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BBB4M - Exam Multiple Choice Questions and Answers
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BBB4M - Exam Multiple Choice Questions and Answers
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BBB4M - Exam Multiple ChoiceQuestions and Answers
Which term best describes: the reliance of two or more nations for products or services?
- Answer-Interdependence
In 2014 fiat completed the acquisition of fully equity ownership of Chrysley group LLC.
What is the relationship between these two? - Answer-Chrysley is a subsidiary of Fiat
Findhorn Eco Village in Scotland and Auroville in India are modern day examples of: -
Answer-Communes
An association of merchants who are organized within a town to control the flow of
goods/services are called: - Answer-Guilds
When exports > imports, the country has a: - Answer-Trade surplus
What is the purpose of protectionism? - Answer-To protect domestic industries
What is productivity? - Answer-Ratio between total economic output and labour hours
A country will have __ advantage when it can produce a good at a lower opportunity
cost - Answer-Comparative
What is rationalization? - Answer-A strategy to increase company effectiveness through
cost cutting measures
The ability to adapt, relate, and work effectively across various cultures - Answer-
Cultural intelligence
Understranding and applying business and cultural norms to business meetings -
Answer-Business etiquette
Characteristics of polychronic culture - Answer-Results over schedule, flexible time,
multitasking, people oriented
What is spatial perception? - Answer-Individual comfort levels with personal space and
contact
Does Toys R Us still exist in Canada? - Answer-No
_% of the Canadian population lives within 160km of the US border - Answer-90
As of July 2018, the Canadian population is - Answer-35.882 million
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