Answers 2026/2027 | 100% Verified Answers.
The .broadening .set .of .interdependent .relationships .among .people .from .different .parts .of
.the .world .is .known .as .________.
A) .globalization
B) .offshoring
C) .franchising
D) .outsourcing .- .ANS✓✓-A
Which .of .the .following .is .NOT .a .likely .reason .to .study .international .business? A)
.Global .events .affect .almost .all .companies.
B) .Differences .among .countries .in .physical, .social, .and .competitive .conditions .may .cause
.companies .to .alter .their .operating .methods .from .country .to .country.
C) .Business .conducted .outside .the .confines .of .any .one .country .is .inexplicably .on .the
.decline.
D) .Firms .may .be .better .able .to .obtain .better .or .less .expensive .resources .by .operating
.internationally. .- .ANS✓✓-C
) .In .terms .of .international .business, .it .is .most .accurate .to .say .that .________.
A) .there .is .a .universal ."best .way" .to .conduct .business
B) .global .competition .affects .large .companies .but .not .small .ones
C) .most .firms .depend .either .on .foreign .markets .and .supplies .or .compete .against
.companies .that .do
D) .government .regulation .of .international .business .has .little .effect .on .a .company's
.profits .- .ANS✓✓-C
Devon, .an .accounts .manager .at .a .large .electronics .firm, .does .not .have .any .direct
.international .responsibilities. .However, .Devon .would .most .likely .benefit .from .studying
.international .business .issues .so .that .he .can .________.
A) .conduct .better .job .interviews
B) .better .understand .how .foreign .operations .affect .the .company's .competitive .position
C) .supervise .and .evaluate .subordinates .who .have .global .assignments
D) .understand .the .legalities .of .importing .and .exporting .products .overseas .- .ANS✓✓-B
The .broadening .set .of .interdependent .relationships .among .people .from .different .parts .of
.the .world .is .known .as .________.
A) .globalization
,B) .offshoring
C) .franchising
D) .outsourcing .- .ANS✓✓-C
The .shifting .of .national .borders .has .most .likely .created .which .of .the .following .situations
.for .international .business?
A) .It .has .left .rural .residents .more .isolated .from .technology.
B) .It .has .complicated .the .understanding .of .behavioral .factors .affecting .business.
C) .It .has .increased .physical .barriers .to .exporting.
D) .It .has .slowed .communications .between .a .company's .headquarters .and .foreign
.operations. .- .ANS✓✓-C
Which .of .the .following .is .an .indication .of .the .increased .globalization .of .business .since
.the .end .of .World .War .II?
A) .Foreign .trade .has .largely .replaced .foreign .ownership .as .a .means .of .conducting
.international .business.
B) .World .trade .has .grown .more .rapidly .than .world .production.
C) .Globally, .consumers .now .depend .on .foreign .output .for .more .than .half .their
.consumption.
D) .Countries .have .increased .their .import .restrictions .to .counter .the .rising .tide .of
.imports. .- .ANS✓✓-B
Which .of .the .following .has .MOST .influenced .consumers .to .demand .access .to
.foreignmade .products?
A) .Declining .global .affluence .has .caused .consumers .to .seek .out .lower-priced .products
.from .abroad.
B) .Consumers .have .become .more .efficient .in .using .media .and .technologies .to .compare
.prices .worldwide.
C) .Fearing .that .their .governments .will .enact .restrictive .policies .on .imports, .consumers
.are .stocking .up .on .foreign .products .before .restrictions .are .put .in .place.
D) .Expectations .of .rising .prices .of .foreign .products .have .caused .consumers .to .seek
.foreign .products .before .their .prices .become .prohibitive. .- .ANS✓✓-B
Most .of .the .world's .goods .and .services .are .sold .________.
A) .in .international .markets
B) .in .the .countries .where .they .are .produced
C) .through .exports .to .small .countries
D) .through .exports .to .large .countries .- .ANS✓✓-B
,Which .of .the .following .best .explains .why .international .business .has .grown .rapidly .in .the
.past .few .decades?
