BUSI 400 CASE STUDY TESLA ASSIGNMENT
PRACTICE TEST 2026 QUESTIONS WITH
ANSWERS GRADED A+
◉ Global Strategy. Answer: Includes designing, producing, and
marketing products with global needs in mind, instead of
considering individual countries alone.
◉ Globalization. Answer: Process of doing business worldwide, so
strategic decisions are made based on global profitability of the firm
rather than just domestic considerations.
◉ Guanxi. Answer: China. Personal relations
◉ International Firms. Answer: Organizations that conduct business
operations across national boarders.
◉ Inhwa. Answer: South Korea. Harmony based in respect of
hierarchical relationships, including obedience to authority.
◉ Multinational Corporations. Answer: Organizations that conduct
business operations across national boarders.
,◉ Nemaswashio. Answer: Japan. Workers expect supervisors to alert
them privately of changes rather than informing them in a meeting.
◉ Protectionism. Answer: Countries imposing tariffs, taxes,and
regulations on firms outside the country to favor their own
companies and people.
◉ Wa. Answer: Japan. Group harmony and social cohesion.
◉ Bribe. Answer: Gift bestowed to influence a recipient's conduct
◉ Bribery. Answer: Offering, giving, receiving, or soliciting of any
item of value to influence the actions of an official of other person in
discharge of a public or legal duty.
◉ Code of Business Ethics. Answer: ...
◉ Environment. Answer: Surroundings in which an organization
operates, including air, water, land, natural resources, flora, fauna,
and their interrelation.
◉ Environmental Management System. Answer: ...
,◉ ISO 14000. Answer: Refers to a series of voluntary standards in
the environmental field.
◉ ISO 14001. Answer: Set of standards adopted by thousands of
firms worldwide to certify to their constituencies that they are
conducting business in and environmentally friendly manner.
◉ Social Policy. Answer: Concerns what responsibilities the firm has
to employees,c consumers, environmentalists, minorities,
communities, shareholders, and other groups.
◉ Social Responsibility. Answer: ...
◉ Sustainability. Answer: ...
◉ Whistle-Blowing. Answer: ....
◉ Business Ethics. Answer: ...
◉ Annual Objectives. Answer: short term milestones that orgs must
achieve to reach long term objectives. Measurable, quantitative,
challenging, realistic, consistent, and prioritized
, ◉ Competitive Advantage. Answer: what a firm does well compared
to rivals. Less fixed assets than rivals in recession.
◉ Empowerment. Answer: the act of strengthening the employees
sense of effectiveness by encouraging them to participate in decision
making and to exercising initiative and imagination and rewarding
them for doing so
◉ Environmental Scanning. Answer: conducting research &
gathering info assimilating external info
◉ External Opportunities. Answer: economic, social, cultural,
demographic, environmental, political, legal, governmental,
technological & competitive trends that could sig benefit an org in
the future
◉ External Threats. Answer: economic, social, cultural,
demographic, environmental, political, legal, governmental,
technological & competitive trends that could sig harm an org in the
future
◉ Internal Strengths. Answer: controllable activities that are
performed especially well
PRACTICE TEST 2026 QUESTIONS WITH
ANSWERS GRADED A+
◉ Global Strategy. Answer: Includes designing, producing, and
marketing products with global needs in mind, instead of
considering individual countries alone.
◉ Globalization. Answer: Process of doing business worldwide, so
strategic decisions are made based on global profitability of the firm
rather than just domestic considerations.
◉ Guanxi. Answer: China. Personal relations
◉ International Firms. Answer: Organizations that conduct business
operations across national boarders.
◉ Inhwa. Answer: South Korea. Harmony based in respect of
hierarchical relationships, including obedience to authority.
◉ Multinational Corporations. Answer: Organizations that conduct
business operations across national boarders.
,◉ Nemaswashio. Answer: Japan. Workers expect supervisors to alert
them privately of changes rather than informing them in a meeting.
◉ Protectionism. Answer: Countries imposing tariffs, taxes,and
regulations on firms outside the country to favor their own
companies and people.
◉ Wa. Answer: Japan. Group harmony and social cohesion.
◉ Bribe. Answer: Gift bestowed to influence a recipient's conduct
◉ Bribery. Answer: Offering, giving, receiving, or soliciting of any
item of value to influence the actions of an official of other person in
discharge of a public or legal duty.
◉ Code of Business Ethics. Answer: ...
◉ Environment. Answer: Surroundings in which an organization
operates, including air, water, land, natural resources, flora, fauna,
and their interrelation.
◉ Environmental Management System. Answer: ...
,◉ ISO 14000. Answer: Refers to a series of voluntary standards in
the environmental field.
◉ ISO 14001. Answer: Set of standards adopted by thousands of
firms worldwide to certify to their constituencies that they are
conducting business in and environmentally friendly manner.
◉ Social Policy. Answer: Concerns what responsibilities the firm has
to employees,c consumers, environmentalists, minorities,
communities, shareholders, and other groups.
◉ Social Responsibility. Answer: ...
◉ Sustainability. Answer: ...
◉ Whistle-Blowing. Answer: ....
◉ Business Ethics. Answer: ...
◉ Annual Objectives. Answer: short term milestones that orgs must
achieve to reach long term objectives. Measurable, quantitative,
challenging, realistic, consistent, and prioritized
, ◉ Competitive Advantage. Answer: what a firm does well compared
to rivals. Less fixed assets than rivals in recession.
◉ Empowerment. Answer: the act of strengthening the employees
sense of effectiveness by encouraging them to participate in decision
making and to exercising initiative and imagination and rewarding
them for doing so
◉ Environmental Scanning. Answer: conducting research &
gathering info assimilating external info
◉ External Opportunities. Answer: economic, social, cultural,
demographic, environmental, political, legal, governmental,
technological & competitive trends that could sig benefit an org in
the future
◉ External Threats. Answer: economic, social, cultural,
demographic, environmental, political, legal, governmental,
technological & competitive trends that could sig harm an org in the
future
◉ Internal Strengths. Answer: controllable activities that are
performed especially well
