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Test Bank for INTL BUS 7th Ed. by Griffin - Comprehensive Insights

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Test Bank for INTL BUS 7th Ed. by Griffin - Comprehensive Insights

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fair-trade regulations, but these legal frameworks often do not fully address the broader social
responsibility that companies should uphold.#### 3.2 **Employee Rights and Workplace
Discrimination**Ethical and legal issues surrounding employee rights include matters like equal pay, non-
discrimination, workplace harassment, and labor rights. Ethical concerns include whether companies are
doing enough to ensure fairness and equal treatment for all employees, especially in light of issues such as
racial discrimination, gender inequality, and disability rights. Legally, there are numerous frameworks
and protections in place, such as anti-discrimination laws, but the challenge remains ensuring that these
legal provisions are enforced and that businesses go beyond mere compliance to foster inclusive and fair
work environments.#### 3.3
Test Bank For
International Business 7th Edition by Griffin


Chapter 2. Global Marketplaces and Business Centers
1) Which of the following is LEAST responsible for driving
the floriculture industry? A) technological changes
B) competitve
rivalries C) trade
liberalization D)
state capitalism
Answer: D
Diff: 2
Skill: Concept
Objective: 1

2) FloraHolland is best described as a(n) .
A) cooperative floral auction organization
B) international floral import corporation
C) small, independent flower grower
D) floral industry
stock program
Answer: A Diff: 2
Skill: Concept
Objective: 1

3) Which of the following best explains the success of
FloraHolland? A) use of e-commerce
B) availability of cheap labor C)
creation of a futures market D)
acquisition of inexpensive land
Answer: C
Diff: 2

,Skill: Concept
Objective: 1
4) The patterns of trade and investment in international business are
LEAST affected by .
A) linguistics
B) cultural ties
C) education trends
D) military
alliances Answer: C
Diff: 2
AACSB: Dynamics of the global economy
Skill: Concept
Objective: 1
Learning Outcome: Explain how differences in culture affect the international
business environment
fair-trade regulations, but these legal frameworks often do not fully address the broader social responsibility that
companies should uphold.#### 3.2 **Employee Rights and Workplace Discrimination**Ethical and legal
issues surrounding employee rights include matters like equal pay, non-discrimination, workplace harassment,
and labor rights. Ethical concerns include whether companies are doing enough to ensure fairness and equal
treatment for all employees, especially in light of issues such as racial discrimination, gender inequality, and
disability rights. Legally, there are numerous frameworks and protections in place, such as anti-discrimination
laws, but the challenge remains ensuring that these legal provisions are enforced and that businesses go beyond
mere compliance to foster inclusive and fair work environments.#### 3.3

5) Companies doing international business are more likely to be successful when they
.
A) conduct frequent performance appraisals
B) understand local market characteristics C)
employ primarily local managers
D) rely on experienced expatriates
Answer: B
Diff: 2
Skill: Concept
Objective: 1

6) What is London's origin as a world financial center?
A) military power of British Empire in the nineteenth century
B) influence of royalty on the city's reputation
C) rule over several former American colonies
D) prestige of the London Stock Exchange
Answer: A
Diff: 2
Skill: Concept

,Objective: 1

7) Which of the following markets has the LEAST impact on the
world's current economic activity? A) North America
B) European
Union C) China D)
Japan Answer: C
Diff: 3
AACSB: Dynamics of the global economy Skill: Concept
Objective: 1
Learning Outcome: Discuss trends in and the debate over globalization
fair-trade regulations, but these legal frameworks often do not fully address the broader social responsibility that
companies should uphold.#### 3.2 **Employee Rights and Workplace Discrimination**Ethical and legal issues
surrounding employee rights include matters like equal pay, non-discrimination, workplace harassment, and labor
rights. Ethical concerns include whether companies are doing enough to ensure fairness and equal treatment for
all employees, especially in light of issues such as racial discrimination, gender inequality, and disability rights.
Legally, there are numerous frameworks and protections in place, such as anti-discrimination laws, but the
challenge remains ensuring that these legal provisions are enforced and that businesses go beyond mere
compliance to foster inclusive and fair work environments.#### 3.3
8) In the twenty-first century, growth rates in have outpaced those in
.
A) the United States and China; India and Japan
B) Canada and Japan; Germany and the U.S. C)
Japan and India; China and Canada
D) China and India; Germany and
Japan Answer: D
Diff: 3
Skill: Concept
Objective: 1
Learning Outcome: Discuss trends in and the debate over globalization

9) The European Union accounted for about percent of the world's GDP in
2009.
A) 15 B)
28 C) 45
D) 52
Answer:
B Diff: 2

Skill: Concept
Objective: 2

10) Which country has the highest per capita income in North

, America? A) the United States
B) Central America
C) Canada
D) Mexico
Answer: A
Diff: 1 Skill:
Concept
Objective: 2
The countries of
North America
produce
approximately
percent of
the world's
output.
A) 18
B) 29
C)
45
D) 52
Answer: B
Diff: 2 Skill:
Concept
Objective: 2
fair-trade regulations, but these legal frameworks often do not fully address the broader social responsibility that
companies should uphold.#### 3.2 **Employee Rights and Workplace Discrimination**Ethical and legal issues
surrounding employee rights include matters like equal pay, non-discrimination, workplace harassment, and
labor rights. Ethical concerns include whether companies are doing enough to ensure fairness and equal
treatment for all employees, especially in light of issues such as racial discrimination, gender inequality, and
disability rights. Legally, there are numerous frameworks and protections in place, such as anti-discrimination
laws, but the challenge remains ensuring that these legal provisions are enforced and that businesses go beyond
mere compliance to foster inclusive and fair work environments.#### 3.3
11) is the currency in which the sale of goods and services is denominated.
A) Flight capital
B) Euro currency
C) Invoicing currency
D) Capital substitution
Answer: C
Diff: 1
Skill: Concept
Objective: 2
Learning Outcome: Define the fundamental concepts of international business

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