QUESTION Which of the following is true of a transnational strategy? A. It is easy to implement because it does not place any conflicting demands on a company. B. It is used when the pressures for cost reductions are low. C. It is usually used when the pressure for local responsiveness is relatively low. D. […]
QUESTION Throughout the 1990s, the amount of investment directed at both developed and developing nations increased dramatically Indicate whether the statement is true or false. ANSWER TRUE Throughout the 1990s, the amount of investment directed at both developed and developing nations increased dramatically, a trend that reflects the increasing internationalization of business corporations.
QUESTION Which of the following refers to a cooperative agreement between potential or actual competitors? A. Tactical union B. Strategic alliance C. Political affiliation D. Economic association E. Nationalization ANSWER B
QUESTION Which of the following statements is most likely to be true about the economic prospects of a country? A. The economic system and property rights regime are reasonably good predictors of economic prospects of a country. B. Countries with command economies tend to achieve greater economic growth rates than free market economies. C. Countries […]
QUESTION The cost of doing business is most likely to be the lowest in: A. closed totalitarian states. B. primitive or undeveloped economies. C. open democratic societies. D. countries where local laws and regulations set strict standards with regard to product safety, safety in the workplace, and environmental pollution. E. countries that lack well-established laws […]
QUESTION Both China and India have achieved high growth rates despite relatively weak property rights regimes and high levels of corruption, because of: A. the shift toward a communist ideology. B. their high living standards. C. their large population. D. their high consumer purchasing power. E. the shift toward a market-based economic system. ANSWER […]