International Business BUSMHR 2000 OSU Midterm 1 Questions And Answers Latest Updates
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International Business BUSMHR 2000 OSU
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International Business BUSMHR 2000 OSU
Elena has worked at the same company for more than fifteen years. She parks in the
same spot every day and values routine and predictability. - ️️Uncertainty
Avoidance
Ben has very loose ties with his family and enjoys wearing provocative T-shirts to
express a sense of freedom and uniquenes...
International Business BUSMHR 2000
OSU Midterm 1
Elena has worked at the same company for more than fifteen years. She parks in the
same spot every day and values routine and predictability. - ✔️✔️Uncertainty
Avoidance
Ben has very loose ties with his family and enjoys wearing provocative T-shirts to
express a sense of freedom and uniqueness. He shows no interest in joining the family
business. - ✔️✔️Individualism/Collectivism
Declining trade barriers - ✔️✔️better ability to sell overseas
Declining investment barriers for producers means... - ✔️✔️better ability to produce
overseas
Enhanced communication technologies - ✔️✔️better ability to control overseas
operations
Enhanced transportation technologies - ✔️✔️lowered distance between countries
Producers Arguments for
Globalization - ✔️✔️more markets to sell in
Producers Arguments against
Globalization - ✔️✔️can go bankrupt due to competition
Environment Arguments for
Globalization - ✔️✔️Hardly any
Environment Arguments against
Globalization - ✔️✔️Lack of adequate regulations
Consumers Arguments for
Globalization - ✔️✔️More products to choose from
Consumers Arguments against
Globalization - ✔️✔️Don't know how products are produced
Workers Arguments for
, Globalization - ✔️✔️Development of better skills
Workers Arguments against
Globalization - ✔️✔️Loss of jobs due to competition
Political Systems- USA - ✔️✔️Representative Democracy
Political Systems- France - ✔️✔️Democratic Socialism
Political Systems-Zimbabwe - ✔️✔️Tribal Totalitarianism
Political Systems- Italy in the 1930s - ✔️✔️Right-Wing Totalitarianism
Political Systems-China - ✔️✔️Communist Totalitarianism
Political Systems-Saudi Arabia - ✔️✔️Theocratic Totalitarianism
Economic Systems-Largely determined by supply and demand - ✔️✔️Market based
Economic Systems-Dominated by large monopolistic firms - ✔️✔️Command
Economic Systems-Government uses incentives/subsidies to get firms to do what it
wants - ✔️✔️State directed
Economic Systems-Free market with government social welfare programs - ✔️✔️Mixed
GNP - ✔️✔️Market value of goods and services produced by domestic factors of
production home or abroad
GDP - ✔️✔️Value of production that occurs within a country's borders
GNI - ✔️✔️GDP+GNP
Ming is from a powerful family, and because of this, she will be in an authoritative
position in the workplace - ✔️✔️Power Distance
Jiro is extremely driven and assertive. His goal is to become the most powerful man in
the company. - ✔️✔️Masculinity/Femininity
Bill works very hard in his job, and expects to see the reward of his labor quickly. -
✔️✔️Time orientation
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