding how best to contend with competitors
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