What is the 1 bad effect of social globalization

You get a strong bond with other cultures

What is a good effect of environmental globalization

Management uncontaminates the water

The growth in global communication has

Brought information to more people from the same sources

Been limited to international phone calls

Meant people now rely on different sources for the news

Decreased the need for the internet

Which of the following is not a reason to study international business?

A company operating internationally may engage in modes of business that differ from those it is accustomed to domestically.

A. International business comprises a large and growing portion of the world's total business.

All business taking place outside your home country is international.

The conditions within foreign countries affect the best way to conduct business there.

A difficulty in comparing the globalization of business over time is that ________.

countries differ in their extent of globalization

companies adopt different operating forms

shifting borders obsolesce figures on what is international

many private companies were once government owned

Which of the following has been a major force behind recent globalization?

The slower rise of prices in general than prices of transportation and communications

Greater prohibitions on the placement of capital in countries with secretive bank-holding laws

Institutional development of services that aid foreign trade and investment.

Economic interchange and interdependence is

A phenomenon that affects individuals in everyday life.

A decreasing trend in world politics.

A barrier for cultural amalgamation.

All of the following are examples of the benefits of globalization EXCEPT

There is now a global culture with urbanization and resemblance

A rapid economic transformation made the world more interdependent

Globalization is the latest stage of Western Imperialism

The world is becoming more homogenous, a cosmopolitan culture is developing in which people think globally

Transnationalism results from all of the following except

Increased economic interdependence.

Increased global communication.

What three factors change when globalization takes place?

Economic markets, trade barriers, communication

Economic markets, commodities, infrastructure

Market type, equilibrium, scarcity

Market power, product trade, consumption

Why does globalization have a positive impact on the global economy?

It allows increased innovation by the exchange of ideas and an integration of world markets.

It allows for a much broader impact of protectionist trade policies, and allows mercantilism to fully develop.

It has increased the prices of nearly all commodities and has thus allowed businesses to prosper.

It has caused the strengthening of the nation state and allowed large states to regulate trade unilaterally.

What is one reason why some people think that globalization is good?

Because it helps stop fighting between countries

Because it helps rich people get richer

Because it helps big companies destroy local businesses

Because it damages local cultures

Why is globalization not good for factory workers and people in the service industry?

Because workers from poorer countries will do the same work for less salary

Because workers from poorer countries do a better job

Because many factories are closing

Because the number of service industry jobs is decreasing

Why do some experts argue that the globalization will lead to a rise in nationalism?

People will resent their reliance on the nation-state.

People will fear losing their familiar cultures.

People will want to unite with all others in the world.

Globalization is the process of:

the growing interdependence among countries

China and India's plan for world domination

taking jobs in one country and placing in them in another country

Critics of globalization claim:

The resultant growth hurts the environment

Some people lose, both relatively and absolutely

Globalization refers to:

A more integrated and interdependent world

Less foreign trade and investment

Which of the following do NOT facilitate globalization?

Removal of controls on movement of capital across borders

Barriers to trade and investment

Which of the following is a driver of globalization?

Trade barriers and controls on inflows of foreign direct investment.

Economies of scale are being exploited to the maximum.

Globalization is beneficial for firms because:

It opens up new market opportunities.

It protects them against foreign competition.

It cushions them from the effects of events in other countries.

It increases the risk and uncertainty of operating in a globalizing world economy.

The internet facilitates globalization by:

Cutting the cost for firms of communicating across borders.

Making it more difficult to contact potential customers abroad.

Making it harder to send money from one country to another.

Making it easier for governments to censor the information received by their citizens from abroad.

Globalization can create problems for business because:

All of the options given are correct.

It can result in more competition.

It reduces vulnerability to political risk and uncertainty when operating abroad.

It means that they can increase prices.

The creation of Modern globalized world is due to_____

Movement of goods, people and information around the globe by air, land and sea

Large companies operating in different countries

Fast communication via mobile and internet

. Globalization has positive effects on a country

Improving standards of education and health

Getting variety of quality manufactured items

Find more markets for its goods in overseas

MID TERM EXAMINATION CONTEMPORARY WORLD

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75 Qs

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MID TERM EXAMINATION CONTEMPORARY WORLD

Quiz

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Social Studies

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University

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Practice Problem

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Medium

Arnel Lantita

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75 questions

Show all answers

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is Globalization?

The process of someone trying to take over the world

The process by which people their ideas and their activities in different parts of the world become interconnected

When we all do they same thing

Never heard of it

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Globalization does it help connect the world

True

False

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples of Globalization are

Internet

Selling local products in the global market

Attending lectures by a British professor teaching in an American University

All of the above

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a key thing to have in Globalization

Power

Food

Transportation

Sponsorship

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Communications slowed down transportation of goods

False

True

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a transnational company

Moving across the world

Large global firms that operate in a number of countries

Getting a job from a company that in a different country than you are in

Selling goods to countries

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which Company is a transnational company

Whole Foods

Aflac

Cummins

Microsoft

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MID TERM EXAMINATION CONTEMPORARY WORLD

75 questions

What is Globalization?

Globalization does it help connect the world

Examples of Globalization are

What was a key thing to have in Globalization

Communications slowed down transportation of goods

What is a transnational company

Which Company is a transnational company

Is globalization always good

What is 1 of the impacts of globalization

What is the 1 bad effect of social globalization

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