Global Business FVC1

What is an advantage of using intermediaries in an indirect distribution channel? A. It displays a sense of ownership of the products B. It reduces up-front costs with the use of an existing channel C. It controls the marketing efforts D. It maintains the company's interests at the forefront correct answer: B Which negative outcome on political systems comes from globalization? A. Increase in the amount of taxes B. Increase in the number of laws C. Creation of translation problems D...

Creation of isolationist policies correct answer: Which negative outcome on political systems comes from globalization? Reduced trade barriers correct answer: Which factor results in a higher rate of globalization? Loss of manufacturing jobs correct answer: What is a major drawback to the home country when companies outsource manufacturing jobs to countries with lower worker wages? Anarchy correct answer: In which political system do individuals control all political activity, which...

What are the characteristics of globalization? correct answer: Communication, transportation, transnational businesses, free trade agreements, consumer culture, labor force. How do major international institutions facilitate globalization? correct answer: International monetary funds: provides financial stability. World bank: reconstruction and restructuring economies as an opportunity to reach global solutions to national challenges. World trade organization: focuses on lowering/re...

A farmers market has many vendors and consumers who all sell and buy the same produce at the same price. Which type of market is represented? A. Monopoly B. Monopolistic competition C. Pure competition D. Oligopoly correct answer: C A sole, national telephone company was found violating antitrust laws and was forced to separate into regional companies. What caused the violation of the antitrust laws? A. Technological innovation B. Increased profits C. Service disruptions D. Reduced...

Globalization encompasses the socio-economic reform process of eliminating trade, investment, cultural, information technology, and political barriers across countries, which could lead to increased economic growth and geo-political integration and interdependence among nations of the world. a. True b. False - Ch. 1 - True Globalization has always been and always will remain another word for "Westernization." a. True b. False - Ch. 1 - False Today, reconstruction and restructuring econ...

Globalization encompasses the socio-economic reform process of eliminating trade, investment, cultural, information technology, and political barriers across countries, which could lead to increased economic growth and geo-political integration and interdependence among nations of the world. a. True b. False - Ch. 1 - True Globalization has always been and always will remain another word for "Westernization." a. True b. False - Ch. 1 - False Today, reconstruction and restructuring econ...