International Business - Final 100 Questions

International Business – Final: Questions 1. Question 2. Question 3. Question 4. Question 5. Question 6. Question 7. Question 8. Question 9. Question 10. Question 11. Question 12. Question 13. Question 14. Question 15. Question Patent trolls are The existence of the rule of law in a foreign market suggests that The ISO and the IEC both promote Tax law "The ________ includes the interactions between domestic and foreign environmental forces, or between sets of foreign environmental forces when an affiliate in one country does business with customers in another." "_______ refers to the total value of all income generated by the residents of a nation, including both the domestic production of goods and services and income from abroad." Most developing nations share the following characteristic(s): "When an international manager is considering where to do business, one of the first considerations is" Which of the following is true regarding the Big Mac Index? Bretton Woods led to an exchange rate agreement known as the Bretton Woods System or Financial forces such as inflation and taxation are considered uncontrollable because The three main approaches to exchange rate forecasting are Organizational design Regarding the way international companies are structured and integrated A division in the organization that is at the same level as the domestic division and is responsible for all non-home-country activities is a(n) 16. Question 17. Question 18. Question 19. Question 20. Question 21. Question 22. Question 23. Question 24. Question 25. Question 26. Question 27. Question 28. Question 29. Question 30. Question 31. Question 32. Question Companies with global structures Environmental scanning is mostly used Market screening is needed to "Market size, market growth rate, and e-commerce indexes are all part of " The market growth rate index is measured by There are several criteria for segmenting markets. Which of the following is not a criterion for segmenting? A joint venture may be Franchising is a form of "McDonald's, KFC, and Subway are examples of" "Hilton and Delta provide assistance to other international companies, an example of" Strategic alliances are The basic needs potential is Trend analysis assumes that Marketers everywhere must The total product "Some say that Coca-Cola, Pepsi-Cola, and McDonald's all sell standardized products globally using standardized promotion. In reality, __________" The need to change the color of packages when selling a product in a new market is generally a result of the influence of 33. Question 34. Question 35. Question 36. Question 37. Question 38. Question 39. Question 40. Question 41. Question 42. Question 43. Question 44. Question 45. Question 46. Question 47. Question 48. Question 49. Question Pirating a brand name involves "Of all the promotional mix elements, __________ is the one with the greatest similarities worldwide" The attraction of using the Internet as an international advertising medium A market's geographic characteristics A local labor market Countries with the largest populations are One challenge presented to employers by the rural to urban migration is "As stated in the text, the major motivation for immigration is a" "In 2012, what percentage of the U.S. population was foreign-born?" Brain drain affects developing countries because A policy of hiring and promoting based on the parent company's home-country frame of reference is The financial issues confronting IC management include The money market hedge The adoption of the euro has affected transaction exposure by The 17th and 18th centuries have frequently been termed the age of mercantilism because _______ refers to the transportation of any domestic good or service to a destination outside a country or region. Which of the following are identified in the text as being one of the five major drivers of globalization? 50. Question 51. Question 52. Question 53. Question 54. Question 55. Question 56. Question 57. Question 58. Question 59. Question 60. Question 61. Question 62. Question 63. Question 64. Question 65. Question 66. "According to supporters of the globalization of trade and investment, free trade" According to the international product life cycle According to the theory of comparative advantage A country ________ when it decides to use its resources to produce only the product in which it has an absolute advantage. The capability of one nation to produce more of a good with the same amount of input than another country is a/an Mercantilists believed that The explicit communicator in an LC culture (Hall) is Ethnocentricity gets in the way of communication across cultural borders because Low context cultures such as the U.S. tend to have these kinds of communication patterns: What is Hall's high and low context framework based upon? "Topography, including mountains, deserts, plains, and bodies of water, greatly influence:" Densely populated areas coincide with: "As an energy source, nuclear power:" Climate is probably the most important element of the physical forces as it sets the limits on: What is the role of the home country in risk assessment? Quotas are a quantitative barrier that sets Question 67. Question 68. Question 69. Question 70. Question 71. Question 72. Question 73. Question 74. Question 75. Question 76. Question 77. Question 78. Question 79. Question 80. Question 81. Question 82. Question Customs procedures in many countries often Duties may be used to Trademarks can be The main sources of international law are Patent trolling is a process of Trade names are protected under The ________ includes all the uncontrollable forces originating outside the home country that surround and influence the firm. The after-tax personal income of consumers is known as "Because ____________ consumer expenditures eliminate differences in relative prices, marketers use these data to analyze how the composition of consumption changes with the level of development." "According to the text, primary reasons for relative changes in labor costs include increases or decreases in" "According to the text, a large international debt may result in" "If the Japanese yen is strengthening against the U.S. dollar, and the Japanese government wanted to boost exports, the Central Bank of Japan (CBJ) might well" Purchasing power parity is a way to compare Exchange rate forecasting is Foreign reserves are used to Which of the following is not true about organizational structure? Regarding an IC's structures and systems 83. Question 84. Question 85. Question 86. Question 87. Question 88. Question 89. Question 90. Question 91. Question 92. Question 93. Question 94. Question 95. Question 96. Question 97. Question 98. Question 99. "In designing the organizational structure, management know two concerns, __________ and __________, run counter to each other." A structure organized by more than one dimension at the top level is known as a An organization that coordinates economic activity to deliver value to customers using resources outside the traditional boundaries of the organization is known as a(n) A turnkey project includes The principal ingredient that a franchiser exports is Marketers use _____________ to identify a group of markets where a single promotional approach can be used A definable segment is one that The product is Buyers of __________ usually act on the same motives worldwide. When a company has established a successful domestic marketing mix Standardization consists of "Worldwide, labor tends to be" Guest workers Immigrants from developing countries An employee who is a citizen of the nation in which the parent company is headquartered is known as A forward market hedge Question 100. Question Transfer pricing may be used to Swap contracts