Geb 3375 exam 1 Study guides, Class notes & Summaries

GEB 3375 Exam 1 UCF LATEST UPDATE GRADED A+ Globalization of markets refers to the interconnectedness of national economies and the growing interdependence of buyers, producers, suppliers, and governments around the world Role of Technology in Globalization technology offers products/services worldwide, communication finding information, the world has become a "small place" Examples of Technology's Role in Globalization -shorter flight times -declining cost of global communicat...

Globalization of markets : refers to the interconnectedness of national economies and the growing interdependence of buyers, producers, suppliers, and governments around the world Role of Technology in Globalization : technology offers products/services worldwide, communication finding information, the world has become a "small place" Examples of Technology's Role in Globalization : -shorter flight times -declining cost of global communication -growing # of internet users -ease of...

________ is the transportation of any domestic good or service to a destination outside a country or region. A. exporting B. importing C. f.o.b. shipping D. foreign exchange - A ___________ is the transportation of any good or service into a country or region, from a foreign origination point. A. exporting B. importing C. f.o.b. shipping D. foreign exchange - B ____________ are all forms of discrimination against imports other than import duties. A. tariffs B. barriers C. tax levi...

Firms operating across borders must deal with the forces of three kinds of environments. These environments include all of the following except: A. domestic B. local C. foreign D. international E. none of the above - Answer-B All of the following are major drivers leading firms to internationalize their operations except: A. technological B. cost C. social D. market E. competitive - Answer-C T/F - Globalization of product lines and production helps reduce costs by achieving economie...

Globalization of markets - Answer-refers to the interconnectedness of national economies and the growing interdependence of buyers, producers, suppliers, and governments around the world Role of Technology in Globalization - Answer-technology offers products/services worldwide, communication finding information, the world has become a "small place" Examples of Technology's Role in Globalization - Answer--shorter flight times -declining cost of global communication -growing # of internet...

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% of Florida exporters that are small and medium sized enterprises - Answer-95% 2013 largest markets for american exports - Answer-about 1/2 went to other nations in North America Acculturation - Answer-the process of adjusting and adapting to a culture other than one's own; commonly experienced by expatriate workers Approximate number of Florida companies exporting - Answer-61,000 Arguments against globalization - Answer-1. it has produced uneven results across nations and people 2. dele...

____________ is a collective programming of the mind that distinguishes the members of one group or category of people from another - Answer-Culture ____________ viewed precious metals like gold and silver as the only source of wealth, and their accumulation as essential to a nation's welfare - Answer-Mercantilism ______________ is a process where a company exports a product at a price lower than the price it normally charges in its own home market - Answer-Dumping ______________ US jobs ...

Approximate number of Florida companies exporting - 61,000 Florida's rank as "exporting state" based on number of exporters - Second highest in the United States, behind California 1 out of 5 U.S. companies that export are located in Florida Number of jobs supported by International Trade in Florida (2013) - 2,400,000; 23% of total jobs Of those Florida exporters, what % were SMEs? - 95% The key export destination (according to the slides) for Florida exporter is which country - Canada ...

GEB Exam 1 questions and answers 2023According to the College of Business website, the "Business Common Program Prerequisites" includes what classes ACG 2021, ACG 2071, ECO 2013, ECO 2023, & ECO 3401 According to the College of Business website, the "Career Professionalism Series" includes what classes GEB 3006, GEB 3005, GEB 4223, & GEB 4004 According to the College of Business website, the "Primary Core" includes what classes ECO 3411, MAR 3023, MAN 3025, ACG 3173, & FIN...