MOUSSALLI FINAL EXAM BUSI 3250 | QUESTIONS AND ANSWERS |
VERIFIED ANSWERS | LATEST EXAM
(7) The International Monetary Fund is a source of economic data that
analysts can access to assess economic conditions. T/F
True
(7) The international environment includes all the uncontrollable forces
originating outside the home country that surround and influence the firm.
T/F
False
(7) International economic analyses should provide economic data on both
actual and prospective markets. T/F
True
(7) The World Bank categorizes countries based on GNI per capita, using
the following categories:
high-income economies, middle-income economies, low-income economies.
(7) The International Monetary Fund would characterize a developing
economy as one in which
technology is not as developed.
(7) When an international manager is considering where to do business, one
of the first considerations is
the size of the economy.
(7) Unrecorded transactions in an economy, such as goods and services that
are bartered, are said to be part of which economy?
informal
(7) GNI/capita, a crude estimate of purchasing power, must be further
refined by
incorporating data on how the national income is actually distributed.
, (7) A measure of the degree to which family income within a country is
distributed equally is called
the GINI index.
(7) A business would rely on the GINI Index to understand
the degree to which family income is distributed equally within a country.
(9) Strategic plans promote consistency of action among the firm's
managers worldwide and encourage them to consider the ramifications of
their actions in the firm's other geographic and functional areas. T/F
True
(9) Why is scenario analyses an important tool for managers?
By anticipating the future and recognizing the warning signs of turbulence
ahead, managers can develop more effective strategies.
(9) Jenna reported to the management team that their proposed investment
in Great Britain could be affected by the Brexit announcement. Which
aspect of strategic planning does this demonstrate?
Analyze the company's external environments.
(9) Which aspect of strategic planning helps a company maintain itself
within the boundaries of the mission and vision statements?
setting corporate objectives
(9) To set corporate objectives, management must first
define the firm's mission.
(9) A company would create procedures in order to
specify how certain activities will be carried out.
(9) Performance measures are done to assess
if the strategy and its implementation are proceeding successfully.
(9) A company would rely on triple-bottom-line accounting to
measure the company's strategic performance.
(9) Knowledge that an individual has but that is difficult to express clearly
in words, pictures, or formulas and is therefore difficult to transmit to
others is known as ________ knowledge.
VERIFIED ANSWERS | LATEST EXAM
(7) The International Monetary Fund is a source of economic data that
analysts can access to assess economic conditions. T/F
True
(7) The international environment includes all the uncontrollable forces
originating outside the home country that surround and influence the firm.
T/F
False
(7) International economic analyses should provide economic data on both
actual and prospective markets. T/F
True
(7) The World Bank categorizes countries based on GNI per capita, using
the following categories:
high-income economies, middle-income economies, low-income economies.
(7) The International Monetary Fund would characterize a developing
economy as one in which
technology is not as developed.
(7) When an international manager is considering where to do business, one
of the first considerations is
the size of the economy.
(7) Unrecorded transactions in an economy, such as goods and services that
are bartered, are said to be part of which economy?
informal
(7) GNI/capita, a crude estimate of purchasing power, must be further
refined by
incorporating data on how the national income is actually distributed.
, (7) A measure of the degree to which family income within a country is
distributed equally is called
the GINI index.
(7) A business would rely on the GINI Index to understand
the degree to which family income is distributed equally within a country.
(9) Strategic plans promote consistency of action among the firm's
managers worldwide and encourage them to consider the ramifications of
their actions in the firm's other geographic and functional areas. T/F
True
(9) Why is scenario analyses an important tool for managers?
By anticipating the future and recognizing the warning signs of turbulence
ahead, managers can develop more effective strategies.
(9) Jenna reported to the management team that their proposed investment
in Great Britain could be affected by the Brexit announcement. Which
aspect of strategic planning does this demonstrate?
Analyze the company's external environments.
(9) Which aspect of strategic planning helps a company maintain itself
within the boundaries of the mission and vision statements?
setting corporate objectives
(9) To set corporate objectives, management must first
define the firm's mission.
(9) A company would create procedures in order to
specify how certain activities will be carried out.
(9) Performance measures are done to assess
if the strategy and its implementation are proceeding successfully.
(9) A company would rely on triple-bottom-line accounting to
measure the company's strategic performance.
(9) Knowledge that an individual has but that is difficult to express clearly
in words, pictures, or formulas and is therefore difficult to transmit to
others is known as ________ knowledge.
