International Business BUSMHR 2000 OSU Midterm 1 Questions And Answers Latest Updates
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Course
International Business BUSMHR 2000 OSU
Institution
International Business BUSMHR 2000 OSU
Elena has worked at the same company for more than fifteen years. She parks in the
same spot every day and values routine and predictability. - ️️Uncertainty
Avoidance
Ben has very loose ties with his family and enjoys wearing provocative T-shirts to
express a sense of freedom and uniquenes...
International Business BUSMHR 2000
OSU Midterm 1
Elena has worked at the same company for more than fifteen years. She parks in the
same spot every day and values routine and predictability. - ✔️✔️Uncertainty
Avoidance
Ben has very loose ties with his family and enjoys wearing provocative T-shirts to
express a sense of freedom and uniqueness. He shows no interest in joining the family
business. - ✔️✔️Individualism/Collectivism
Declining trade barriers - ✔️✔️better ability to sell overseas
Declining investment barriers for producers means... - ✔️✔️better ability to produce
overseas
Enhanced communication technologies - ✔️✔️better ability to control overseas
operations
Enhanced transportation technologies - ✔️✔️lowered distance between countries
Producers Arguments for
Globalization - ✔️✔️more markets to sell in
Producers Arguments against
Globalization - ✔️✔️can go bankrupt due to competition
Environment Arguments for
Globalization - ✔️✔️Hardly any
Environment Arguments against
Globalization - ✔️✔️Lack of adequate regulations
Consumers Arguments for
Globalization - ✔️✔️More products to choose from
Consumers Arguments against
Globalization - ✔️✔️Don't know how products are produced
Workers Arguments for
, Globalization - ✔️✔️Development of better skills
Workers Arguments against
Globalization - ✔️✔️Loss of jobs due to competition
Political Systems- USA - ✔️✔️Representative Democracy
Political Systems- France - ✔️✔️Democratic Socialism
Political Systems-Zimbabwe - ✔️✔️Tribal Totalitarianism
Political Systems- Italy in the 1930s - ✔️✔️Right-Wing Totalitarianism
Political Systems-China - ✔️✔️Communist Totalitarianism
Political Systems-Saudi Arabia - ✔️✔️Theocratic Totalitarianism
Economic Systems-Largely determined by supply and demand - ✔️✔️Market based
Economic Systems-Dominated by large monopolistic firms - ✔️✔️Command
Economic Systems-Government uses incentives/subsidies to get firms to do what it
wants - ✔️✔️State directed
Economic Systems-Free market with government social welfare programs - ✔️✔️Mixed
GNP - ✔️✔️Market value of goods and services produced by domestic factors of
production home or abroad
GDP - ✔️✔️Value of production that occurs within a country's borders
GNI - ✔️✔️GDP+GNP
Ming is from a powerful family, and because of this, she will be in an authoritative
position in the workplace - ✔️✔️Power Distance
Jiro is extremely driven and assertive. His goal is to become the most powerful man in
the company. - ✔️✔️Masculinity/Femininity
Bill works very hard in his job, and expects to see the reward of his labor quickly. -
✔️✔️Time orientation
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