D270 EXAM 1 | QUESTIONS & ANSWERS
(VERIFIED) | LATEST UPDATE | GRADED
A+
One important indicator of Globalization highlighted in the lecture was that:
Correct Answer: 25% of all production is sold outside the country of origin
A United States company owns a Liverpool football club in the United Kingdom. British
law determines how the club is taxed. This is an example of which of the following
factors that influence international business?
Correct Answer: Legal
All of the following are reasons why most governments have reduced trade restrictions
EXCEPT?
Correct Answer: Securing more income for the government
The Floating Subsidiary concept helps explain all the following situations EXCEPT:
Correct Answer: The feeling that one part of the firm's operation abroad is more
important than one at home
Page 1 of 8
, Critics charge that globalization does which of the following to products, companies,
work methods, social structures, and even language?
Correct Answer: Homogenizes
According to lecture discussion, MNCs are oftentimes criticized for going international.
A relentless force pushing them to go international was emphasized as
Correct Answer: Growing consumer demand for foreign products
___________ are construction projects performed under contract and transferred to
owners when they're operational.
Correct Answer: Turnkey operations
A mode of business in which one party allows another to use its trademark as an
essential asset of the franchisee's business is known as which of the following?
Correct Answer: Franchising
From the lecture, a good example of "Why do Firms Go International?: To Minimize
Business Cycle Differences Risk" is:
Correct Answer: The popularity of Buick in China
Smaller countries tend to be _____________ globalized than larger ones.
Correct Answer: more
Page 2 of 8
(VERIFIED) | LATEST UPDATE | GRADED
A+
One important indicator of Globalization highlighted in the lecture was that:
Correct Answer: 25% of all production is sold outside the country of origin
A United States company owns a Liverpool football club in the United Kingdom. British
law determines how the club is taxed. This is an example of which of the following
factors that influence international business?
Correct Answer: Legal
All of the following are reasons why most governments have reduced trade restrictions
EXCEPT?
Correct Answer: Securing more income for the government
The Floating Subsidiary concept helps explain all the following situations EXCEPT:
Correct Answer: The feeling that one part of the firm's operation abroad is more
important than one at home
Page 1 of 8
, Critics charge that globalization does which of the following to products, companies,
work methods, social structures, and even language?
Correct Answer: Homogenizes
According to lecture discussion, MNCs are oftentimes criticized for going international.
A relentless force pushing them to go international was emphasized as
Correct Answer: Growing consumer demand for foreign products
___________ are construction projects performed under contract and transferred to
owners when they're operational.
Correct Answer: Turnkey operations
A mode of business in which one party allows another to use its trademark as an
essential asset of the franchisee's business is known as which of the following?
Correct Answer: Franchising
From the lecture, a good example of "Why do Firms Go International?: To Minimize
Business Cycle Differences Risk" is:
Correct Answer: The popularity of Buick in China
Smaller countries tend to be _____________ globalized than larger ones.
Correct Answer: more
Page 2 of 8
