D270 Midterm - Tatiana Kolovu exam with correct answers 2024
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Course
D270 MidteKolo
Institution
D270 MidteKolo
International Business correct answers Any commercial transactions between 2 or more countries
Globalization correct answers the widening and deepening of interdependent relationships among people from different nations
Enables us to get more variety, better quality, or lower prices
Appl...
International Business correct answers Any commercial transactions between 2 or
more countries
Globalization correct answers the widening and deepening of interdependent
relationships among people from different nations
Enables us to get more variety, better quality, or lower prices
Apple highlights in video correct answers explains the apple ban in China to
government regulators, this lowered the economy of Apple
How are IB & globalization connected? correct answers The global connections result
from international business, which are all commercial transactions that take place
among countries
3 Driving Forces of IB & Globalization correct answers growing sporadically, less
pervasive than generally thought, and has economic and noneconomic dimensions
Why do firms go International? correct answers Increase Sales, Expand Resources,
and Reduce Risk
What are good examples of off-shoring correct answers o Chance to lower costs
o Chance to sell more Home goods in the Host Country
o Growth in the Host country creates more jobs at Home
o Moving simple production abroad boosts productivity at Home
o Job abroad helps the Host Country buy more from Home
What are bad examples of off-shoring? correct answers o Lower costs do not lead to
lower prices
o Jobs are lost at Home
o Low wage pressures on remaining Home jobs
o Exploits Host Country labor
o Loss of control over suppliers
o Risk of losing technology due to lax IP protection
What are the different modes of IB? correct answers · Exports/Imports (Merchandise)
· Services
(Tourism & Transportation)
· Investments
(Foreign Direct Investment + Controlling Interest)
· Portfolio Investment
, (Non-controlling)
What's the difference between domestic & international business? correct answers
Decision-making in IB is much more complex
Complexity increases
What are the types of IB organizations? correct answers · Home Country vs. Host
Country
· International Forms:
o MNE
o MNC
o TNC
· Company vs. Country competitiveness
· Country Types
What are the different country types? correct answers · Developed Countries
o United States
o Germany
o Japan
o Australia
o Sweden
· Developing Countries:
o Brazil
o India
o South Africa
o Mexico
o Indonesia
· Less Developed Countries
o Haiti
o Afghanistan
o Mozambique
o Nepal
o Yemen
· Emerging Economies
o China
o India
o Brazil
o Russia
o South Africa
· BRICs
o Brazil
o Russia
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