Busi 3250 exam - Study guides, Class notes & Summaries

BUSI 3250 Auburn Exam 1 | 2024 | 70 Questions with 100% Correct Answers | Updated & Verified an international company (IC) is a company headquartered in another nation - - false As used in the text, the term environment means all the forces influencing the life and development of the firm - - true lobbyists who advocate for new laws that will affect the production of a business are an example if an internal force - - false those who work in the international environment find that decision...

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BUSI 3250 Exam 2 Nationalization is also called - Expropriation the taking of private property by a government to make it public - Nationalization US Government took over ownership of what company during crisis of ? - GM the selling of government owned property to the private sector to gain more efficiency in business operations, to raise money or to change in political climate/philosophy - Privatization (why governments sell businesses) Protect the economic activities of citize...

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BUSI 3250 Exam 1 Study Guide What are the 3 P's of sustainability? - people, planet, profit Meeting the needs of the future without compromising the ability of future generation's to meet their needs - Sustainable Development C.K. Prahalad popularized the term - "Bottom of the Pyramid" What does "Bottom of the Pyramid" refer to? - refers to the approximately 3 billion people who survive on less than $2 per day, where basic survival needs are just barely met. Prahalad suggest...

foreign environment - ANSWER-All the uncontrollable forces originating outside the home country that surround and influence the firm international environment - ANSWER-Interaction between domestic and foreign environmental forces or between sets of foreign environmental forces gross domestic product (GDP) - ANSWER-the total monetary value of all goods and services produced within a nation gross national income (GNI) - ANSWER-The total value of all income generated by the residents of a ...