Question 1

Which of the following is likely to be the most beneficial to Maximus if it builds a manufacturing facility in India?

Accepted Answer

A) legal precedents 
B) low-cost labor pool 
C) government regulations 
D) solid infrastructure 
A) legal precedents 
B) low-cost labor pool 
C) government regulations 
D) solid infrastructure

Question 2

Which of the following is characteristic of family conglomerates?

Accepted Answer

A) low access to capital than most other firms 
B) wholly owned or controlled by the government 
C) extensive networks in various industries 
D) inferior market knowledge 
A) low access to capital than most other firms 
B) wholly owned or controlled by the government 
C) extensive networks in various industries 
D) inferior market knowledge

Question 3

Increasingly, mainstream banks view microfinance as a source of future growth.

Accepted Answer

A) True 
 B)False

Question 4

When sourcing relies on foreign suppliers or production bases, it is known as ________.

Accepted Answer

A) offshoring 
B) protectionism 
C) insourcing 
D) subsidizing 
A) offshoring 
B) protectionism 
C) insourcing 
D) subsidizing

Question 5

In a short essay, explain why family conglomerates dominate emerging markets. What are the benefits to foreign firms who collaborate with FCs in order to do business in emerging markets?

Accepted Answer

Many emerging market economies are domin

Question 6

Briefly explain how microfinancing has helped individuals to rise out of poverty in many developing nations.

Accepted Answer

Microfinance provides small-scale financ

Question 7

Write a short essay on emerging markets as target markets for international business.

Accepted Answer

Emerging markets have become important t

Question 8

Which of the following emerging market economies has the largest middle-class population?

Accepted Answer

A) India 
B) Russia 
C) Brazil 
D) China 
A) India 
B) Russia 
C) Brazil 
D) China

Question 9

Per-capita GDP converted at market exchange rates paints an accurate picture of market potential.

Accepted Answer

A) True 
 B)False

Question 10

________ in developing economies deter firms from these countries from participating in the global economy.

Accepted Answer

A) Low trade volumes 
B) Bureaucracy and red tape 
C) High inward FDI 
D) Lack of a rich cultural heritage 
A) Low trade volumes 
B) Bureaucracy and red tape 
C) High inward FDI 
D) Lack of a rich cultural heritage

Question 11

Governments and state enterprises in emerging markets are major targets for sales of infrastructure-related products and services.

Accepted Answer

A) True 
 B)False

Question 12

In the early stages of market research, managers examine three important statistics to estimate market potential: per-capita income, size of the middle class, and market potential indicators.

Accepted Answer

A) True 
 B)False

Question 13

Africa's GDP has improved substantially since the 1960s.

Accepted Answer

A) True 
 B)False

Question 14

The per-capita GDP of the United States in 2014 converted at market exchange rates is ________.

Accepted Answer

A) $54,597 
B) $5,715 
C) $11,000 
D) $87,300 
A) $54,597 
B) $5,715 
C) $11,000 
D) $87,300

Question 15

Which of the following trends supports improving economic conditions in Africa?

Accepted Answer

A) direct investment from abroad 
B) the growing importance of the public sector in Africa 
C) the gradual liquidation of the mining industry 
D) the rising cultural affinity toward goods manufactured in the West 
A) direct investment from abroad 
B) the growing importance of the public sector in Africa 
C) the gradual liquidation of the mining industry 
D) the rising cultural affinity toward goods manufactured in the West

Question 16

The absence of reliable or consistent governance from recognized government authorities ________.

Accepted Answer

A) decreases risks 
B) increases managers' ability to forecast business conditions 
C) increases business costs 
D) increases inward FDI 
A) decreases risks 
B) increases managers' ability to forecast business conditions 
C) increases business costs 
D) increases inward FDI

Question 17

In emerging markets, the size and growth rate of conglomerates serve as signals of a dynamic market economy.

Accepted Answer

A) True 
 B)False

Which of the following is likely to be the most beneficial to Maximus if it builds a manufacturing facility in India?

