- 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 19 times
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its a QMC
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
a. ه ه ه ه 12. During regional integration a common market allows The free movement of production factors b. The free movement of common production factors The free movement of common production d. Commons to move freely in the market sad 13. The benefits of doing business in a country are a function of all of the following EXCEPT: the size of the market. its present wealth. its past growth d. its future growth prospects. . b c 14. A free trade area is free for Moving production factors Intemal trade c. External trade d. Internal and external trade a. b. 15. For privatization to work, it must also be accompanied by: a. b. c. d. an increase in trade barriers and tariffs. an increase in governmentsubsidies. stronger barriers to foreign competition. a general deregulation of the economy. a. b. 16. Which of the following statements is true concerning multilateral and bilateral trade agreements? Make it easier for firms inside the agreement countries to enter and compete in the agreement markets Make it more difficult for firms inside the agreement countries to enter and compete in the agreement markets. Make it easier for firms inside the agreement countries to enter and compete in markets outside the agreement Make it more difficult for firms inside the agreement countries to enter and compete in markets outside the agreement. C. d.
a. b. C. d. 17. Which of the following should be a priority in the policy agenda of an economy whose population is contracting Education Job creation Pensions Exports . ه ه ه ه 18. The demography of a territory comprises: Its population size, density, and distribution b. The birth and death rates of its population Migration d all of the above a b. c. d. 19. In a high-context culture advertising tonds to be Factual Emotional Dependent on context Highly specific a b. C. d. 20. Which of the following variables does not form part of the United Nations human developmentindex? Life expectancy Education GDP per capita (PPP) Crime ผ่ 21. The Gold-standard refers to a legal requirement concerning the a. redeeming of currency b. sale of currency c. loan of currency d. minting of gold a b. C. d. 22. Which of the following is nota foreign exchange arrangement? Fixed Pegged Floating Banded
23. a. b. C. d. The emerging stock market with largest capitalisation is the: Sao Paolo stock exchange Korea exchanges Bombay stock exchange Shanghai stock exchange 24. . a. b. C. d. Bretton Woods is the birthplace of the World Trade Organisation Gold-standard World Bank Bank for International Settlements . a. 25. A common element between the Asian crisis (1997-98) and the Great recession (2007-08) is that There was unreliable regulation of the banking and financial systems in the countries involved The currencies involved made use of pegged exchange arrangements The countries involved were highly corrupt The governments involved were not democratically elected b. C. d. 26. a. b. C. d. Which of the following is not a theory of innovation? National Systems of innovation Domestic Systems of Innovation Regional Systems of Innovation Sectoral Systems of Innovation 27. a. b. C. d. Which of the following international sectors has the highest research intensity (calculated on the basis of R&D spending divided by sector tumover)? Software Hardware Pharmaceuticals Aerospace/defence Which of the following counties has historically the highest percentage of its GDP spent on R&D? 28. a. UK b. Spain c. Sweden d. USA
29. Innovation refers to: a the theoretical or practical understanding of a subject b. the systematic search for new knowledge in specific academic disciplines c. a new product or process which is industrially applicable d. the spread of a technology (e.g., a product service, process, organisation, business model) in an economy a b. d. 30. Endogenous innovation refers to innovation produced: inside an economy outside an economy C. both inside and outside an economy inside multinationals 31. Since 1971 (the year the International Energy Agency records begun the world total primary energy supply has Remained more or less the same Doubled C. Tripled d. Quadrupled 32. Energy consumption per capita tends to be higher in: Developed economies Developing economies Underdeveloped economies Emerging economies a b. a. b. c. d. 33. The growth of African economies has a. been historically linked to the price of its minerals and metals b. not been affected by the price of its minerals and metals c. speeded up as a result of the price of its minerals and metals d. slowed down as a result of the price of its minerals and metals a. b. 34. The Kyoto protocol is: An international agreement linked to the World Trade Organisation Convention on service exports An international agreement linked to the United Nations Framework Convention on climate change An interational agreement linked to the International Monetary Fund Convention on national debt An intemational agreement linked to the Bank of Interational Settlements stress test for bank liquidity c. d.
35. Which of the following ecological problems is irreversible? a Overexploitation of water resources b. Acid rain c. Habitat destruction d. Land contamination by hazardous chemicals 36. Which of the following is not a reason for water scarcity in a territory? Economic Rebels Physical Political a. b c d. 6 y 37. a. b. c. d. Which of the following is not a good indicator to compare pollution levels between different countries Green house gas emissions per capita CO2 emissions per capita Gross Domestic Product growth per capita Domestic waste per household 38. a. b. In developed economies the bulk of labour tends to be employed in Agriculture Manufacturing Services Equally distributed among services and manufacturing d. a 39. Which of the following is not a fimm objective influencing FDI Economic transition objectives b. Sales expansion objectives Resource acquisition objectives Risk minimisation objectives C. d. 40. . a. b. C. d. Which of the following does notincrease political and/or legal risk? Ethnic tensions High inequality Rising incomes Corrupt leaders