GFMA2023 International Business A222 Quiz 1

Globalization refers to the shift toward a more ...................... and interdependent world economy

• sophisticated

• integrated

• lucrative

• subjective

Which of the following is not factors supporting the boom in the demand for technology?

• changes in leisure, entertainment and consumption preferences

• increase in teleworking or hybrid working environments

• US friendly policy on technology

• digitization in sectors such as education and health

With computer container technology, it is an analogous situation. Ever have the situation where a program runs perfectly great on one machine, but then turns into a clunky mess when it is moved to the next? This has the potential to occur when migrating the software from a developer’s PC to a test server, or a physical server in a company data center, to a cloud server. Issues arise when moving software due to differences between machine environments, such as the installed OS, SSL libraries, storage, security, and network topology. This statement refers to?

• Information technology

• Container technology

• System technology

• Cloud technology

Canada practice civil law and Germany practice common law.

• True

• False

Cultural sensitivity means you should do the following except:

• assume you know everything about someone's culture

• do not ever initiate the conversation

• never afraid to learn new things

• assume that your way of doing things is the right way

Remember the best work-culture makes employees feel welcomed, included, and valued in an organization. That’s the kind of an environment where employees like to work in. Which of the following did not matches the company's work culture?

• Nike - to provide enough opportunities for employees to grow and develop – physically and professionally.

• Southwest Airlines - Create a culture where employees feel valued, respected, and appreciated.

• ProofHub - encourage team members to work both hard and smart.

• Google - we take care of you as long as you innovate

In Poland, casual clothing can be considered inappropriate in public. For example, one would rarely be seen barefoot in public. People tend to dress neatly.

• True

• False

In Poland, offer to remove your shoes before entering someone else’s home is similar to most Muslim countries. It is not always necessary to do so, but it is a polite gesture to ask.

• True

• False

The following are the common types of political risk except:

• Expropriation/government interference

• Transfer and Conversion

• Currency devaluation

• Political violence

These are some of the early signs of political risk are political, economic and social instability except:

• The political situation in the country: how is the country behaving with its neighbors? You want to be prepared if there’s an escalation of tensions or a war

• The country's policy on foreign investors in term of taxation, custom duty etc.

• The economic conditions: what are the macro-economic imbalances? How stable is the economy? What is the ability of the country to honor its payment obligations or debt over the period of your project? 

• The social conditions: is youth unemployment or underemployment high (think: Arab Spring, Sudan, Algeria etc.)? Are social tensions erupting into violence? Riots can also impact trade transactions or performance of commercial contracts.