International Business Chapter 1-4 - 2294 Words

Chapter 01 Globalization and International Linkages 1. To qualify as a multinational corporation, a firm must meet all of the following criteria except: A. Operations in more than one country B. International sales C. A nationality mix of managers and owners D. Sales of at least one million dollars per year 2. Antiglobalization activists: A. Contend that even within the developing world, it is protectionist policies, not trade and investment liberalization, that result in environmental and social damage B. Believe globalization will force higher-polluting countries such as China and Russia into an integrated global community that takes responsible measures to protect the environment C. Assert that if corporations are free†¦show more content†¦Assumptions about the Japanese workforce have turned out to be more myth than reality and some of the former strengths have become weaknesses in the new economy D. Japan s consensus decision making system turns out to be very efficient and effective in the new speed-based economy 10. Identify the statement false of China s economic condition. A. China s GDP has remained strong, maintaining at least 8 percent growth and surpassing 10 percent in 2006 B. In the first quarter of 2007, China s GDP grew at a blistering 11.1 percent causing some concerns that the Chinese government has been unable to tap the breaks on this rapid growth C. Trade relations between China and developed countries and regions, such as the United States and the EU, are lax D. Massive savings glut in the corporate sector, the globalization of manufacturing networks are major challenges faced by China Chapter 02 The Political, Legal and Technological Environment 1. Aristotle and David Hume contributed to the principle of: A. Socialism B. Collectivism C. Individualism D. Communism 2. According to the text, _____ relations are the cornerstone of a united Europe. A. Franco-German B. British-Franco C. Spanish-French D. German-British 3. Governmental power in a democracy is limited by: A. The accountability of the elected representatives to the general public B.Show MoreRelatedBusiness 115 Final Exam Study Guide Essay1334 Words   |  6 Pageseach essay question should answer the question completely and average 2 – 3 paragraphs in length. The exam reflects the following course objectives and possible topics: TCO 1 Chapters 1, 2, 3, 5, 6, 13 and 15 Weeks 1, 2, 4 and 5 Given a description of a typical business, demonstrate how that business acts within our economic system to achieve its goals as well as those of society, along with an understanding of how the future may impact these goals. * Understand theRead MoreBUSN115 Final Exam Study Guide1656 Words   |  7 Pagespoints and 1 worth 10 points. Be sure to save and save often while you are working on the exam, and submit the exam when you are finished. 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