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IBUS 310 MIDTERM || Questions and 100% Verified Answers.
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international business is correct answers transfer of resources, goods, services/skills, or information across borders ghemawat semi globalization curve correct answers -the world is semi globalized and will remain so for decades to come -allows companies to avoid: -growth fever -statelessne...

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  • October 28, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • international business is

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  • IBUS 310
  • IBUS 310

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IBUS 310 MIDTERM || Questions and 100% Verified
Answers.
international business is correct answers transfer of resources, goods, services/skills, or
information across borders

ghemawat semi globalization curve correct answers -the world is semi globalized and will
remain so for decades to come
-allows companies to avoid:
-growth fever -statelessness -need for ubiquity

-where are we on the curve right now....?

Thomas Friedman correct answers author of The World is Flat
-ch 1: while I was sleeping
-ch 3: triple convergence
-ch. 16 dell theory of conflict prevention

Pankaj ghemawat correct answers author of "Redefining Global Strategy: Crossing Borders in a
World Where Differences Still Matter"
- Ch 1: semi globalization and strategy
- Ch 2: differences across countries (CAGE)
and "Distance Still Matters: The Hard Reality of Global Expansion" (CAGE pt 2 basically)

FDI correct answers foreign direct investment
1) a firm
2) invests in operations and infrastructure and facilities
3) to take controlling action
4) in another country

international trade correct answers the exchange of products/ services across national borders,
typically through importing and exporting

international portfolio investment correct answers passive ownership of foreign securities such as
stocks and bonds for the purpose of generating financial returns

MNC correct answers multinational corporation

a firm that engages in FDI in at leanest one working affiliate (factory, branch, etc) in another
country

ghemawat 10% presumption correct answers "internationalization level" of an activity with no
particular information would be much closer to 10% than 100%...

, Pankaj Ghemawat Ch 1 "Semi Globalization and Strategy" correct answers differences between
countries are larger than generally acknowledged

"Going Beyond the Rhetoric" correct answers World is becoming more decentralized politically
and physically, customers, devices, services, processes, and businesses continue to integrate
digitally

new and old models of
-global economics
-global business
-global politics
(refer to chart)

Thomas Friedman The World Is Flat Ch 1 "While I Was Sleeping" correct answers -world
connected quickly "overnight"
-people are working together to increase efficiency, but some people get left behind
-excitement and dread of a flat world: if software engineers can operate on a flat earth so can
terrorists
-leveled playing field

globalization 1.0, 2.0, 3.0

-where does my ____ fit into global competition and opportunities?
-how can I go global and collaborate with others with my ______?

Globalization 1.0 correct answers 1492-1800s

-Columbus open trade between old and new world
-large to medium
-key agents of change: brawn, horsepower, wind power

focused on COUNTRIES

globalization 2.0 correct answers 1800s-2000s

-spearheaded by Dutch and English joint stock companies and the Industrial Revolution
-key agents of change: first steamship + railroad, then telecommunication and computer. tech
-size medium to small

focused on COMPANIES / MNCs

globalization 3.0 correct answers 2000-present (or is it)

-size small to tiny
-new power to collaborate and compete globally
-agent of change: software + fiber optic network

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