INB 300 Exam 1 [2026/2027] Updated
Version | Verified Questions & Detailed
Rationales
Paula recently acted as a whistleblower. Although she had a high paying
management job at a banking firm, she contacted the authorities and reported
corruption. This is an example of: - ANSWER-The cognitive pillar overpowering the
normative pillar
Even in developed economies, formal rules make up the largest part of
institutional constraints, and informal constraints are less pervasive. - ANSWER-
false
MaltHanks Inc., a leading American firm, starts its operations in China. It incurs a
lot of additional costs in comparison to the local firms. These costs originate in
limited local knowledge and local stakeholders' discriminatory attitudes. Which of
the following best describes the problem faced by MaltHanks? - ANSWER-Liability
of foreignness
_____ is the inherent disadvantage that firms from other countries experience in
host countries because of their nonnative status. - ANSWER-Liability of
foreignness
BRIC is an acronym for the emerging economies of _____. - ANSWER-Brazil,
Russia, India, and China
, Formal institutions include culture, ethics, and values. - ANSWER-false
According to one of the three views of globalization, globalization is _____. -
ANSWER-a process similar to the swing of a pendulum
Which of the following statements is true of foreign direct investment? - ANSWER-
It is the process of investing in, controlling, and managing value-added activities in
other countries.
The _____ consists of North America, Western Europe, and Japan. - ANSWER-Triad
Which of the following statements is true of institutions? - ANSWER-They mean
the formal and informal rules of the game.
Which of the following statements is true of the base of the pyramid? - ANSWER-It
is ignored by most of the multinational enterprises.
If the largest MNE, Walmart, were an independent country, it would be the 27th
largest economy in the world. - ANSWER-true
Which of the following statements is true of institutions? - ANSWER-They are not
static.
India is a democracy as its citizens elect representatives to govern the country on
their behalf. - ANSWER-true
Version | Verified Questions & Detailed
Rationales
Paula recently acted as a whistleblower. Although she had a high paying
management job at a banking firm, she contacted the authorities and reported
corruption. This is an example of: - ANSWER-The cognitive pillar overpowering the
normative pillar
Even in developed economies, formal rules make up the largest part of
institutional constraints, and informal constraints are less pervasive. - ANSWER-
false
MaltHanks Inc., a leading American firm, starts its operations in China. It incurs a
lot of additional costs in comparison to the local firms. These costs originate in
limited local knowledge and local stakeholders' discriminatory attitudes. Which of
the following best describes the problem faced by MaltHanks? - ANSWER-Liability
of foreignness
_____ is the inherent disadvantage that firms from other countries experience in
host countries because of their nonnative status. - ANSWER-Liability of
foreignness
BRIC is an acronym for the emerging economies of _____. - ANSWER-Brazil,
Russia, India, and China
, Formal institutions include culture, ethics, and values. - ANSWER-false
According to one of the three views of globalization, globalization is _____. -
ANSWER-a process similar to the swing of a pendulum
Which of the following statements is true of foreign direct investment? - ANSWER-
It is the process of investing in, controlling, and managing value-added activities in
other countries.
The _____ consists of North America, Western Europe, and Japan. - ANSWER-Triad
Which of the following statements is true of institutions? - ANSWER-They mean
the formal and informal rules of the game.
Which of the following statements is true of the base of the pyramid? - ANSWER-It
is ignored by most of the multinational enterprises.
If the largest MNE, Walmart, were an independent country, it would be the 27th
largest economy in the world. - ANSWER-true
Which of the following statements is true of institutions? - ANSWER-They are not
static.
India is a democracy as its citizens elect representatives to govern the country on
their behalf. - ANSWER-true
