BUSA 3000 FINAL EXAM LATEST 2025 WITH CORRECT
QUESTIONS AND DETAILED ANSWERS/ALREADY GRADED A+
Which of the following terms indicates potential loss or adverse effects on
company operations and profitability caused by developments in a country's
political and/or legal environments?
A. commercial risk
B. currency risk
C. cross-cultural risk
D. country risk - CORRECT ANSWER-D
An individual from a country with a low degree of political risk would most
likely be from _______.
A. Venezuela
,B. Canada
C. Zimbabwe
D. Iraq - CORRECT ANSWER-B
The three major types of current political systems are ______.
A. totalitarianism, socialism, and democracy
B. socialism, democracy, and monarchy
C. totalitarianism, liberalism, and fascism
D. democracy, republicanism, and oligarchy - CORRECT ANSWER-A
Religion-based totalitarian states are called ______.
,A. theocratic
B. secular
C. socialistic
D. atheistic - CORRECT ANSWER-A
A ______ government seeks to control not only all economic and political
matters but also the attitudes, values, and beliefs of the citizenry.
A. democratic
B. socialistic
C. mixed
D. totalitarian - CORRECT ANSWER-D
, _____ fundamental tenet is that capital and wealth should be vested in the
state and used primarily as a means of production rather than for profit.
A. Socialism's
B. Democracy's
C. Totalitarianism's
D. Theocracy's - CORRECT ANSWER-A
Which of the following is the underlying principle of socialism?
A. The welfare of individuals far outweighs the welfare of society.
B. Collective welfare of people outweighs the welfare of the individual.
C. Capital and wealth should be vested in the hands of few and used primarily
as a means of profit.
QUESTIONS AND DETAILED ANSWERS/ALREADY GRADED A+
Which of the following terms indicates potential loss or adverse effects on
company operations and profitability caused by developments in a country's
political and/or legal environments?
A. commercial risk
B. currency risk
C. cross-cultural risk
D. country risk - CORRECT ANSWER-D
An individual from a country with a low degree of political risk would most
likely be from _______.
A. Venezuela
,B. Canada
C. Zimbabwe
D. Iraq - CORRECT ANSWER-B
The three major types of current political systems are ______.
A. totalitarianism, socialism, and democracy
B. socialism, democracy, and monarchy
C. totalitarianism, liberalism, and fascism
D. democracy, republicanism, and oligarchy - CORRECT ANSWER-A
Religion-based totalitarian states are called ______.
,A. theocratic
B. secular
C. socialistic
D. atheistic - CORRECT ANSWER-A
A ______ government seeks to control not only all economic and political
matters but also the attitudes, values, and beliefs of the citizenry.
A. democratic
B. socialistic
C. mixed
D. totalitarian - CORRECT ANSWER-D
, _____ fundamental tenet is that capital and wealth should be vested in the
state and used primarily as a means of production rather than for profit.
A. Socialism's
B. Democracy's
C. Totalitarianism's
D. Theocracy's - CORRECT ANSWER-A
Which of the following is the underlying principle of socialism?
A. The welfare of individuals far outweighs the welfare of society.
B. Collective welfare of people outweighs the welfare of the individual.
C. Capital and wealth should be vested in the hands of few and used primarily
as a means of profit.
