Actual International Business: Chapter 5 – Flashcards

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The relationships among ecological, social, and economic systems in sustainable environments need to be:
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interdependent
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The stakeholder model requires businesses to think about:
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the network of tensions caused by competing demands
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Stakeholder theory pushes managers to be clear about how they want to do business, so it encourages:
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recognition of and transparency with values and underlying principles
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Physical barriers that have led to the development of separate languages in the same country are known as:
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topographical barriers
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With factor conditions, Porter's diamond model distinguishes between basic factors, those a country inherits, and
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advanced factors, those a country can mold: labor and infrastructure
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Swiss exports are concentrated, high-density products that minimize the need for importing bulky materials because:
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mountain ranges increase transport costs into and out of Switzerland and limit local resources.
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Geographical proximity contributes to:
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(knowledge of the country by its neighbors, lower freight costs, the likelihood of trade relationships) all of the above
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Topography, including mountains, deserts, plains, and bodies of water, greatly influences:
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the physical distribution of products and services
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Nations whose mountains divide them into smaller regional areas include:
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Switzerland, Afghanistan, China, and Colombia
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One example of the effect of topography is:
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isolated language groups, which require special marketing adjustments.
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Climate influences:
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what people can do, physically and economically
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World Bank studies have shown that underdevelopment is often due to:
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factors such as parasites and viruses that are a part of tropical climates and expand unchecked because of the lack of winter temperatures.
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Petroleum, a relatively cheap nonrenewable energy source, is:
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being increasingly depleted and is expected to run out in another 50 years, but in the meantime, improved retrieval techniques are being developed.
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The top four countries in proven reserves are:
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Saudi Arabia, Canada, Iran, and Iraq
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As an energy source, nuclear power:
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(is growing significantly, especially in developing countries, has been growing as the price of oil climbs and cleaner energy sources (nonpolluting) are sought, has been exploited by France, which has one of the lowest greenhouse gas emissions in the industrialized world.) all of the above
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Coal pollutes heavily:
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(B. yet its consumption has increased and is projected to continue on this trend, especially in China and India and C. and contributes to greenhouse gas emissions, especially in China, India, and the United States.) B and C
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Renewable energy sources:
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(A. will replace fossil fuels, due to price, depletion, or carbon emissions and B. are growing at greater rates than the nonrenewables in the United States and Europe) A and B
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Environmental sustainability is both local and global because:
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environmental conditions do not recognize national borders.
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The three characteristics of evolving sustainable business practices are:
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limits, interdependence, and equity
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Stakeholder theory is an understanding of how business works that:
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takes into account all identifiable interest holders
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A way to measure a company's success in sustainable business practices is:
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triple-bottom-line accounting
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Proximity is a factor in explaining:
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the number of a nation's political and trade relationships
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Climate is probably the most important element of the physical forces, as it sets the limits on:
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what people can do physically and economically
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The main transportation artery of Europe is the:
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Rhine waterway
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Bodies of water that provide inexpensive access to interior markets are known as:
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inland waterways
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Every continent has inland waterways that provide inexpensive access to interior markets except:
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Australia
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The North-South divide uses climatic differences to explain:
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differences in human development
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Studies conducted by the World Bank indicate that tropical climates allow for:
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the unimpeded reproduction and growth of weeds, viruses, birds, insects, and parasites.
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Natural resources are:
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anything provided by nature on which people depend
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The marketed energy use has been dominated since 1980 by:
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nonrenewable energy sources.
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Unconventional sources of petroleum such as oil sands and shale are often grouped together and referred to as:
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heavy oil
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This material, when heated to 500°C, will yield 25 liters or more per ton of input:
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shale
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This is the only industrialized country that has not ratified the Kyoto Protocol, a UN convention on climate change:
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the United States
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Wind power is sourced:
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on land and sea
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According to the text, the fastest-growing renewable energy source is:
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solar PV
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China's vast and mountainous terrain leads to:
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many languages and dialects
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Deserts and tropical forests seem opposites, but they have this trait in common:
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they separate markets, increasing transportation costs
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Rare earths are a group of elements used in:
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technology applications
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Which country controls the export market of rare earths?
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China
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