MBS INT BUS S2 Globalization and its Impact on Int Business

MBS INT BUS S2 Globalization and its Impact on Int Business

University

20 Qs

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MBS INT BUS S2 Globalization and its Impact on Int Business

MBS INT BUS S2 Globalization and its Impact on Int Business

Assessment

Quiz

Business

University

Practice Problem

Easy

Created by

Max Barahona

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key concept of globalization?

Reducing international cooperation

Increasing interconnectedness of countries through trade and investment

Isolating domestic markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been a key driver of globalization?

Decreasing demand for technology

Advancements in technology like the internet

Increasing local labor costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do multinational corporations contribute to globalization?

By focusing on local markets

By limiting cross-border activities

By accelerating cross-border business activities

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major benefit of globalization for businesses?

Restricting access to new markets

Limiting product variety

Expanding internationally to boost economic growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does globalization impact competition?

It reduces the need for innovation

It increases competition, improving product quality and lowering prices

It eliminates competition between companies

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a positive outcome of Foreign Direct Investment (FDI)?

Decreasing employment opportunities

Slowing down infrastructure development

Creating jobs and developing infrastructure in developing countries

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of globalization's positive impact?

Increased tariffs between countries

Apple’s expansion into Asia

Limiting cross-border trade agreements

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