Question 1

An office uses printer paper made primarily of recycled paper.This is an example of a ______ policy.

Accepted Answer

A)  future sourcing 
B)  global warming 
C)  next-generation consumer hook 
D)  digital divide 
E)  sustainable development 
A)  future sourcing 
B)  global warming 
C)  next-generation consumer hook 
D)  digital divide 
E)  sustainable development

Question 2

The openness and proliferation of globalization and free trade rules can best be attributed to the interwar period between World War I and II.

Accepted Answer

A) True 
 B)False

Question 3

ABC Technology touts in their advertisements that their technology can transfer huge amount of data and other information in a second via the Internet.This describes ABC's _____ in technology.

Accepted Answer

A)  bandwith 
B)  digital server 
C)  digital divide 
D)  gigabytes 
E)  Y2K 
A)  bandwith 
B)  digital server 
C)  digital divide 
D)  gigabytes 
E)  Y2K

Question 4

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.
-There is a perceived economic gap among the various foreign customers of the Everline Corporation.This is thought to be mainly the result of the level of access or lack thereof to modern digital information technologies experienced within these individual countries.Considering this perceived economic gap,Everline's operations may be experiencing influence identified as which of the following?

Accepted Answer

A)  Digital stagnation 
B)  Digital era 
C)  Digital divide 
D)  Bandwidth technology era 
E)  Web revolution 
A)  Digital stagnation 
B)  Digital era 
C)  Digital divide 
D)  Bandwidth technology era 
E)  Web revolution

Question 5

Successive waves of globalization include characteristics such as the expansion of trade,the diffusion of technology,extensive migration,and _____.

Accepted Answer

A)  improvements in country infrastructure 
B)  increased employee morale 
C)  improved healthcare 
D)  financial independence 
E)  cross-fertilization of diverse cultures 
A)  improvements in country infrastructure 
B)  increased employee morale 
C)  improved healthcare 
D)  financial independence 
E)  cross-fertilization of diverse cultures

Question 6

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 provide low-interest mortgage loans to minorities 
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 provide low-interest mortgage loans to minorities 
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 7

The _______ is a system of interlinked documents contained and accessed via the Internet.

Accepted Answer

The answer of The _______ is a system of interlinked...

Question 8

The period of transformation that adjusts lifestyles to make the Internet and wireless technologies a part of everyday life refers to the ______.

Accepted Answer

The answer of The period of transformation that adjusts lifestyles...

Question 9

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.
-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)  Vietnam 
B)  Kenya 
C)  India 
D)  Germany 
E)  Nigeria 
A)  Vietnam 
B)  Kenya 
C)  India 
D)  Germany 
E)  Nigeria

Question 10

A sustainable decoupling process would eventually lead to a multi-polar world-a world economy in which the engines of growth could comprise the United States,the European Union,China,India,Brazil,Russia,and South Africa rather than the United States alone.

Accepted Answer

A) True 
 B)False

Question 11

There appears to be a clear connection between economic freedom and political freedom.

Accepted Answer

A) True 
 B)False

Question 12

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 is currently conducting its international communication business during a period of time that is experiencing rapid changes and challenges.Individuals and organizations are adjusting their lifestyles and methods of operations to fully utilize the modern communication technologies available in the marketplace.The time period Everline is currently operating under is best classed as which one of the following terms?

Accepted Answer

A)  Digital proliferation 
B)  Modern communication era 
C)  Digital divide 
D)  Communication decade 
E)  Digital era 
A)  Digital proliferation 
B)  Modern communication era 
C)  Digital divide 
D)  Communication decade 
E)  Digital era

Question 13

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

Question 14

Scenario - The Renna Company
Established in 1956,the Renna Company has always maintained its operations within the boundaries of the United States.Originally based in Lexington,Kentucky,this company has now expanded operations into thirteen other U.S.states.While it's inexpensive and efficient cooling and heating products are in high demand even in foreign markets,this company contends it has no desire for international expansion.
Conducting operations strictly within the U.S.borders does not appear to have limited this company overly much.It realized net profits of two billion dollars last year and provided gainful employment for over four thousand workers.The leaders of the Renna Company realize greater profits could be attained through international expansion.However,they stand in agreement when they state,"It is not always the money that best defines the worth of an organization."
The company desire to stay true to its mission statement,which claims,"It will serve the marketplace of the United States with its superior products and provide job opportunities with a fair wage for its employees." The Renna Company is very proud of its products and enjoys the fact they are produced and sold in the United States of America.This company truly reflects the success possible when holding to the fact that "Made in America" is still a winner.
-Which one of the following statements is least likely to be a rationale explaining why the Renna Company staunchly desires to avoid global expansion?

