BUSN 427 Week 8 Final Exam

BUSN 427 Week 8 Final Exam

BUSN 427 Week 8 Final Exam

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1. Question :(TCO 1) What organization was protested in Seattle in 1999?Student Answer:Boeing CorporationStarbucksWorld Trade OrganizationAPEC (Asia Pacific Economic Corporation)Comments:2.Question :(TCO 2) According to Francis Fukuyama, the collapse of communism in eastern Europe was followed by which of the following?Student Answer:The new world orderThe end of historyThe universalization of Western democracyNone of the aboveAll of the aboveComments:3.Question :(TCO 3) Which language is most widely spoken throughout the world?Student Answer:ChineseHindiEnglishSpanishNone of the aboveComments:4.Question :(TCO 3) Which theory deals with competitive advantage for countries?Student Answer:Herckscher-OhlinAdam Smith’s Wealth of NationsProduct Life-Cycle TheoryThe Leontief ParadoxNone of the aboveComments:5.Question :(TCO 4) In the last 30 years, the world economy has seenStudent Answer:a marked increase in both the flow and stock of FDI.a slowing of FDI overall.FDI grow but more slowly than world trade.a shift away from free-market economies.Comments:6.Question :(TCO 5) Chile is included in which of the following regional integrations organizations?Student Answer:MERCCOSURAndean CommunityNAFTAAPECNone of the aboveComments:7.Question :(TCO 6) When a firm engages in hedging it isStudent Answer:ensuring against a risk in the foreign exchange.violating a law on foreign speculations.in danger of violating the Foreign Corrupt Practices Act.investing in a hedge fund to maximize its return to shareholders.1.Question :(TCO 8) What are the three staffing policies available to a multinational corporation?2.Question :(TCO 8) In distribution strategy, what are the four main differences between countries?3.Question :(TCO 3) India’s caste system has been around for many years. Explain why its influence has diminished among educated urban middle class...

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