Question 1

Of the following, which is NOT true regarding the Internet and cell phone era?

Accepted Answer

A)  Fortunately, the next billion users will be the same as the first billion 
B)  The majority of users will be from developing countries 
C)  Text messaging will likely predominate emerging economies; mobile phone usage 
D)  Countries are skipping the use of land-line technology and jumping to wireless systems 
E)  Developing countries may "leapfrog" an entire generation of technology 
A)  Fortunately, the next billion users will be the same as the first billion 
B)  The majority of users will be from developing countries 
C)  Text messaging will likely predominate emerging economies; mobile phone usage 
D)  Countries are skipping the use of land-line technology and jumping to wireless systems 
E)  Developing countries may "leapfrog" an entire generation of technology

Question 2

________ are economic policy changes that promote private sector development, competitive markets, market-pricing, freer trade, and deregulation.

Accepted Answer

The answer of ________ are economic policy changes that promote...

Question 3

Which of the following is NOT true regarding the global use of information technology?

Accepted Answer

A)  Our globe relies on the Internet for business and social activity. 
B)  Broadband prices have been falling. 
C)  The IT revolution has been relatively slow. 
D)  Internet-related technologies help reduce corporate and societal hierarchies. 
E)  Internet and wireless technologies could make many authoritarian governments uneasy. 
A)  Our globe relies on the Internet for business and social activity. 
B)  Broadband prices have been falling. 
C)  The IT revolution has been relatively slow. 
D)  Internet-related technologies help reduce corporate and societal hierarchies. 
E)  Internet and wireless technologies could make many authoritarian governments uneasy.

Question 4

A system of responsibility in which an authority, such as the government, is answerable for its actions refers to ________.

Accepted Answer

The answer of A system of responsibility in which an...

Question 5

Countries that have successfully adapted to globalization realize that they cannot succeed without high-quality government management at home.

Accepted Answer

A) True 
 B)False

Question 6

Countries that have been moving toward more open trade and free market policies are known as _____.

Accepted Answer

A)  African countries 
B)  open-door economies 
C)  industralized countries 
D)  globalized economies 
E)  emerging market economies 
A)  African countries 
B)  open-door economies 
C)  industralized countries 
D)  globalized economies 
E)  emerging market economies

Question 7

What was the initial primary role of the World Bank?

Accepted Answer

A)  To aide in the reconstruction of Europe after World War II 
B)  To help eradictate communicable diseases 
C)  To try to avoid a repetition of the disastrous economic policies that had contributed to the Great Depression. 
D)  To deal primarily with tariff negotiations 
E)  To provide loans and take equity position in private companies 
A)  To aide in the reconstruction of Europe after World War II 
B)  To help eradictate communicable diseases 
C)  To try to avoid a repetition of the disastrous economic policies that had contributed to the Great Depression. 
D)  To deal primarily with tariff negotiations 
E)  To provide loans and take equity position in private companies

Question 8

Which of the following is NOT a main purpose of the IMF?

Accepted Answer

A)  Provide a forum for cooperation on international monetary problems 
B)  Facilitate the sustainable growth of international trade 
C)  Promote exchange rate stability 
D)  Lend countries foreign exchange when needed 
E)  Provide long-term low-interest social sector and infrastructure loans 
A)  Provide a forum for cooperation on international monetary problems 
B)  Facilitate the sustainable growth of international trade 
C)  Promote exchange rate stability 
D)  Lend countries foreign exchange when needed 
E)  Provide long-term low-interest social sector and infrastructure loans

Question 9

Scenario - The Everline Corporation
The Everline Corporation is a multinational business that provides state-of-the-art digital communication capabilities to its global customers. Originally operating as a U.S. domestic business based in Duluth, Minnesota, Everline quickly seized on the opportunity provided by international expansion. Within two years, the corporation had expanded into fourteen foreign nations found throughout the Middle East, Europe, Asia, and South America.
Everline understands the vital importance of offering effective and affordable communication products to its customers. It realizes the value consumers place on being able to communicate with businesses without delays or hassles. The corporation recognizes its customers need to quickly and efficiently communicate with others in the global marketplace of today.
Fueled by its staff of innovative and highly skilled communication engineers, the future for Everline looks more and more promising. Communication needs around the globe continue to grow and this business stands ready to fill the demand. With net profits expected to reach one billion dollars in the next year, this company is decidedly reaping the rewards of its hard work.
-The Everline Corporation's future business plans include expanding into foreign markets where the use of mobile Web browsing is growing rapidly. Which one of the following countries would this organization be least likely to look toward to include in their future expansion plans?