Accepted Answer

A)  Globalization can create a wearing away of old industries. 
B)  Globalization brings into play the concept of sustainable development. 
C)  Globalization can contribute to an increase in environmental degradation. 
D)  Global expansion often leads to greater integration and interdependence among economies and societies,which can bring about injustices. 
E)  Economic change comes with a high price tag including job losses and wages that become stagnant. 
A)  Globalization can create a wearing away of old industries. 
B)  Globalization brings into play the concept of sustainable development. 
C)  Globalization can contribute to an increase in environmental degradation. 
D)  Global expansion often leads to greater integration and interdependence among economies and societies,which can bring about injustices. 
E)  Economic change comes with a high price tag including job losses and wages that become stagnant.

Question 15

The world economy is quickly shifting away from countries with emerging economies.

Accepted Answer

A) True 
 B)False

Question 16

All of the following are arguments against globalization EXCEPT:

Accepted Answer

A)  it may lead to an increase in the appearance 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 appearance 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 17

Text messaging will likely be an unimportant component of emerging economies' mobile phone usage because most people in these countries cannot read or write.

Accepted Answer

A) True 
 B)False

Question 18

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 19

The rules,enforcement mechanisms,and organizations that support market transactions are called ______.

Accepted Answer

The answer of The rules,enforcement mechanisms,and organizations that support market...

Question 20

Illicit dealings undermine economic performance by doing all of the following EXCEPT:

Accepted Answer

A)  decreasing costs. 
B)  raising competition. 
C)  thwarting competition. 
D)  reducing transparency. 
E)  raising insecurity. 
A)  decreasing costs. 
B)  raising competition. 
C)  thwarting competition. 
D)  reducing transparency. 
E)  raising insecurity.

An office uses printer paper made primarily of recycled paper.This is an example of a ______ policy.

The openness and proliferation of globalization and free trade rules can best be attributed to the interwar period between World War I and II.

ABC Technology touts in their advertisements that their technology can transfer huge amount of data and other information in a second via the Internet.This describes ABC's _____ in technology.

Successive waves of globalization include characteristics such as the expansion of trade,the diffusion of technology,extensive migration,and _____.

What was the initial primary role of the World Bank?

The _______ is a system of interlinked documents contained and accessed via the Internet.

The period of transformation that adjusts lifestyles to make the Internet and wireless technologies a part of everyday life refers to the ______.

A sustainable decoupling process would eventually lead to a multi-polar world-a world economy in which the engines of growth could comprise the United States,the European Union,China,India,Brazil,Russia,and South Africa rather than the United States alone.

There appears to be a clear connection between economic freedom and political freedom.

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

The world economy is quickly shifting away from countries with emerging economies.

All of the following are arguments against globalization EXCEPT:

Text messaging will likely be an unimportant component of emerging economies' mobile phone usage because most people in these countries cannot read or write.

The rules,enforcement mechanisms,and organizations that support market transactions are called ______.

Illicit dealings undermine economic performance by doing all of the following EXCEPT:

The Evolution of International Business

Regional Economic Integration

The International Flow of Funds and Exchange Rates

The Cultural Environment of Global Business

The Legal,economic and Political Environment of Global Business

Entry Strategies in Global Business

Control of Global Business

Corruption and Ethics in Global Business

The Organization of Global Business

Global Human Resource Management

Global Marketing

Global Operations and Supply-Chain Management

Global Financial Management

Global Accounting and Taxation

Filters

Exam 1: The Rise of Globalization

An office uses printer paper made primarily of recycled paper.This is an example of a ______ policy.

The openness and proliferation of globalization and free trade rules can best be attributed to the interwar period between World War I and II.

ABC Technology touts in their advertisements that their technology can transfer huge amount of data and other information in a second via the Internet.This describes ABC's _____ in technology.

Successive waves of globalization include characteristics such as the expansion of trade,the diffusion of technology,extensive migration,and _____.

What was the initial primary role of the World Bank?

The _______ is a system of interlinked documents contained and accessed via the Internet.

The period of transformation that adjusts lifestyles to make the Internet and wireless technologies a part of everyday life refers to the ______.

A sustainable decoupling process would eventually lead to a multi-polar world-a world economy in which the engines of growth could comprise the United States,the European Union,China,India,Brazil,Russia,and South Africa rather than the United States alone.

There appears to be a clear connection between economic freedom and political freedom.

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

The world economy is quickly shifting away from countries with emerging economies.

All of the following are arguments against globalization EXCEPT:

Text messaging will likely be an unimportant component of emerging economies' mobile phone usage because most people in these countries cannot read or write.

The rules,enforcement mechanisms,and organizations that support market transactions are called ______.

Illicit dealings undermine economic performance by doing all of the following EXCEPT:

The Evolution of International Business

Regional Economic Integration

The International Flow of Funds and Exchange Rates

The Cultural Environment of Global Business

The Legal,economic and Political Environment of Global Business

Entry Strategies in Global Business

Control of Global Business

Corruption and Ethics in Global Business

The Organization of Global Business

Global Human Resource Management

Global Marketing

Global Operations and Supply-Chain Management

Global Financial Management

Global Accounting and Taxation

Filters