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C211 SECOND OA QUESTIONS WITH GUARANTEED ACCURATE ANSWERS| VERIFIED
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The term "emerging economies" has replaced the term _____. - Accurate AnswerDeveloping countries. The gross domestic product plus the income from non-resident sources abroad gives the ____. - Accurate Answergross national product. More than 25% of global GDP comes from _____. - Accurate Answe...

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  • August 6, 2024
  • 27
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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C211 SECOND OA 2024\2024
QUESTIONS
C211 SECOND OA 2024\2024 QUESTIONS WITH GUARANTEED ACCURATE
ANSWERS| VERIFIED




The term "emerging economies" has replaced the term _____. - Accurate
Answer✅✅Developing countries.


The gross domestic product plus the income from non-resident sources abroad
gives the ____. - Accurate Answer✅✅gross national product.


More than 25% of global GDP comes from _____. - Accurate Answer✅✅BRICS
countries.


Viewing the global economy as a pyramid, the Triad refers to _____. - Accurate
Answer✅✅North America, Western Europe, and Japan

,People who earn _____ a year comprise the base of the global economic pyramid. -
Accurate Answer✅✅less than $2,000


Which of the following would be an example of a top down innovation? - Accurate
Answer✅✅Lowering prices and features of existing products to meet emerging
market needs


Which of the following is true of the Group of 20 (G-20)? - Accurate
Answer✅✅It only has 19 member countries.


Which of the following does the institution-based view of global business lay
emphasis on? - Accurate Answer✅✅Understanding the laws and values of the
firm's host nation.


The resource-based view of global business differs from the institution-based view
of global business in that the resource-based view _____. - Accurate
Answer✅✅focuses on the internal strengths on the firm


The liability of foreignness is the inherent disadvantage faced by _____. - Accurate
Answer✅✅foreign firms in host nations due to their non-native status


Which of the following is true of globalization according to the "new force"
perspective? - Accurate Answer✅✅It is a western ideology focused on exploiting
and dominating the world through MNEs


The concept of _____ suggests that barriers to market integration at borders are
high, but not high enough to completely insulate countries from each other. -
Accurate Answer✅✅Semiglobalization

, The strategy of treating each country as a unique market and in total isolation is
referred to as _____. - Accurate Answer✅✅Localization


MNEs from the Triad dominate the list of the 500 largest MNEs; their share has
been _____. - Accurate Answer✅✅Shrinking


A conversion that determines the equivalent amount of goods and services that
different currencies can buy is known as _____. - Accurate Answer✅✅purchasing
power parity


Which of the following countries would be characterized as an emerging
economy? - Accurate Answer✅✅Brazil


Which of the following countries is represented in the Triad of the global economic
pyramid? - Accurate Answer✅✅Japan


People who earn _____ a year comprise the base of the global economic pyramid. -
Accurate Answer✅✅less than $2,000


A _____ is defined as an innovation that is adopted first in emerging economies
and then diffused around the world. - Accurate Answer✅✅reverse innovation


The _____ view suggests that the success and failure of firms are largely
determined by their environments. - Accurate Answer✅✅institution-based


The _____ view of global business focuses on internal factors that can help a firm
overcome its external environment. - Accurate Answer✅✅resource-based

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