Exam 1: Globalization and International Business

An example of a Japanese service export is a visit by a ________.

Supporters of globalization assert that the process helps countries strengthen their sovereignty.

Visible exports and imports are ________.

Many companies merge with or acquire other companies to gain operating efficiencies that help them compete with or become global leaders.

Managers who are knowledgeable about ________ are better able to identify the location,quantity,quality,and availability of the world's natural resources.

When a U.S.citizen flies Japan Airlines,the airline acts as a service exporter for Japan.

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?

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 ________.

A company starting out with a global focus,usually because of the international experience of its founders,is called a ________.

Which of the following is NOT a common argument for the slowing of future globalization?

The ownership of foreign bonds is an example of a portfolio investment.

Some key ________ factors in a company's international business external environment are its product strategy and access to resources.

The fact that a company is the market leader in one country is no guarantee that it will be the leader in another country.

In a strategy known as ________,many new companies locate themselves near competitors and suppliers.

A multinational enterprise (MNE)is best defined as a firm ________.

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

Why should domestic managers have an understanding of globalization and international business? What are the current views regarding the future of globalization?

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

Which of the following is the LEAST likely reason that small countries worry about overdependence caused by globalization?

A company with limited resources is more likely to achieve national distribution within a small country than within a large country.