Accepted Answer

A)  India 
B)  South Africa 
C)  Indonesia 
D)  Canada 
E)  Russia 
A)  India 
B)  South Africa 
C)  Indonesia 
D)  Canada 
E)  Russia

Question 10

A survey by the World Bank indicates that of the companies surveyed; unfortunately, only 30 percent have board-approved policies on environmental management indicating that corporate social responsibility practices have become an insignificant factor in determining where multinational corporations conduct business.

Accepted Answer

A) True 
 B)False

Question 11

Trade without discrimination, freer trade, predictability, promotion of fair competition, and _____ are the five principles of the multilateral trading system.

Accepted Answer

A)  integrated capital markets 
B)  encouragement of economic reform in developing countries 
C)  liberalization of the trading system 
D)  nontariff trade 
E)  international 
A)  integrated capital markets 
B)  encouragement of economic reform in developing countries 
C)  liberalization of the trading system 
D)  nontariff trade 
E)  international

Question 12

The Multilateral Investment Guarantee Agency performs which of the following functions?

Accepted Answer

A)  Provides long-term low-interest social sector and infrastructure loans to the poorest members utilizing foreign aid funds provided by rich nation members 
B)  Provide loans and take equity position in private companies of developing countries and works toward developing capital markets in those economies 
C)  Supports reconstruction and restructuring of member countries utilizing funds raised in international capital markets 
D)  Provides political risk coverage for private investments made in developing countries 
E)  Works on issues related to foreign investment disputes 
A)  Provides long-term low-interest social sector and infrastructure loans to the poorest members utilizing foreign aid funds provided by rich nation members 
B)  Provide loans and take equity position in private companies of developing countries and works toward developing capital markets in those economies 
C)  Supports reconstruction and restructuring of member countries utilizing funds raised in international capital markets 
D)  Provides political risk coverage for private investments made in developing countries 
E)  Works on issues related to foreign investment disputes

Question 13

With business becoming increasingly global, its success, fortunately, depends only on the domestic environment.

Accepted Answer

A) True 
 B)False

Question 14

As part of the World Bank's Strategic Framework, there are five focus areas that accommodate and facilitate the globalization process including its analytical and advisory role supporting national policies to strengthen free market institutions and infrastructure that has provided the potential for creating large gains from trade.

Accepted Answer

A) True 
 B)False

Question 15

Brazilian Juice, a manufacturer of healthy fruit juices in Brazil, sells juice in six different countries including United States. Brazilian juice is engaging in

Accepted Answer

A)  economic development in United States. 
B)  exercising nontariff barriers in Brazil. 
C)  unfair trade practices. 
D)  globalization. 
E)  the World Trade Bank Group. 
A)  economic development in United States. 
B)  exercising nontariff barriers in Brazil. 
C)  unfair trade practices. 
D)  globalization. 
E)  the World Trade Bank Group.

Question 16

The _____ describes the perceived economic gap between countries or people with easy access to digital and information technology and those with very limited or no access.

Accepted Answer

A)  bandwith 
B)  digital era 
C)  digital divide 
D)  gigabyte number 
E)  Y2K gap 
A)  bandwith 
B)  digital era 
C)  digital divide 
D)  gigabyte number 
E)  Y2K gap

Question 17

Scenario - T & M Computers
Thomas Benson and Matthew Roderick started a small computer business ten years ago in Rapid City, South Dakota. Armed only with determination and innovative designs, Thomas and Matthew were driven to achieve success for their company, T & M Computers. Their hard work has indeed, paid off. Since the inception of the company, the two owners have watched their business grow and demand for their products increase.
Four years ago due to this high product demand, they went international with their business operations. Thomas and Matthew now have international business operations in Singapore, France, Turkey, and Great Britain. Further operational expansion is anticipated within the next year and the company plans to begin operations in Spain, Greece, and Italy.
The owner's hard work and dynamic ideas have proven quite profitable for the company. Thomas and Matthew are pleased with how their operation has grown into becoming a major international business worthy of competing with Intel and Microsoft. T & M Computers may well be the next giant recognized in the field of computer software.
-T & M Computers are conducting international business operations in world areas, which have recently undergone financial turmoil. Of the following, which organization is most likely to provide assistance in providing global financial stability?

