Business Environment MCQ Questions Answers

1. If a behavior is considered ethical, this most likely suggests it is ____.

2. Press and hold the ____ key as you click a link on a webpage to open a new webpage in a new tab.

3. It is a good idea to ____ a webpage before you print it.

4. Journalists serve as __________ of information passing from foreign policy elites to the public.

5. In mexico, ________ is of central importance.

6. The council of the european union is the ________ body of the european union.

7. Investors use the foreign exchange market for ________.

8. In countries with high illiteracy rates, a(n) ________ should not be used to collect information.

9. Concentration of production is appropriate when _____.

10. A ________ culture is characterized by people standing close together and touching a great deal.

11. Changing the meaning of words by changing the inflection of your voice is an example of ________.

12. Gift exchanges are less likely to be considered a conflict of interest in a ________ culture.

13. An employee's needs are determined largely by ________.

14. A country's ability or intention to meet its financial obligations determines its ________.

15. Ethnocentrism in international business refers to the ________.

16. When interferon from one cell attaches to a second cell, _________.

17. To build four new manufacturing plants in europe is an example of a(n) ____________.

18. Country risk is considered similar to ________.

19. A guideline for responsible action by a firm in its operations worldwide is a(n) ________.

20. A ________ is the lowest extent of national integration.

21. A _____ involves complete political and economic integration, either voluntary or enforced.

22. ________ refers to socially learned traits associated with, and expected of, men or women.

23. _____ is concerned with the present measurement of past events.

24. _____ is a hidden cost to basing production in a foreign location.

25. _____ assumes that economic decisions are influenced by human behavior.

26. In ________, operations outside the home country are managed by individuals from the host country.

27. Which of the following is an example of an import quota? the united states _____ .

28. The ____ is defined as the difference between the offered price and the bid price.

29. A(n) ____ union represents complete integration of all public affairs within a region.

30. Fibcs are used for shipping _____ cargo.

31. Tariff-quotas are used extensively in the trade of ________.

32. A(n) ________ tariff is levied as a percentage of the stated price of an imported product.

33. ______ has been the worlds largest investor since world war ii.

34. Traditionally, japan's employment relationships were supported by _____.

35. The two primary means by which companies obtain external financing are ________ and ________.

36. The smallest portion of the total world trade comprises trade between ________.

37. The importance of trade for a nation can be measured by ________.

38. One of the major pillars upon which the practice of mercantilism rested was ________.

39. No proposed legislation becomes eu law unless the ________ votes it into law.

40. Nations having the poorest infrastructures and lowest personal incomes are called ________.

41. Lessard and lorange refer to company-generated forecasts of future spot rates as the _____.

42. A majority of the total world merchandise trade occurs among ________.

43. Governments confiscation of foreign assets is known as _____.

44. A person found speeding is considered to have committed a(n) ________.

45. A(n) _____ prohibits a departing employee from working for any competitors for a period of time.

46. Original forms of data, such as time cards or order forms, are known as ______ documents.

47. Closed ports respond to a(n) ____ with an rst packet.

48. A ____ is a tool that can assess the quality of the wireless signal.

49. Wi-fi networks used in homes and public hotspots use the ________.

50. Upon creation, each vnic is automatically assigned a ____.

51. A private internet that is used exclusively within an organization is called a(n) ________.

52. A culture that tolerates a high level of ambiguity in communication values _______________.

53. A ____ consists of a selection of colors and fonts for the various sections in a report or form.

54. Company debt normally takes the form of ________.

55. A business-level strategy in which a company exploits economies of scale is called a ________.

56. The strategy that beanstalk would most likely want to follow is called a ________ strategy.

57. Governments in developing countries impose fewer consumer protection laws in order to ________.

58. An offset agreement differs from a counterpurchase agreement in that an offset agreement ________.

59. The least amount of sovereignty that must be surrendered to a trading bloc occurs in a ________.

60. The centralization of production facilities is a typical policy for companies that pursue ________.

61. Companies involved in direct exporting typically rely on ________.

62. Another term for neomercantilism is ________.

63. ________ appeals to companies because it lowers the amount of taxes the companies must pay.

64. Globalization results in a greater degree of _____ across markets than would be present otherwise.

65. Advance payment is commonly used for export/import financing when ________.

66. Another name for diagnostic software tools is ____.

67. Soil erosion in haiti is caused largely by _____.

68. Guanxi, in the chinese business context, means ________.

69. A retrenchment strategy is designed to ________.

70. A ________ strategy can create cost savings due to product and marketing standardization.

71. In china, there is about a _____ percent chance that ip laws will be enforced properly.

72. The essence of a differentiation strategy is to ________.

73. The concept of guanxi, defined as ______, is important in _____ business culture.

74. Changes in _________ have been a driving force for growth in global markets for decades.

75. Budgets and capital spending are the most important _____ in subunits within multinational firms.

76. Civil servants is another name for _____________

77. With a global strategy for conducting business internationally, a company competes ________.

78. Labor force ____ are a key locational determinant as supply chains become more global in nature.

79. In order to maximize a firm's global human resources, ihr managers need to ________.

80. All of the following contribute to accelerating globalization except ________.

81. Today's futures markets are dominated by trading in _______ contracts.

82. Major corporate governance issues normally involve _____ decisions

83. Ngos include organizations such as __________.

84. An international manager can best develop an understanding of a particular culture by ________.

85. According to hofstede's findings, cultures tend to be either _______ or _______.

86. As air rises in a convection current __________.

87. The primary purpose of the troubled assets relief program (tarp) was to __________.

88. ________ is considered “the oldest institution known to the constitution.”

89. As cities continue to expand and grow, residents most likely can expect __________.

90. A temperature inversion can adversely affect air quality and is characterized by ________.

91. ______ risk occurs when a firm’s property is threatened through expropriation or confiscation.

92. Tokens of appreciation and grease money are considered ________.

93. The initial focus in facility location is on a ____.

94. An appropriate compensation and benefits package is most likely to ________.

95. A comprehensive alliance is formed when two or more firms ________.

96. In a quoted exchange rate of $1.69/british pound, the british pound is called the ________.

97. Businesses that have assets in one than more country.

98. A ______ policy to be absent from alliances and other international political and economic relations ?

99. Exercising the rights, responsibilities, and obligations that arise from being part of a_____.?

100. The increasing movement of goods, services, and capital across national borders is known as ?