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FBLA International Global Business exam with complete solutions 2024.
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FBLA International Global Business exam with complete solutions 2024.
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FBLA International/Global Business examwith complete solutions 2024
1) jThe jeconomic jsystem jbased jupon jthe jprofit jmotive jis jthe:
jA) jsocialist jeconomy
jB) jcommand jeconomy
jC) jmarket jeconomy
jD) jmixed jeconomy j- jANSWER✓✓-C) jmarket jeconomy
2) jGlobal jdependency jexists jwhen:
jA) jcountries jcount jon jfinancial jaid jfrom jother jparts jof jthe jworld
jB) jitems jthat jconsumers jneed jand jwant jare jcreated jin jother jcountries
jC) jcountries jban jforeign jtrade
jD) ja jcitizen jfrom ja jcountry jgives jbirth jto ja jchild jin ja jforeign jcountry j-
jANSWER✓✓-B) jitems jthat jconsumers jneed jand jwant jare jcreated jin jother
jcountries
3) j___ jare jproducts jsold jin jother jcountries.
jA) jDomestic jgoods
jB) jImports
jC) jExports
jD) jForeign jgoods j- jANSWER✓✓-C) jExports
4) jWhich jis jnot ja jcultural jand jsocial jfactor jthat jaffects jthe jinternational
jbusiness jenvironment?
jA) jeducation
jB) jlanguage
jC) jvalues jand jcustoms
jD) jtype jof jgovernment j- jANSWER✓✓-D) jtype jof jgovernment
5) jThe jhost jcountry
jA) jis jthe jcountry jin jwhich ja jmultinational jenterprise jis jheadquartered
jB) jis jthe jcountry jin jwhich ja jmultinational jenterprise jis ja jguest
jC) jdoes jnot jhave jinfluence jon jthe joperation jof jthe jinternational jbusiness
jD) jis ja jdemocracy jthat jallows jthe jentrance jof jinternational jbusinesses j-
jANSWER✓✓-B) jis jthe jcountry jin jwhich ja jmultinational jenterprise jis ja jguest
6) jWhich jcountry jwould jhave jthe jgreatest jnumber jof jextended jfamilies?
jA) jMexico
jB) jCanada
,jC) jAustralia
jD) jUnited jStates j- jANSWER✓✓-A) jMexico
7) j____ jare jpeople jwho jlive jand jwork joutside jof jtheir jnative jcountries.
jA) jParent-country jnationals
jB) jForeign jemployees
jC) jExpatriates
jD) jThird-country jnationals j- jANSWER✓✓-C) jExpatriates
8) jThe j__ juses jmanagers jfrom jvarious jcountries jwith jthe jgeographic jregion jof
ja jbusiness.
jA) jpolycentric japproach
jB) jgeocentric japproach
jC) jregiocentric japproach
jD) jethnocentric japproach j- jANSWER✓✓-C) jregiocentric japproach
9) jEmployers jfor jmultinational jcompanies jdo jnot jhire jemployees jbased jon
jA) jadaptability
jB) jcompetence
jC) jethnocentrism
jD) jpersonal jcharacteristics j- jANSWER✓✓-C) jethnocentrism
10) jManagers jand jfamilies jmoving jto jother jparts jof jthe jworld jtake jpart jin j___
jto junderstand jthe jlocal jculture.
jA) jrepatriation jtraining
jB) jspousal jemployment jcounseling
jC) jglobal jorientation
jD) jcross-cultural jtraining j- jANSWER✓✓-D) jcross-cultural jtraining
11) jWhich jof jthe jfollowing jis jan jinternational jfirm?
jA) jSunrise jComputer jSystems
jB) jGary's jGas jStation
jC) jBuer's jBrewers
jD) jWalmart jInc. j- jANSWER✓✓-D) jWalmart jInc.
12) jOf jthe jfollowing jstatements, jthe jone jthat jdoes jnot jdescribe ja jmultinational
jcompany jis jthat
jA) jit jmaintains jboth jan jinternational jand jlocal jperspective.
jB) jit jmaintains jonly ja jlocal jperspective jto jsimplify jprocesses.
jC) jits jstrength jis jthat jit joffers ja jdifferent jproduct jin jeach jmarket.
jD) jcoordination jbetween jinternational jand jlocal jrepresentation jis jcrucial. j-
jANSWER✓✓-C) jits jstrength jis jthat jit joffers ja jdifferent jproduct jin jeach jmarket.
13) jAn jeconomy jthat jallows jan jindividual jto jpersonally jown ja jbusiness jwith
jlittle jor jno jinterference jfrom jthe jgovernment jis ja:
jA) jcommand jeconomy
, jB) jmixed jeconomy
jC) jmarket jeconomy
jD) jcommunist jeconomy j- jANSWER✓✓-C) jmarket jeconomy
14) jOne jof jthe jmost jtroubled jeconomies jin jthe jworld jis:
jA) jJapan
jB) jGreenland
jC) jAustralia
jD) jGermany j- jANSWER✓✓-A) jJapan
15) jThe jUnited jStates jis__________ jpercent jof jthe jworld's jpopulation.
jA) j10
jB) j3
jC) j5
jD) j7 j- jANSWER✓✓-C) j5
16) jA jU.S. jtoy jcompany jallows ja jChinese jcompany jto jcreate jclothing jand
jschool jsupplies jwith jone jof jthe jU.S. jcompany's jdoll jcharacters jon jthe
jproducts. jThis jis jan jexample jof:
jA) jdirect jexporting
jB) jfranchising
jC) jlicensing
jD) jindirect jexporting j- jANSWER✓✓-C) jlicensing
17) jThe j___ jbrings jtogether jresources jfor ja jcompany jto jget jstarted jand
joperate jsuccessfully.
jA) jwholesaler
jB) jentrepreneur
jC) jCEO
jD) jretailer j- jANSWER✓✓-B) jentrepreneur
18) jGlobal jcorporations jfocus jon:
jA) jproduct jand jpricing jsameness jworldwide.
jB) jcreating jproducts jthat jare juniversally jaccepted jor jstandardized.
jC) jcultural jdiversity jin jall jcompany-owned jenterprises.
jD) jethnocentricity jfor jall jemployees. j- jANSWER✓✓-B) jcreating jproducts jthat
jare juniversally jaccepted jor jstandardized.
19) j___ jis jwhen ja jcompany jbuys jland jor jother jresources jin janother jcountry.
jA) jA jwholly-owned jsubsidiary
jB) jForeign jdirect jinvestment
jC) jManagement jcontracting
jD) jA jjoint jventure j- jANSWER✓✓-B) jForeign jdirect jinvestment
20) jWhich jof jthe jfollowing jis jnot jadvantage jof joperating ja jbusiness jas ja jsole
jproprietorship?
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