questions and answers graded A+
From the video "what is globalization?", which market is NOT an example of the
most globalized market: - correct answer ✔✔Markets for food
From the video, "what is globalization?", which factor is NOT the major factors
driving the move toward greater globalization? - correct answer ✔✔Cultural
drivers
From the video, "what is globalization?" , which countries derive more than 55%
of their GDP from world trade? - correct answer ✔✔France, Great Britain,
Germany
From the video "The Pros and Cons of Globalization", which American company
rely on sales from the China market the most? - correct answer ✔✔Qualcomm
From the video "The Pros and Cons of Globalization", what Tesla, Google, Yahoo,
YouTube, Zoom, Pfizer, and Colgate all have in common? - correct answer ✔✔They
were all founded by immigrants.
Which of the following is a macro factor lead to greater globalization? - correct
answer ✔✔Rapid developments in information and transportation technologies
,Corporation X is a multi-business US conglomerate contemplating international
expansion. Company X has several different businesses, and it is trying to decide
which of them should be internationalized first, and which ones could wait or may
not have internationalization potential. Which of the following of Corporation X's
businesses would you say has the SMALLEST globalization potential, aimed at
conquering new customers in foreign markets: - correct answer ✔✔Division B,
focused on a chain of restaurants and fast food take-outs
Corporation X is a multi-business US conglomerate contemplating international
expansion. Company X has several different businesses, and it is trying to decide
which of them should be internationalized first, and which ones could wait or may
not have internationalization potential. Which of the following best illustrates the
globalization of production for Corporation X? - correct answer ✔✔Division D, a
digital imaging provider starting to expand internationally, hiring doctors in India
to analyze X-Rays and MRIs taken everyday at Trinity Mother Francis in Tyler,
Texas.
Imagine the following situation: Company B is a large microcomputer US
manufacturer. In terms of international activities, Company B exports its products
to 20 countries around the world. Which of the following is TRUE about Company
B's foreign operation: - correct answer ✔✔It is feasible that Company B has not
engaged in FDI (foreign direct investment), even if it does business in 20 countries
around the world
Imagine the following situation: Company B is a large microcomputer US
manufacturer. In terms of international activities, Company B exports its products
to 20 countries around the world. Which of the following is TRUE about Company
B's foreign operation: - correct answer ✔✔Company B is involved in international
business, but it is not a multinational company
, Your significant other has a surprise for you: he/she was offered a job at an
international organization, but wants to keep which one a surprise for you. You did
get from him/her that the organization was involved in helping countries resolve
subsidies and tariff disputes with other countries. You could safely say it is much
MORE LIKELY it is the _________ than the _______: - correct answer ✔✔WTO;
G20
Toyota promote different models in different countries depending on a range of
factors such as local fuel costs, income levels, traffic congestion, and cultural
values. This most likely demonstrates that: - correct answer ✔✔significant
differences still exist among national markets.
Globalization critics argue that the decline in unskilled wage rates in advanced
economies is due to the: - correct answer ✔✔migration of low-wage
manufacturing jobs offshore.
Chris is the CEO of a U.S.-based multinational corporation. Jay is a manager in a
similar position, but works for an American company that operates only in the U.S.
and does not engage in international business. In this context, which of the
following business functions will be most typically exclusive to Chris? - correct
answer ✔✔Designing an appropriate product for foreign customers
Which of the following statements best supports the claim that greater uniformity
replaces diversity in the context of global markets? - correct answer ✔✔As rival
global firms follow each other across countries, they bring with them their brand
names, products, and marketing strategies from other national markets, thus
creating some homogeneity across markets.