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BUIS 303 QUIZ 1 (Version 1), Verified and Correct answers, Liberty University

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BUIS 303 QUIZ 1 (Version 1), Verified and Correct answers, Liberty University

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BUIS 303 QUIZ 1
QUIZ 1


Which of the following include a society’s attitudes toward such
concepts as individual freedom, democracy, truth, justice, honesty,
loyalty, and social obligations? VALUES




Which of the following BEST increases a country’s competitive
advantage and its attractiveness as a location for international business :
education system that is well developed




As a result of globalization, we have been moving toward a world in
which : material culture is starting to look similar the world over.




In the Republic of Bokenton, natives are resistant to change and do not
like to take risks. They value job security and retirement benefits. In
addition, they have a strong need for rules and regulations. Based on this
information, the Republic of Bokenton most likely demonstrates : high
uncertainty avoidance.

, According to globalization opponents, which of the following is a
disadvantage of globalization?: Globalization results in companies
“exporting jobs” to low-wage nations.




Green Cleaners Inc., a U.S.-based company that specializes in
environmentally-friendly cleaning supplies, has production facilities in
Poland and Spain. Based on this information, Green Cleaners can be
classified as what type of enterprise? MUTLINATIONAL




Which of the following does Moore's law predict?: The power of
microprocessor technology doubles and its cost of production falls in
half every 18 months.




Office Plus, a U.S.-based company, has invested resources in business
activities in New Zealand. This is an example of : foreign direct
investment.




Which institution was established as a result of the Uruguay Round?
World Trade Organization

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