Which of the following is an investment entry mode?
A) licensing
B) franchising
C) joint venture
D) turnkey project
The psychological process of readapting to one’s home culture after working in a
host-country culture is called ________.
A) social loafing
B) assimilation effect
C) reverse culture shock
D) expatriate failure
The term ________ refers to entities cooperating across national boundaries.
A) internationalization
B) supranationalism
C) denationalization
D) multiculturalism
Which of the following terms is used to refer to widespread job turnover throughout an
economy?
A) redeployment
B) restructuring
C) onboarding
D) churning
Donna Bader, Globalization opponent
Donna Bader spent her final year at college studying the effect of various economic
factors on the economy of developing nations. Based on the results of her study, she
concluded that globalization does these countries more harm than good.
________ involves the idea that a nation-state is autonomous, cannot intervene in the
affairs of other nations, and can enter into binding international agreements.
A) National sovereignty
B) Authoritarianism
C) Cultural liberalism
D) Communalism
Which of the following talks about the relative ability of two countries’ currencies to
buy the same “basket” of goods in those two countries?
A) the Fisher effect
B) the law of one price
C) purchasing power parity
D) cross rates
On a recent trip to Hong Kong, a group of tourists found several Prada bags being sold
on the pavement. They cost only a few dollars and were clearly fake; though they bore
the Prada trademark. This is an example of ________.
A) piracy
B) monopolization
C) ethnocentrism
D) nationalization
Which of the following is a result of the protection of domestic companies from
international competition?
A) Consumers need to pay lesser for products.
B) There are increased incentives to cut production costs and improve quality.
C) Companies become more reliant on protection.
D) Protection increases a company’s incentives to obtain the knowledge it needs to
become more competitive.
________ refers to anything that disrupts the audience’s ability to receive and interpret a
promotional message.
A) Noise
B) Interpolation
C) Feedback
D) Resonance
Democracies try to preserve peaceful coexistence among groups of people with diverse
cultural, ethnic, and racial backgrounds. These rights are known as ________ rights.
A) indirect
B) central
C) subcapital
D) minority
A distribution channel in which a manufacturer grants the right to sell its products to
only one or a limited number of resellers is called a(n) ________.
A) intensive channel
B) exclusive channel
C) zero-level channel
D) two-level channel
If Owen’s HomeCare Products decides to sell their products to intermediaries who then
resell them to buyers in target markets, the company would be engaging in ________.
A) indirect exporting
B) counterpurchase
C) an acquisition
D) a joint venture
In the context of the sensitivity of demand for a product relative to changes in income, a
coefficient greater than 1.0 conveys a(n) ________.
A) surplus product
B) economic equilibrium
C) economic surplus
D) income-elastic product
Decentralized decision making is beneficial when ________.
A) all subsidiaries use the same inputs in production
B) fast-changing national business environments put a premium on local responsiveness
C) one subsidiary’s output is another’s input
D) it aims to create a single global organizational culture