Reviewing Unit 1,2,3 SM3

Question 1

Which global event that led to cold war?

Accepted Answer

Competition between Western Bloc and Eastern Bloc

Question 2

A low level individualism in a national culture means

Accepted Answer

working participation as a collectives

Question 3

Which international organization that works to promote global monetary cooperation, stabilise finances?

Accepted Answer

The International Monetary Funds

Question 4

Which one is major consequences of technological development on International Business

Accepted Answer

Rapid Growth in the number of SMEs

Question 5

What is Foreign Direct Investment?

Accepted Answer

Investing in overseas country

Question 6

What are the types of economics systems; except?

Accepted Answer

Capitalisme

Question 7

A decline of country&#x27;s GDP across two consecutive three month periods refer to

Accepted Answer

Recession

Question 8

Which is the most effective host country condition to implement Export modes?

Accepted Answer

High Production Cost

Question 9

Why business need to comply with Transfer Pricing rules?

Accepted Answer

to prevent companies from shifting profits from higher tax to lower tax one

Question 10

The higher level of Uncertainty Avoidance in national culture the more

Accepted Answer

willingness to avoid risk

Question 11

Which is disadvantages of MNCs?

Accepted Answer

MNC gain access to natural resources with destructive short term effects

Question 12

Which country has high masculinity?

Accepted Answer

Japan

Question 13

Which is not common complaints from MNCs?

Accepted Answer

Overpriced Resoruces

Question 14

Which one is the advantages of Licensing?

Accepted Answer

Higher Return of Investment

Question 15

What is the Productivity level of Planned Market Economics?

Accepted Answer

Low Productivity

Question 16

Which are not the legal issues when conducting international business?

Accepted Answer

Tax Relief

Question 17

High levels of unemployment, low wages, and reduced consumer spending are charaterized of...

Accepted Answer

Depression Economic Cycle

Question 18

Following is not factor endowments country&#x27;s comparative advantages

Accepted Answer

Technology

Question 19

These are the main factors of globalisation, except

Accepted Answer

Competitive Advantages

Question 20

Which International Financial Markets that allow companies/individual trade currencies

Accepted Answer

Forex Markets

Question 21

Which international Financial markets can companies go to in order to obtain external financing?

Accepted Answer

Capital Markets

Question 22

Which country has more Power Distance culture?

Accepted Answer

Philippines

Question 23

The development of Mobile Banking is an example of technology development in

Accepted Answer

Satellite Communications

Question 24

What is a common complaint by host country regarding MNCs

Accepted Answer

Limited Technology Transfer

Question 25

What is Economic of Scales related to?

Accepted Answer

Cost Saving

Question 26

Theory of Absolute Advantage is when opportunity cost of producing a good/services is lower than tranding partners

Accepted Answer

False

Question 27

Following is the definition of GDP?

Accepted Answer

Economic output based on ownership

Question 28

Which theory stated that a country will import goods when resources are scarce in home country?

Accepted Answer

Eli Heckscher and Bertil Ohlin

Question 29

A company choose to eliminate their structural divisions for efficiency; which belief company follow?

Accepted Answer

Regioncentric Beliefs

Question 30

Polycentric beliefs have a decentralized management systems that works in each of their operating countries

Accepted Answer

True

Reviewing Unit 1,2,3 SM3

Questions 30

Reviewing Unit 1,2,3 SM3

Questions 30