Business

Question: The global corporation

A Considers the world to consist of distinct and unique entities

Don't use plagiarized sources. Get Your Custom Essay on
Business
Just from $13/Page
Order Essay

B Operates at low relative costs

C Operates from any one country

D Adjusts its products and practices to each country

Question: Because of formal and informal trade barriers and the uncertainties of the world’s current floating exchange rate regime, several automobile companies have established top-to-bottom manufacturing operations in three major regional markets. Which of the following is one of them?

A Australia

B Africa

C South America

D Western Europe

Question: A _____ is issued to the exporter by the common carrier transporting the merchandise and it serves as a receipt, a contract, and a document of title.

A Bill of lading

B Collateral

C Draft

D Letter of credit

 

Question: Which of the following is a drawback of relying on an EMC?

A They do not provide references and have no antecedents

B The exporting company can fail to develop its own exporting capabilities

C They typically add little value to the exporting company

D They typically lack knowledge about the local business regulations

Question: _____, or reductions in unit costs as plant output expands, are achieved because of greater utilization of capital equipment and the productivity gains that come with specialization of employees within the plant.

A Minimum efficient scale

B Production cost curve

C Maximum efficient scale

D Economies of scale

Question: The mission of the _____ is to provide financing aid that will facilitate exports, imports, and the exchange of commodities between the United States and other countries.

A Sogo shosha

B World Bank

C Overseas Commercial Service

D Ex-Im Bank

Question: Which of the following is an advantage related to both a relatively low level of fixed costs and to a low minimum efficient scale?
A A firm can hedge against potential adverse moves in currencies

B Products can be standardized across different national markets

C Firms can operate entirely out of their home countries

D Product manufacturing can be limited to a single location

Question: Which of the following is an advantage of a geocentric approach to staffing for international businesses?

A It permits better corporate center control

B It is inexpensive to implement

C It helps build a strong culture

D It helps transfer core competencies

Question: A citizen of Japan who moves to the United States to work at Microsoft would be classified as a(n)

A Expatriate

B Inpatriate

C Third-country national

D Host-country national

Question: When should an exporter get export credit insurance?

A When the exporter is facing a situation where the importer may default on payment

B When the exporter is dealing with a country that has a nonconvertible currency

C When he is unable to obtain any pre-export financing

D When the exporter has received a letter of credit from the importer’s bank

Question: Re-entry of expatriate managers into their home-country organization is termed _____.

A Inpatriation

B Nesting

C Repatriation

D Homing

Place Order
Grab A 14% Discount on This Paper
Pages (550 words)
Approximate price: -
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Try it now!

Grab A 14% Discount on This Paper

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.