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IB_Globalization

Authored by Hoàng Hương

Science

University

Used 4+ times

IB_Globalization
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9 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

_____ refers to the shift toward a more integrated and interdependent world economy

Outsourcing

International marketing

Privatization

Globalization

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a consequence of globalization?

decreasing interdependence between national economies

increasing outsourcing of services

differentiating of material culture

increasing barriers to cross-border trade

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Globalization of markets results in markets becoming

more interdependent

less diverse

more protected

less competitive

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following factors hinders globalization of consumer goods market?

national differences in tastes and preferences

higher production costs in developed nations

homogenization of material culture

increased outsourcing of goods and services

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The downside of increased globalization is

global financial contagions are less likely

a severe crisis in one region can affect the entire globe

one nation may become too powerful

No downside

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

To be classified as an MNE, a company must have productive activities in at least ------- countries

two

three

four

five

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does managing an international business differ from managing a domestic business?

International managers are more experiences

Countries differ in their cultures and systems

Countries want to do business with their neighbors

Countries want to keep their transactions simple

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