Business > QUESTIONS & ANSWERS > BUS 475Week 5 quiz 4 chapters 6 COMPLETE SOLUTION RATED A (All)

BUS 475Week 5 quiz 4 chapters 6 COMPLETE SOLUTION RATED A

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Week 5 quiz 4 chapters 6-7 This quiz consist of 30 multiple choice questions. The first 15 questions cover the material in Chapter 6. The second 15 questions cover the material in Chapter 7. Be sure... you are in the correct Chapter when you take the quiz. Question 1 .5 out of 5 points Correct A society where economic power is concentrated in the hands of government officials and political authorities is called: Answer Selected Answer: A central state control system. Correct Answer: A central state control system. . Question 2 .5 out of 5 points Correct Single-party rule by communist parties still remains in: Answer Selected Answer: Vietnam. Correct Answer: Vietnam. . Question 3 .5 out of 5 points Correct An example of a Global Action Network, or GAN, is: Answer Selected Answer: The Kimberley Process. Correct Answer: The Kimberley Process. . Question 4 .5 out of 5 points Correct Global market channels involve a firm producing goods in: Answer Selected Answer: Their home country and exporting them to other countries. Correct Answer: Their home country and exporting them to other countries. . Question 5 .5 out of 5 points Correct A firm that would like to develop a global supply chain would: Answer Selected Answer: Purchase raw materials, components, or supplies from sellers in other countries. Correct Answer: Purchase raw materials, components, or supplies from sellers in other countries. . Question 6 .5 out of 5 points Correct The purpose of the World Trade Organization is to: Answer Selected Answer: Eliminate barriers to free trade among nations. Correct Answer: Eliminate barriers to free trade among nations. . Question 7 .5 out of 5 points Correct The term “race to the bottom” refers to: Answer Selected Answer: Moving production jobs to the country with the lowest labor cost. Correct Answer: Moving production jobs to the country with the lowest labor cost. . Question 8 .5 out of 5 points [Show More]

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