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MNE Classification Criteria Exam Questions and Answers Rated 100% Multinational Enterprise (MNE) - Answers A company with productive activities in two or more countries. Globalization - Answers Shift toward a more integrated and interdependent world economy. World Trade Growth - Answers Value o...

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  • October 24, 2024
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  • MNE Classification Criteria
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MNE Classification Criteria Exam Questions and Answers Rated 100%

Multinational Enterprise (MNE) - Answers A company with productive activities in two or more
countries.

Globalization - Answers Shift toward a more integrated and interdependent world economy.

World Trade Growth - Answers Value of international trade in goods growing faster than world GDP.

Consumer Goods Market Globalization - Answers National differences in tastes hinder globalization in
consumer markets.

Uruguay Round of GATT - Answers Negotiations reducing trade barriers and enhancing IP protection.

Command Economy - Answers Economic system where government controls prices, output, and
prohibits private enterprises.

Property Rights - Answers Legal structure protecting ownership of assets; lacking in ex-communist
countries.

Spread of Democracy - Answers Caused by totalitarian regime failures, tech advancements, and
emerging middle class demands.

Modernization Retreat - Answers Non-Western societies modernize but may revert to traditional values,
like Islam resurgence.

Purchasing Power Parity (PPP) - Answers Adjustment to GNI accounting for cost of living differences for
international comparisons.

Hofstede's Dimensions - Answers Proposed cultural dimension addition: indulgence versus restraint in
societal behaviors.

World Values Survey (WVS) - Answers Research project on global values, norms, democracy, gender
equality, and societal impacts.

Caste Mobility in Hinduism - Answers Historically, mobility between castes signifies spiritual progression
and reincarnation in Hinduism.

Hinduism - Answers Historically supported India's caste system with reincarnation beliefs.

Caste Mobility - Answers Achieved through spiritual progression and reincarnation in Hinduism.

Hofstede's Masculinity vs. Femininity - Answers Examines gender roles in cultures; distinguishes
masculine and feminine values.

Confucian Ethics - Answers Values like loyalty, reciprocal obligations, and honesty influence business.

Sustainability - Answers Ensures actions benefit future generations and stakeholders economically.

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