Test Bank For International Management Managing Across Borders and Cultures, Text and Cases, 10th edition Helen Deresky, Stewart R. Miller Chapter 1-11 Chapter 1
Assessing the Environment: Political, Economic, Legal, Technological
1) Which of the following is characterized by networks of international linkages comprising economic, financial, political and social markets that bind countries, institutions, and people in an interdependent economy? A) communism B) nationalization C) socialism D) globalization Answer: D Difficulty: 1: Easy Chapter: 1 Skill: Concept LO: 1-1: To understand the global business environment and how it affects the strategic and operational decisions which managers must make AACSB: Application of knowledge 2) The pace of globalization has slowed and, in most instances, declined in part because of ________. A) protectionism B) fluctuating exchange rates C) free trade agreements D) cultural differences Answer: A Difficulty: 1: Easy Chapter: 1 Skill: Concept LO: 1-1: To understand the global business environment and how it affects the strategic and operational decisions which managers must make AACSB: Application of knowledge 3) ________ results from the lessening of trade barriers and the increased flow of goods and services, capital, labor, and technology around the world. A) Economic integration B) Nationalization C) Protectionism D) Mercantilism Answer: A Difficulty: 1: Easy Chapter: 1 Skill: Concept 1 Copyright © 2021 Pearson Education, Inc.