A) .the .end .of .the .political .schism .between .the .Communist .and .non-Communist .blocs
B) .greater .income .equality .in .most .countries
C) .growing .concern .about .climate .change
D) .increased .concerns .about .terrorism .- .ANS✓✓-A
Advanced .communication .systems .have .contributed .to .growth .in .international .business
.by .________.
A) .enabling .better .oversight .of .global .operations
B) .reducing .the .effects .of .global .competition
C) .decreasing .the .cost .of .cargo .transportation
D) .reducing .export .regulations .- .ANS✓✓-A
Because .consumers .want .a .greater .variety .of .goods .and .services .at .lower .prices, .many
.governments .have .________.
A) .reduced .their .restrictions .on .the .international .movement .of .goods .and .services
B) .acted .to .tax .most .imports .at .a .lower .rate .than .domestic .products
C) .sought .to .eliminate .reciprocal .advantages .negotiated .through .international
.organizations .and .treaties
D) .increased .their .participation .in .multinational .problem-solving .efforts .- .ANS✓✓-A
Which .of .the .following .best .explains .recent .governmental .relaxation .of .restrictions .on
.cross-border .trade .or .resource .movements?
A) .Most .countries .face .shortages .of .workers, .so .they .seek .immigrants .who .can .help .them
.produce .more.
B) .Governments .believe .that .this .will .decrease .the .need .to .make .their .own .companies
.more .innovative.
C) .Consumers .increasingly .want .to .buy .goods .and .services .produced .in .their .own
.countries, .making .restrictions .less .necessary.
D) .Governments .believe .that .domestic .producers .will .become .more .efficient .as .a .result
.of .foreign .competition. .- .ANS✓✓-D
A .company .starting .out .with .a .global .focus, .usually .because .of .the .international
.experience .of .its .founders, .is .called .a .________.
A) .multinational .enterprise
B) .transnational .company
C) .strategically .allied .company
D) .born-global .company .- .ANS✓✓-D
, In .a .strategy .known .as .________, .many .new .companies .locate .themselves .near
.competitors .and .suppliers.
A) .offshoring
B) .franchising
C) .clustering
D) .exporting .- .ANS✓✓-C
According .to .the .A.T. .Kearny/Foreign .Policy .Globalization .Index, .countries .________.
A) .tend .to .be .ranked .similarly .on .all .four .dimensions
B) .are .more .globalized .on .the .political .dimension .than .on .personal .contact
C) .that .are .large .in .land .mass .and .population .are .less .globalized .than .small .countries
D) .sometimes .rank .high .on .one .dimension .and .low .on .another .- .ANS✓✓-D
Which .of .the .following .has .NOT .been .a .major .force .increasing .globalization .in .recent
.decades?
A) .liberalization .of .cross-border .trade
B) .increase .in .and .expansion .of .technology
C) .growing .pressure .from .consumers
D) .decreasing .prices .of .natural .resources. .- .ANS✓✓-D
Institutional .development .of .services .by .business .and .government .has .aided .the
.expansion .of .international .business .by .________.
A) .providing .a .universally .agreed .upon .language .for .conducting .international
.transactions
B) .removing .immigration .restrictions .so .that .global .firms .can .move .personnel .easily
C) .developing .means .to .ease .the .flow .of .goods .among .countries
D) .spurring .competition .among .domestic .producers .- .ANS✓✓-C
Assume .an .enterprise .is .considering .establishment .of .a .foreign .production .facility.
.Which .of .the .following .best .supports .this .decision?
A) .Its .foreign .competitors .have .higher .production .costs .than .it .has.
B) .Its .main .competitor .successfully .opened .a .foreign .plant.
C) .Its .suppliers .follow .an .agglomeration .strategy.
D) .None .of .its .competitors .have .foreign .production .facilities. .- .ANS✓✓-B
Imported .flowers .are .now .a .stronger .competitor .to .U.S. .grown .flowers .in .the .U.S.
.market. .Which .of .the .following .is .likely .the .MOST .important .factor .for .this .increase .in
.imports?
A) .more .effective .production .techniques