Accepted Answer

A)  International Monetary Fund 
B)  The United Nations 
C)  The World Bank 
D)  The Global Center for Financial Restructuring 
E)  The World Trade Organization 
A)  International Monetary Fund 
B)  The United Nations 
C)  The World Bank 
D)  The Global Center for Financial Restructuring 
E)  The World Trade Organization

Question 18

All of the following are arguments against globalization EXCEPT:

Accepted Answer

A)  it may lead to an increase in the apperance of old industries. 
B)  it may lead to a loss of control over economic policies and developments. 
C)  it may lead to an erosion of communities. 
D)  it can be a force of exploitation and injustice. 
E)  it can cause job losses and stagnant wages. 
A)  it may lead to an increase in the apperance of old industries. 
B)  it may lead to a loss of control over economic policies and developments. 
C)  it may lead to an erosion of communities. 
D)  it can be a force of exploitation and injustice. 
E)  it can cause job losses and stagnant wages.

Question 19

Which of the following is NOT an objective of the WTO?

Accepted Answer

A)  Reviewing national trade policies 
B)  Acting as a form for trade negotiations 
C)  Helping eradictate communicable diseases 
D)  Settling trade disputes 
E)  Administering trade agreements 
A)  Reviewing national trade policies 
B)  Acting as a form for trade negotiations 
C)  Helping eradictate communicable diseases 
D)  Settling trade disputes 
E)  Administering trade agreements

Question 20

Identify and describe any two key policy measures that make globalization sustainable.

Accepted Answer

Two key policy measures that make global

Of the following, which is NOT true regarding the Internet and cell phone era?

________ are economic policy changes that promote private sector development, competitive markets, market-pricing, freer trade, and deregulation.

Which of the following is NOT true regarding the global use of information technology?

A system of responsibility in which an authority, such as the government, is answerable for its actions refers to ________.

Countries that have successfully adapted to globalization realize that they cannot succeed without high-quality government management at home.

Countries that have been moving toward more open trade and free market policies are known as _____.

What was the initial primary role of the World Bank?

Which of the following is NOT a main purpose of the IMF?

Trade without discrimination, freer trade, predictability, promotion of fair competition, and _____ are the five principles of the multilateral trading system.

The Multilateral Investment Guarantee Agency performs which of the following functions?

With business becoming increasingly global, its success, fortunately, depends only on the domestic environment.

Brazilian Juice, a manufacturer of healthy fruit juices in Brazil, sells juice in six different countries including United States. Brazilian juice is engaging in

The _____ describes the perceived economic gap between countries or people with easy access to digital and information technology and those with very limited or no access.

All of the following are arguments against globalization EXCEPT:

Which of the following is NOT an objective of the WTO?

Identify and describe any two key policy measures that make globalization sustainable.

The Evolution of International Business

Regional Economic Integration

The International Flow of Funds and Exchange Rates

The Cultural Environment

The Legal and Political Environment of Global Business

Corruption and Ethics in Global Business

Entry Strategies in Global Business

Control of Global Business

The Organization of Global Business

Global Human Resource Management

Global Marketing

Global Operations and Supply-Chain Management

Global Financial Management

Accounting and Taxation in Global Business

Filters

Exam 1: The Rise of Globalization

Of the following, which is NOT true regarding the Internet and cell phone era?

________ are economic policy changes that promote private sector development, competitive markets, market-pricing, freer trade, and deregulation.

Which of the following is NOT true regarding the global use of information technology?

A system of responsibility in which an authority, such as the government, is answerable for its actions refers to ________.

Countries that have successfully adapted to globalization realize that they cannot succeed without high-quality government management at home.

Countries that have been moving toward more open trade and free market policies are known as _____.

What was the initial primary role of the World Bank?

Which of the following is NOT a main purpose of the IMF?

Trade without discrimination, freer trade, predictability, promotion of fair competition, and _____ are the five principles of the multilateral trading system.

The Multilateral Investment Guarantee Agency performs which of the following functions?

With business becoming increasingly global, its success, fortunately, depends only on the domestic environment.

Brazilian Juice, a manufacturer of healthy fruit juices in Brazil, sells juice in six different countries including United States. Brazilian juice is engaging in

The _____ describes the perceived economic gap between countries or people with easy access to digital and information technology and those with very limited or no access.

All of the following are arguments against globalization EXCEPT:

Which of the following is NOT an objective of the WTO?

Identify and describe any two key policy measures that make globalization sustainable.

The Evolution of International Business

Regional Economic Integration

The International Flow of Funds and Exchange Rates

The Cultural Environment

The Legal and Political Environment of Global Business

Corruption and Ethics in Global Business

Entry Strategies in Global Business

Control of Global Business

The Organization of Global Business

Global Human Resource Management

Global Marketing

Global Operations and Supply-Chain Management

Global Financial Management

Accounting and Taxation in Global Business

Filters