WorksheetsTUTORIAL 12
Total questions: 20
Worksheet time: 10mins
Olympic sponsorship is best suited for companies that are ________.
pursuing a niche market
selling technological goods
pursuing a worldwide market
marketing athletic equipment
________ consist(s) of business transactions between parties from more than one country.
Currency exports
International business
Domestic business
Global ventures
Which of the following is not an international business transaction?
purchasing products in one country and assembling them in another
building a plant in a foreign country to capitalize on lower labor costs
borrowing money from a major bank to finance capital improvements
shipping finished products from one country to another for retail sale
The Internet has helped small businesses compete in global markets because it ________.
allows them to establish a physical presence in each country
avoids transactions involving foreign exchange
eliminates price controls
reduces entry costs
A manager who has cultural literacy can most likely ________.
speak and read in more than one language
recognize the similarities and differences of cultures
develop accurate cultural assessments of foreign colleagues
function as an expatriate manager in multiple foreign locations
Individuals should most likely study international business to ________.
comply with graduate school certification requirements
ensure that an employer has a global online presence
remain current on the latest business methods
obtain bilingual business experience
Which of the following has most likely triggered the increase of small businesses involved in international business?
e-commerce
economic recession
foreign-made materials
increased cultural literacy
Just-in-time systems were created in ________.
the United States
Japan
Germany
China
Black and Decker produces tools at a plant in North Carolina and ships the tools to retailers in England. This is an example of which type of international business activity?
merchandising
importing
exporting
trading
________ is the buying of products made in other countries for use or resale in one's own country.
Exporting
importing
Merchandising
Transporting
Sam's Club purchases kalamata olives from Greece for sale in its stores. Which international business activity does this represent?
Exporting
importing
Merchandising
franchising
Boeing, an American firm, sells commercial aircraft to Lufthansa in Germany. This is an example of ________.
Exporting
importing
Merchandising
franchising
The international business activity called ________ occurs when capital is supplied by residents of one country to residents of another country.
international investment
global direct investment
portfolio financing
state capitalism
________ are investments made for the purpose of actively controlling property, assets, or companies located in host countries.
Licensing investments
Portfolio investments
Foreign direct investments
Indirect global investments
Which term refers to the location of a parent company's headquarters?
host country
home country
third country
local country
If a company is headquartered in Taiwan, then Taiwan is the company's ________.
host country
home country
dominant country
competitive country
Ford Motor Company is based in Detroit, Michigan. It also has offices in Germany, England, and China. Which of the following is Ford's home country?
Germany
England
China
United States
The ________ is where a company operates but is not headquartered.
host country
home country
parental country
third party country
The ________ is where a company operates but is not headquartered.
home
host
parent
subsidiary
Trade between nations can be traced back as far as ________.
2000 BC
500 BC
1200
1600
