DIFFERENT VERSIONS WITH COMPLETE 1,100 REAL
EXAM AND PRACTICE QUESTIONS WITH CORRECT
VERIFIED ANSWERS/ ALREADY GRADED A+| D080
MANAGING IN A GLOBAL BUSINESS ENVIRONMENT
EXAM PREP (MOST RECENT!!)
1. A tech startup based in Kenya develops a mobile payment
system that becomes popular in India and Brazil. This
scenario best describes:
A) Political globalization
B) Technological isolationism
C) Economic and cultural globalization
D) Protectionist trade policy
Answer: C
Rationale: The movement of a technological product (mobile
payment) across borders facilitating financial transactions is
economic globalization. The adoption of this technology and its
influence on how people interact culturally in different nations
represents cultural globalization .
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,2. A company decides to move its customer service call center
from Ohio to Manila to benefit from lower labor costs. Which
driver of globalization is primarily influencing this decision?
A) Market driver
B) Cost driver
C) Competition driver
D) Government driver
Answer: B
Rationale: The cost driver of globalization focuses on exploiting
differences in factor costs (like labor and raw materials) across
the globe . Seeking lower labor costs is a classic example of
seeking economies of scale.
3. Which of the following is an argument against globalization
from the perspective of a developed country?
A) Access to advanced technology
B) Loss of manufacturing jobs
C) Unsaturated demand for new products
D) Reduction in trade barriers
Answer: B
Rationale: While globalization offers benefits like lower prices,
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,critics argue it leads to the offshoring of manufacturing jobs from
developed nations to developing countries with lower wages .
4. A consumer goods company identifies that consumers in
Japan, Germany, and the US all desire high-speed blenders.
This convergence of needs represents which driver of
globalization?
A) Cost driver
B) Competition driver
C) Market driver
D) Government driver
Answer: C
Rationale: The market driver refers to the convergence of
customer needs and preferences across different countries. When
global customers desire similar products, companies can scale up
offerings without significant redesign .
5. According to the "World is Flat" view, what is the primary
enabler of modern globalization?
A) The establishment of the World Trade Organization (WTO)
B) The reduction of tariffs by developed nations
C) Technology and the internet
D) The rise of socialist economies
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, Answer: C
Rationale: Thomas Friedman's "The World is Flat" thesis argues
that advancements in technology, particularly the internet and
workflow software, have leveled the playing field, allowing
individuals and small companies to compete globally .
6. A corporation is evaluating a potential investment in
Vietnam. To assess the administrative distance, they use
CAGE analysis. Which factor would they examine?
A) The average income level
B) The physical distance from HQ
C) The lack of a common colonial past
D) The different religious beliefs
Answer: C
Rationale: CAGE stands for Cultural, Administrative, Geographic,
and Economic distance. Administrative distance includes factors
like colonial ties, language, legal systems, and political hostility .
7. An executive argues that globalization benefits the wealthy
at the expense of the poor and damages the environment.
This perspective aligns with:
A) Hyper-globalization theory
B) Arguments against globalization
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