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BUSI 3250 Auburn Exam 1 Latest 2023 Update with complete solution

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BUSI 3250 Auburn Exam 1 Latest 2023 Update with complete solution an international company (IC) is a company headquartered in another nation ✔Ans✔ false As used in the text, the term enviro... nment means all the forces influencing the life and development of the firm ✔Ans✔ true lobbyists who advocate for new laws that will affect the production of a business are an example if an internal force ✔Ans✔ false those who work in the international environment find that decision making is more complex than it is in a purely domestic environment ✔Ans✔ true Britain was the world's leading manufacturing country for about 1,800 years, until it was replaced by the United States in the 1800s ✔Ans✔ false the advent of globalization has had minimal effect on labor standards around the world ✔Ans✔ false opponents of free trade point out that globalization has contributed to a decline in environmental and health conditions ✔Ans✔ true what is an example of an internal force that can affect a company's environment ✔Ans✔ human resources Gabriel Industries is located near a port city which allows it to ship products easily overseas to its international customers. The geographic location of the company is an example of a(n) ✔Ans✔ external force which of the environments associated with a company refers to the uncontrollable forces originating outside the home country? ✔Ans✔ foreign the proportion of world trade coming from North America, Latin America, Africa, and the Middle East has decreased since 1983 ✔Ans✔ true thanks in part to communication advancements, international trade has stabilized and become evenly distributed across all countries of the world ✔Ans✔ false the vast proportion of outward FDI, about two-thirds, originates from the developed countries ✔Ans✔ true Internalization theory suggests that when an organization has superior knowledge, it may obtain a better price by selling it to the open market ✔Ans✔ false the dynamic capability theory states that for a firm to invest overseas, it must have three kinds of advantages: ownership specific, internalization, and location specific ✔Ans✔ false [Show More]

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