International Business, 17e (Daniels)
Chapter 1 Globalization and International Business
1) In terms of international business, it is most accurate to say that ________.
A) there is a universal "best way" to con
...
International Business, 17e (Daniels)
Chapter 1 Globalization and International Business
1) In terms of international business, it is most accurate to say that ________.
A) there is a universal "best way" to conduct business
B) global competition affects large companies but not small ones
C) most firms depend either on foreign markets and supplies or compete against companies that
do
D) government regulation of international business has little effect on a company's profits
Answer: C
Diff: 2
Skill: Concept
Objective: 1-1 Explain why and how the study of international business (IB) is important
AACSB: Reflective thinking
2) Individuals should most likely study international business to ________.
A) comply with graduate school certification requirements
B) ensure that an employer has a global online presence
C) remain current on the latest business methods
D) obtain bilingual business experience
Answer: C
Diff: 1
Skill: Application
Objective: 1-1 Explain why and how the study of international business (IB) is important
AACSB: Application of knowledge
3) Devon, an accounts manager at a large electronics firm, does not have any direct international
responsibilities; however, Devon would most likely benefit from studying international business
issues so that he can ________.
A) conduct better job interviews
B) better understand how foreign operations affect the company's competitive position
C) supervise and evaluate subordinates who have global assignments
D) understand the legalities of importing and exporting products overseas
Answer: B
Diff: 2
Skill: Application
Objective: 1-1 Explain why and how the study of international business (IB) is important
AACSB: Application of knowledge
[Show More]