Bellner BUSMHR 2000 Exam 1
(Midterm) 2026 Questions and Answers
Graded A+
CH 1 - Correct answer-Intro: What Is International Business?
State-owned enterprise (SOE) - Correct answer-A company that is founded and
owned by a government in order to undertake commercial activities on the
government's behalf.
Small and medium-sized enterprise (SME) - Correct answer-A company with 500
or fewer employees (as defined in Canada and the United States).
Multinational enterprise (MNE) - Correct answer-A large company with substantial
resources that performs various business activities through a network of
subsidiaries and affiliates located in multiple countries.
Internationalization - Correct answer-The tendency of companies to deepen their
international business activities systematically.
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, International trade - Correct answer-Exchange of products and services across
national borders, typically through exporting and importing.
International portfolio investment - Correct answer-Passive ownership of foreign
securities such as stocks and bonds for the purpose of generating financial returns.
International investment - Correct answer-The transfer of assets to another country
or the acquisition of assets in that country.
International business - Correct answer-Performance of trade and investment
activities by firms across national borders.
Importing or global sourcing - Correct answer-The procurement of products or
services from independent suppliers or company-owned subsidiaries located
abroad for consumption in the home country or a third country.
Globalization of markets - Correct answer-Ongoing economic integration and
growing interdependency of countries worldwide.
Freight forwarder - Correct answer-A specialized logistics service provider that
arranges international shipping on behalf of exporting firms.
Foreign direct investment (FDI) - Correct answer-An internationalization strategy
in which the firm establishes a physical presence abroad through acquisition of
productive assets such as capital, technology, labor, land, plant, and equipment.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
(Midterm) 2026 Questions and Answers
Graded A+
CH 1 - Correct answer-Intro: What Is International Business?
State-owned enterprise (SOE) - Correct answer-A company that is founded and
owned by a government in order to undertake commercial activities on the
government's behalf.
Small and medium-sized enterprise (SME) - Correct answer-A company with 500
or fewer employees (as defined in Canada and the United States).
Multinational enterprise (MNE) - Correct answer-A large company with substantial
resources that performs various business activities through a network of
subsidiaries and affiliates located in multiple countries.
Internationalization - Correct answer-The tendency of companies to deepen their
international business activities systematically.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, International trade - Correct answer-Exchange of products and services across
national borders, typically through exporting and importing.
International portfolio investment - Correct answer-Passive ownership of foreign
securities such as stocks and bonds for the purpose of generating financial returns.
International investment - Correct answer-The transfer of assets to another country
or the acquisition of assets in that country.
International business - Correct answer-Performance of trade and investment
activities by firms across national borders.
Importing or global sourcing - Correct answer-The procurement of products or
services from independent suppliers or company-owned subsidiaries located
abroad for consumption in the home country or a third country.
Globalization of markets - Correct answer-Ongoing economic integration and
growing interdependency of countries worldwide.
Freight forwarder - Correct answer-A specialized logistics service provider that
arranges international shipping on behalf of exporting firms.
Foreign direct investment (FDI) - Correct answer-An internationalization strategy
in which the firm establishes a physical presence abroad through acquisition of
productive assets such as capital, technology, labor, land, plant, and equipment.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
