ICA QUIZ

What is a Multinational Enterprise (MNE)?

• A) A legal category for international businesses

• B) A term for privately-owned companies

• C) A lead company with ownership and ties in organizations outside its home country

• D) A type of holding company

According to the OECD principles of corporate governance, what should the corporate governance framework promote?

• A) Exploitative attitudes towards the workforce

• B) Efficient markets

• C) Opaque and unfair markets

• D) Transparent and fair markets

In the context of corporate governance, what does the 'comply or explain' approach mean?

• A) Companies must strictly adhere to all guidelines without exceptions

• B) Companies can choose whether to comply with guidelines or provide reasons for not doing so

• C) Companies must explain their financial situation in detail

• D) Companies must comply with guidelines and explain their financial performance

What term describes the practice of a company buying back its own shares from existing shareholders, thereby reducing the company's share capital and consolidating ownership?

• A. Insourcing

• B. Crowdsourcing

• C. Share Buyback

• D. Offshoring

Which functional area is responsible for seeking new knowledge and applications that can lead to new and improved products or processes within a company?

• A. Logistics and Supply Chain Management

• B. Human Resource Management (HRM)

• C. Research and Development (R&D)

• D. Marketing

What are the three sets of advantages in Dunning's eclectic paradigm (OLI paradigm) for Foreign Direct Investment (FDI)?

• Operational, Local, Industrial

• Ownership, Location, Internalization

• Organizational, Legal, Intellectual

• Opportunity, Leadership, Innovation

Which country is the largest recipient of inward FDI according to the provided information?

• United States

• India

• China

• Brazil

What are the main dimensions of the global environment discussed in the context of globalization?

• Economic, Political, Legal, Ecological

• Cultural, Technological, Financial, Social

• Economic, Political, Legal, Financial, Cultural, Technological, Ecological

• Economic, Political, Social, Environmental

According to the provided information, what is a characteristic of globalization in the economic dimension?

• Isolation of markets

• Limited technological innovation

• Disconnection of financial markets

• Integration through global supply chains

Which term is used to describe the process of transforming an economy from mainly agricultural production to one based on factory production and export?

• Industrialization

• Globalization

• Localization

• Urbanization