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MNB3701 ASSIGNMENT 3 MCQ 2023 SOLUTIONS

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MNB3701 ASSIGNMENT 3 MCQ 2023

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  • April 16, 2023
  • 24
  • 2022/2023
  • Other
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3  reviews

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By: pandatabi11 • 7 months ago

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By: SunelStoltz • 1 year ago

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By: passmatetutorials • 1 year ago

thanks for the review, hopefully you managed to get a distinction, anything you need help with feel free to contact us any time

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By: keitu95 • 1 year ago

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By: passmatetutorials • 1 year ago

thanks for the review, hope the framework guides you towards distinction, as we assure you so with 100% guarantee

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By: passmatetutorials • 1 year ago

thanks for the review, hopefully you managed to get a distinction, anything you need help with feel free to contact us any time

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DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE REPORT IS
NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH THEORY OF
INTERNATIONAL BUSINESS. THIS REPORT IS INTENDED TO ASSIST
STUDENTS IN GETTING STARTED WITH THEIR ASSIGNMENT, AND IN NO CASE
THIS DOCUMENT SHOULD BE USED FOR CHEATING. WE BELIEVE THIS WILL
BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT
WAS PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY
EXISTING THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE
AUTHORS HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE
MODIFICATION OF THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY
NOT BE PROHIBITED AS IT CONTRIBUTES TO EXPANSION OF KNOWLEDGE.
FOR ANY FURTHER GUIDELINE ABOUT THE INFORMATION CONTAINED HERE
AND THE MODULE IN GENERAL, CONTACT PASSMATE TUTORIALS.



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If country A, can produce both cheese and chocolate, the country must determine how
much labour goes into producing each good. If it takes one of labour to produce 10
units of cheese and one of labour to produce 20 units of chocolate. Then this country
has………………….


a.
An absolute advantage in producing cheese

b.
An absolute advantage in producing chocolate

c.
A comparative advantage in producing cheese

d. A comparative advantage in producing chocolate


Question text

Due to low labour costs and Chinese manufacturers' capabilities and competences in
manufacturing processes, Apple, an American firm, has chosen to relocate its non-core
operations, such as manufacturing, to China. This is referred to as…………..




a.
Reshoring

b.
Nearshoring

c. Offshore outsourcing

d.
Business process outsourcing


Question text

Protectionism is when policies are designed to act as ……………………

, PASSMATETUTORIALS passmatetutorials@gmail.com



a. barriers to international trade

b.
promoting local production

c.
discouraging exports

d.
promoting imports


Question text


A multinational enterprise is defined as an enterprise that ……………………




a.
Has sales in more than one country

b. Has subsidiaries in more than one country

c.
Has employees from more than one country

d.
Is buying components in more than one country


Question text


Assets specificity refers to investments that are ……………………




a. Specific to a business relationship

b.
Specific to a business function

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