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International Management: Global applications Flashcards | StudBud
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International Management: Global applications
International Management: Global applications
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Effect of Globalization on Management
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
USMCA is the present agreement between the USA, Mexico, and Germany
True
False
2
India is attractive to multinationals, especially U.S. and British firms.
True
False
3
A strong economy also strengthen your hand in International Negotiations
False
True
4
Prices of Japanese goods are relative high due to _____
strong Yen
weak Yen
delivery time
Japanese perfection
5
The effect of globalization and inter-connectivity is illustrated by
people spending holidays in Las Vegas rather than Italy
The fast spread of Covid 19
withdrawal of US troops from Afghanistan
Investing money in a Florida Ranch
6
Monopolies are a danger to the market because they tend to stifle growth of small business.
False
True
7
To qualify as a multinational corporation (MNC), a firm must meet all of the following criteria
international sales
all the above
mix of nationalities among managers and owners
operations in more than one country
8
Globalization will tend to cause prices to
go up
free
unaffected
go down
9
Which country buys the most from the USA worldwide?
Mexico
Canada
Japan
Great Britain
10
The _____ is the organization of countries that oversees regulations for international trade
World Bank
WTO
UN
NAFTA
11
General Electic, Amazon, Gaming firms are notorious for using social media to improve global sales.
True
False
12
Goldman Sachs was correct in predicting that China will surpass the USA in the 2020's
YES
NO
13
If the US $ is strong vs. the Thai baht, the US dollar will flow to Thailand, benefitting many in Thailand.
True
False
14
_____ is the process of applying management concepts and in a multinational environment
Internationalization
Globalization
Strategic Management
International Management
15
The ultimate objective of the European Union is to eliminate all trade barriers among members
False
True