Which of the following is characteristic of family conglomerates?

Increasingly, mainstream banks view microfinance as a source of future growth.

When sourcing relies on foreign suppliers or production bases, it is known as ________.

In a short essay, explain why family conglomerates dominate emerging markets. What are the benefits to foreign firms who collaborate with FCs in order to do business in emerging markets?

Briefly explain how microfinancing has helped individuals to rise out of poverty in many developing nations.

Write a short essay on emerging markets as target markets for international business.

Which of the following emerging market economies has the largest middle-class population?

Per-capita GDP converted at market exchange rates paints an accurate picture of market potential.

________ in developing economies deter firms from these countries from participating in the global economy.

Governments and state enterprises in emerging markets are major targets for sales of infrastructure-related products and services.

In the early stages of market research, managers examine three important statistics to estimate market potential: per-capita income, size of the middle class, and market potential indicators.

Africa's GDP has improved substantially since the 1960s.

The per-capita GDP of the United States in 2014 converted at market exchange rates is ________.

Which of the following trends supports improving economic conditions in Africa?

The absence of reliable or consistent governance from recognized government authorities ________.

In emerging markets, the size and growth rate of conglomerates serve as signals of a dynamic market economy.

Introduction: What Is International Business

Globalization of Markets and the Internationalization of the Firm

The Cultural Environment of International Business

Ethics, Corporate Social Responsibility, Sustainability and Corporate Governance

Theories of International Trade and Investment

Political and Legal Systems in National Environments

Government Intervention and Regional Economic Integration

The International Monetary and Financial Environment

Financial Management and Accounting in the Global Firm

Strategy and Organization in the International Firm

Global Market Opportunity Assessment

Exporting and Global Sourcing

Foreign Direct Investment and Collaborative Ventures

Licensing, Franchising, and Other Contractual Strategies

Marketing in the Global Firm

Human Resource Management in the Global Firm

Filters

Exam 8: Understanding Emerging Markets

Which of the following is likely to be the most beneficial to Maximus if it builds a manufacturing facility in India?

Which of the following is characteristic of family conglomerates?

Increasingly, mainstream banks view microfinance as a source of future growth.

When sourcing relies on foreign suppliers or production bases, it is known as ________.

In a short essay, explain why family conglomerates dominate emerging markets. What are the benefits to foreign firms who collaborate with FCs in order to do business in emerging markets?

Briefly explain how microfinancing has helped individuals to rise out of poverty in many developing nations.

Write a short essay on emerging markets as target markets for international business.

Which of the following emerging market economies has the largest middle-class population?

Per-capita GDP converted at market exchange rates paints an accurate picture of market potential.

________ in developing economies deter firms from these countries from participating in the global economy.

Governments and state enterprises in emerging markets are major targets for sales of infrastructure-related products and services.

In the early stages of market research, managers examine three important statistics to estimate market potential: per-capita income, size of the middle class, and market potential indicators.

Africa's GDP has improved substantially since the 1960s.

The per-capita GDP of the United States in 2014 converted at market exchange rates is ________.

Which of the following trends supports improving economic conditions in Africa?

The absence of reliable or consistent governance from recognized government authorities ________.

In emerging markets, the size and growth rate of conglomerates serve as signals of a dynamic market economy.

Introduction: What Is International Business

Globalization of Markets and the Internationalization of the Firm

The Cultural Environment of International Business

Ethics, Corporate Social Responsibility, Sustainability and Corporate Governance

Theories of International Trade and Investment

Political and Legal Systems in National Environments

Government Intervention and Regional Economic Integration

The International Monetary and Financial Environment

Financial Management and Accounting in the Global Firm

Strategy and Organization in the International Firm

Global Market Opportunity Assessment

Exporting and Global Sourcing

Foreign Direct Investment and Collaborative Ventures

Licensing, Franchising, and Other Contractual Strategies

Marketing in the Global Firm

Human Resource Management in the Global Firm

Filters