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Global Business Unit 2 Learning Checks & Module QUESTIONS AND VERIFIED CORRECT ANSWERS

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Global Business Unit 2 Learning Checks & Module QUESTIONS AND VERIFIED CORRECT ANSWERS Global Business Unit 2 Learning Checks & Module QUESTIONS AND VERIFIED CORRECT ANSWERS

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Global Business Unit 2 Learning Checks & Module

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Western Governors University D 080


Global Business Unit 2 Learning Checks & Module Quizzes
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Which type of globalization refers to the international B
movement of goods, capital, and services?
A. Social
B. Economic
C. Cultural
D. Anti


The CEO of an international company reminds the C
executive vice presidents that while the company may do
good while performing corporate social responsibilities,
the business has one ultimate goal since it is engaged in
commercial activities with corporate shareholders.
Which ultimate goal is the CEO emphasizing to the
executive vice presidents?
A. Exporting
B. Stakeholder satisfaction
C. Profitability
D. Cultural exchange


A CEO seeks to better use the economies of scale and A
scope of production to increase the international
company's profits.
Which type of globalization driver is the CEO seeking to
use?
A. Cost
B. Competition
C. Government
D. Market

,Members of a work team are from many different B
countries. They share their thoughts on developing a
strategy to market a product in several different
countries.
What is the term for the international integration of the
team members' exchange of worldviews and ideas to
develop the strategy?
A. Outsourcing
B. Globalization
C. Wealth inequality
D. Job availability


A manager seeks to reduce production costs for a C
product by moving the production to a country with
lower labor costs.
What is the term for the movement of jobs from a high-
cost labor country to a low-cost labor country?
A. Antiglobalization
B. Cultural exchange
C. Outsourcing
D. Wealth inequality


A CEO decides to expand the company's business B
internationally by purchasing production capability in
another country, including the foreign country's buildings
and equipment.
Which type of market entry is the CEO using?
A. Licensing
B. Direct investment
C. Export-import
D. Franchising


A CEO is discussing an expansion of production of a C
company's highly perishable dairy line in a country that
can offer low labor costs and good internet connections.
The country has no highways, and roads are poorly
maintained.
Which challenge to international business expansion do
the road conditions present?
A. Ethical
B. Legal
C. Infrastructure
D. Relational


Which factor is an element of a CAGE analysis when C
assessing barriers to cross-border activity?
A. Gross domestic product
B. Census
C. Economics
D. Armament

, Which factor of CAGE addresses differences in country A
size that affect barriers to globalization?
A. Economics
B. Administration
C. Geography
D. Culture


Which argument is used by critics who wish to discourage D
movement towards globalization?
A. It decreases awareness of the international community.
B. It decreases the pace of new product development.
C. It increases consumer prices across the world.
D. It increases the wealth of the rich rather than the poor.


Which accommodation should an American multinational D
company make to conduct business in China?
A. Restrictions concerning oil production
B. Regulations for child safety
C. Regulations for waste disposal
D. Restrictions on freedom of speech


What is a free trade zone? C
A. A zone in which two countries both reside, and thus
are not required to pay taxes in either region
B. An international trade show in which parties from all
countries are allowed to participate
C. A geographic region in which a county will reduce
restrictions that might prevent or reduce trade
D. A type of real-estate zoning that permits businesses to
avoid paying sales tax


Which term describes a government giving a tax break to C
a producer to increase their global competitiveness?
A. Quotas
B. Dumping
C. Subsidies
D. Tariffs


Which type of economy is decentralized and allows firms B
and households to participate in global trade with
minimum governmental interference?
A. Traditional
B. Market
C. Mixed
D. Command


What type of economy is centered on families or tribes C
where little to no global trade is practiced?
A. Mixed
B. Market
C. Traditional
D. Command

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