
BUS Management Exam Two Practice
Authored by Izzy Neely
Business
University
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Global Business is the...
buying and selling of goods and services
buying and selling of goods and services by people from different countries
buying and selling of goods and services by organizations from different countries
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the biggest challenges with global business is:
How can you be sure you will be profitable?
How can you be sure that running your business in one country will be the right way to run it in another?
How can you be sure that other countries will like your business?
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Multinational corporations (MNCs) are corporations that own businesses in two or more_________________.
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
______________________ ____________________ investment occurs when a company builds a new business or buys an existing business in a foreign country.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tariffs are...
a direct tax on imported goods
an indirect tax on exported goods
a direct tax on exported goods
an indirect tax on imported goods
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following are non- tariff barriers to trade?
quotas
government subsidies
competition
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
An example of a ________________ agreement is the World Trade Organization
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