Exam (elaborations)
BUSI 303 exam
- Course
- Institution
Exam of 22 pages for the course BUSI 303 exam at BUSI 303 exam (BUSI 303 exam)
[Show more]
Seller
Follow
divedmark
Reviews received
Content preview
Liberty University BUSI 303 exam 2 complete solutions correct answers guaranteeCheck out
You can find 7 more different versions.
Press Ctrl F and type your questions (just a few words).
And then press Enter to find questions and answers easy.
Question 1
2.5 out of 2.5 points
Companies often find motivational reasons to expand globally. These motivations can be
categorized into 4 groups: primary, alternate, proactive and reactive.
Selected Answer: False
Question 2
2.5 out of 2.5 points
The progressive stages of economic integration, in order of intensity are: Preferential Trade
Area, Custom Union, Free Trade Area, Common Market, and EU.
Selected Answer: False
Question 3
2.5 out of 2.5 points
A large portion of all FX market transactions are spot transactions.
Selected Answer: True
Question 4
2.5 out of 2.5 points
The Euro is the world’s leading currency.
,Selected Answer: False
Question 5
2.5 out of 2.5 points
Every country may not necessarily have its own security exchange.
Selected Answer: False
Question 6
2.5 out of 2.5 points
The intended outcome of regional economic integration is to promote economic prosperity
and stability among signatory nations.
Selected Answer: True
Question 7
2.5 out of 2.5 points
The initial goal of NAFTA was to increase investment and decrease tariffs between Mexico
and the U.S.
Selected Answer: True
Question 8
2.5 out of 2.5 points
Decisions to move domestic operations and products into the global marketplace include
the desire to increase sales and profitability and to realize cost savings and profitability as
a result of a partial or whole relocation in a foreign nation.
Selected Answer: True
Question 9
2.5 out of 2.5 points
Two types of entry modes are available into a market: low intensity and high intensity. The
main difference between the two depends on how much risk and/or control an entering
business is willing to take.
Selected Answer: True
Question 10
2.5 out of 2.5 points
Capacity planning is suggested, but not necessary, within operations management to allow
companies to succeed.
, Selected Answer: False
Question 11
2.5 out of 2.5 points
In the U.S., the Federal Reserve Bank is responsible to regulate the growth of the economy.
Selected Answer: True
Question 12
2.5 out of 2.5 points
The intent of forming a trading bloc may range from the potential of trade creation to the
desire for economic protectionism.
Selected Answer: True
Question 13
2.5 out of 2.5 points
Firms with reactive motivation will most likely enter the international market because they
want to take the initiative to be aggressive while proactive firms go international because
they must in order to compete.
Selected Answer: False
Question 14
2.5 out of 2.5 points
One of the benefits of trading blocs is greater division of labor.
Selected Answer: True
Question 15
2.5 out of 2.5 points
Two major contributing circumstances of the demise of the gold standard were the Great
Depression and the Vietnam War.
Selected Answer: False
Question 16
2.5 out of 2.5 points
European Community established its Exchange Rate Mechanism (ERM) in 1979 and
formed the initial steps for the creation of a single European currency.
Selected Answer: True
Question 17
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 divedmark. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $23.43. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75759 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now