1. a. b. Which of the following statements is true about an intemational business? An international business needs to in

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1 A B Which Of The Following Statements Is True About An Intemational Business An International Business Needs To In 1 (44.35 KiB) Viewed 43 times

1 A B Which Of The Following Statements Is True About An Intemational Business An International Business Needs To In 2 (37.72 KiB) Viewed 43 times

1. a. b. Which of the following statements is true about an intemational business? An international business needs to invest directly in operations in other countries. An international business needs to have homogenous practices across countries. An international business can be managed in the same way that a domestic business is managed An interational business must find ways to work within the limits imposed by governmentintervention c. d. 2. Since the collapse of communism at the end of the 1980s, the erstwhile communist nations have transformed their economies by globalizing their markets. This involves regulating markets privatizing state-owned entorprises decreasing competition reducing foreign investment a. b. C. d. 3. 3 a b C. d. ع نه ده A political system that prioritizes the needs of the society over individual freedoms is called totalitarianism collectivism capitalism egalitarianism 4. a b. C. d. Which of the following statements about the legal systems of countries is NOT true? They can affect the attractiveness of a country as an investment site or market They are influenced by the prevailing political system of the country. They are almost the same for all countries. They are of immense importance to interational business Non-govemmental political risk to fims in a country can increase due to: Domestic events Regional events International events Domestic and foreign events 5. . a. b. C. d.
6. a b. c. d. Which of the following strategies could foreign firms use to mitigate political and legal risks originating from the host economy in which they operate? Accelerate profit repatriation. Develop a staggered technology transfer policy. Develop partnerships with local organizations. All of Above 7. a b. C. d. If the govemance system of China was to be positioned in the political spectrum it would be more accurately described as: Liberal democracy Theocracy Authoritarian Monarchy 8 8. b ന മ ധ നി Gross Domestic Product (GDP) per capita could be used as an individual and absolute measurement of living standards an individual and relative measurement of living standards a collective and absolute measurement of living standards Is a collective and relative measurement of living standards d . 9. a b. c. d. Which of the following is not an aspect of monetary policy? Exchange rates Interest rates Money supply Rates of taxation a b. c. d. 10. In a typical model of the circular flow of income in an economy, which of the following will constitute a direct injection of cash into the economy's firms? Government spending Taxes Wages and Salaries Household savings 11. Which of the following is not a stage in an economy's development according to the World Economic Forum: Factor driven Efficiency driven Investment driven a. b. c. d. Innovation driven