International Business test 2 – Flashcards
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The reason a government may nationalize a firm include
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All of the above( extract more money form the firm, increase the firm's profitability, to preserve jobs)
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Government stability is a characteristic of a government that
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C. Maintain predictability in fiscal, monetary and political policies
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International Business can be a powerful political force in part because
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about half the world's 00 largest economic units are firms
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Counter arguments to the "protect domestic" argument include
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D. two of the above
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Quotas are a quantitative barrier to trade that sets
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limits, established by the importer
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barriers to trade
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cost consumers billions of dollars per year
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international law include
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bilateral and multilateral treaties, along with customary law
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extraterritoriality is
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a nation's attempt to enforce its law beyond its borders
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arbitration is a private solutions that is
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Often preferred by foreign litigants because it is perceived as fairer, faster, cheaper, and more confidential than are the courts
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trademarks can be
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Color sound and design or all of the above
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United States and EU
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both apply antitrust law extraterritoriality
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Foreign corrupt practice act is US legislation that
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prohibits bribery by American companies abroad
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the present floating exchange rate system is not totally free float because
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some central banks from time to time intervene in the market to buy or sell large amounts of currency to affect the supply and demand of a particular currency
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The vehicle currency is used
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In a cross border import or export transaction
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world interest rate are often very similar among SDR currenc beause
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world financial markets are integrated, so we see the law of one price at work
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to fully understand why, how and where they intend to do business now and in the future managers must have
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all of the above
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according to the text competency
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create value for customers and for which customers are willing to pay
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according to survey by bain ; Co, the management tool with the highest level of satisfaction among global executives is
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Strategic planning
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Fred Gluck.... management must make the following changes in their planning methods
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two of the above
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scenarios are designed to assist managers
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two of a b and c
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when a company faces relatively weak pressures for local responsiveness and cost reductions, it should tend to use a
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home replication strategy
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in designing the organizational structure management knows 2 concerns .... ; ... run counter to each other
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finding the most effective way to departmentalize; coordinating activities
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as their oversea operation have increased in importance companies have felt the need to
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two of the above
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Structure organized by more than one dimension at the top level is known as a
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Hybrid organization
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Is used by management during planning process and provides information about threats and opportunities
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Environmental screening
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Under the county screening process in what order is the selection of foreign market process is presented in the textbook
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basic needs, economic/financial, political, sociocultural, and competitive
