Exam 1: Globalization and International Business

Devon, an accounts manager at a large electronics firm, does not have any direct international responsibilities; however, Devon would most likely benefit from studying international business issues so that he can ________.

Geographical barriers typically affect distribution channels within countries, but they rarely affect distribution channels between countries.

Critics of offshoring claim all EXCEPT which of the following?

International business includes all commercial transactions between two or more countries.

Because consumers want a greater variety of goods and services at lower prices, many governments have ________.

Assume that company executives at the firm would like to increase sales by expanding into an international market.Which of the following factors, if true, best supports a decision to expand sales globally?

Carnival Cruise Lines lowers its taxes by all of the following EXCEPT ________.

When a company successfully responds to foreign production and market opportunities, ________.

Advanced communication systems have contributed to growth in international business by ________.

The owner of a U.S.football team and the owner of a Canadian hockey team purchase a British soccer team.This is an example of a ________.

Kevin, marketing manager of the North American Bowling League, has decided to televise major bowling competitions to viewers in multiple countries rather than only in Canada and the U.S.Which of the following goals would this most likely help Kevin accomplish?

A flag of convenience is ________.

Which of the following has NOT been a major force increasing globalization in recent decades?

A major criticism of offshoring is that it ________.

In a short essay, identify and explain three competitive factors that influence international businesses.

An example of a U.S.merchandise import is an automobile made in ________ and sold ________.

What is a multinational enterprise (MNE)? How do physical and social factors affect how an MNE functions in a foreign country?

A criticism of globalization is that as economic growth increases, too many nonrenewable resources are used.

The widening set of interdependent relationships among people from different parts of the world is known as ________.

Which term refers to two or more companies that share ownership of an FDI?