Exam (elaborations)
BUSI 3250 Exam 2 Questions and Answers
- Course
- Institution
BUSI 3250 Exam 2 Questions and Answers
[Show more]
Content preview
BUSI 3250 Exam 2 Questions andAnswers
nationalization - Answer-Changing something from private to state ownership or control,
why governments get involved (ex. USPS)
Privatization - Answer-To change from government or public ownership or control to
private ownership or control, why governments sell businesses
Four Areas of Increasing Concern to Governments - Answer-- terrorism
- kidnapping
- piracy
- cybercrime
Country Risk Assessment - Answer-An assessment of a country's economic situation
and politics to determine how much risk to employees, property, and investment exists
for the firm doing business there
Reasons for restricting trade - Answer--Provide for national defense
-Impose sanctions
-Protect an infant or dying industry
-Protect domestic jobs
-Ensure fair competition
-Retaliate
-Increased revenue
Quantitative Barriers - Answer-- quotas
- absolute
- tariff rate
Nonquantitative Nontariff Barriers - Answer--Direct government participation in trade
-Customs and other administrative procedures
-Standards
Civil Law - Answer-written not interpreted, judge issues the decision
Common Law - Answer-A legal system based on custom and court rulings, more need
for jury
Religious Law - Answer-based on the officially established rules governing the faith and
practice of a particular religion
International Law - Answer-A body of rules that binds states and other agents in world
politics and is considered to have the status of law
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 lectknancy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81113 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now