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BUSI 3250 EXAM ONE QUESTIONS AND ANSWERS
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BUSI 3250 EXAM ONE QUESTIONS AND ANSWERS
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BUSI 3250 EXAM ONE QUESTIONS ANDANSWERS
T/F an international company (IC) is a company headquartered in another nation. -
Answer-false
T/F as used in the text. the term environment means all the forces influencing the life
and development of the firm - Answer-true
T/F lobbyists who advocate for new laws that will affect the production standards of a
business are an example of the internal force - Answer-false
T/F those who work in the international environment find that decision making is more
complex than it is in a purely domestic environment - Answer-true
T/F Britain was the world's leading manufacturing country for about 1,8000 years until it
was replaced by the United States in the 1800s - Answer-false
T/F the advent of globalization has had minimal effect on labor standards around the
world - Answer-false
T/F opponents of free trade point out that globalization has contributed to a decline in
environmental and health conditions - Answer-true
what is an example of an internal force that can affect a company's environment? -
Answer-human resources
Gabriel industries is located near a port city which allows it to ship products easily
overseas to its international customers. The geographic location of the company is an
example of an - Answer-external force
which of the environments associated with a company refers to the uncontrollable
forces origination outside the home country? - Answer-foreign
T/F a proportion of world trade coming from north America, Latin America, Africa, and
the middle east has decreased since 1983 - Answer-true
T/F thanks in part to communication advancements, international trade has stabilized
and become evenly distributed across all countries of the world - Answer-false
T/F the vast proportion of outward FDI, about two-thirds, originates from the developed
countries - Answer-true
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