D270 Midterm 40 Revision Questions With Complete And Correct Answers
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Course
D270
Institution
D270
Theocratic Totalitarianism - ️️a political system in which political power is monopolized by a party, group, or individual that governs according to religious principles
Constitutional Law - ️️guarantees open and just political order
Criminal Law - ️️protects social order
Civil and C...
D270 Midterm 40 Revision Questions
With Complete And Correct Answers
Apple, a U.S. based company, decides to manufacture
their iPad in Vietnam in a factory they own and then ship
the products back to the U.S. to sell in America and
Canada. This is an example of:
a. Offshoring
b. Reshoring
c. Onshoring
d. Outsourcing
e. Offsourcing - ✔ ✔ a. Offshoring
There has been a significant change in many political
systems since the end of WWII. This can be described as
______.
a. An increase in theocratic revolutions, as people around
the world looked to spirituality to guide them.
,b. A rise in totalitarian revolutions as people wanted
more powerful and controlling government leadership in
uncertain times.
c. An increase in Socialistic revolutions as countries
wanted more social justice.
d. A decrease in democratic transformations as countries
around the world moved away from totalitarian systems
e. A Increase in democratic transformations as countries
around the world moved away from totalitarian systems
- ✔ ✔ e. A Increase in democratic transformations as
countries around the world moved away from
totalitarian systems
. L'Oreal Corporation in the U.S.A. sells their products to
a company in South Africa. That company in South Africa
then travels around the country and sells L'Oreal
products to retail stores in South Africa. Those retail
stores then sell the products to the people. What mode
(or method) of IB is L'Oreal using to sell their products in
South Africa?
a. Joint Venture
b. Distributor
, c. Direct Foreign Investment
d. Licensing
e. Indirect Export - ✔ ✔ b. Distributor
There are 3 key ways that the external environment
affects International Business. What are they?
a. Political factors, Institutional factors, the
environmental factors
b. Political factors, employees, the competitive
environment
c. Physical factors, political factors, the environmental
factors
d. Physical factors, institutional factors, the competitive
environment - ✔ ✔ d. Physical factors, institutional
factors, the competitive environment
All of the statements below are major factors in the
increase of globalization in the last 30 years, EXCEPT
a. All of the other answers have been major factors in
increasing globalization in the last 30 years
b. Decreasing prices of natural resources
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