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Abdul Alskate

In: Other Topics

Submitted By alskate
Words 1994
Pages 8
Chapter 1

1. What is the name of the superstore which exists in South Africa and other countries and is considered to be the next Wal-Mart?

a. South-Mart

b. African-Store

c. World-Mart

d. Shoprite

Answer: D

Factual, International Business, p. 5

2. Companies are no longer limited by their domestic boundaries and may conduct any business activity anywhere in the world; these companies are more likely to compete anywhere because of

a. Technology

b. Globalization

c. Free trade system

d. Business strategy

Answer: B

Conceptual, International Business, p. 6

3. Multinational companies or MNCs are

a. Small companies that have some form of international business

b. Large companies that have some form of international business

c. All companies that have some form of international business

d. None of the above

Answer: C

Conceptual, International Business, p. 6

4. The study of international business helps prepare you

a. To deal with the evolving economy

b. To develop the necessary skills to succeed in business

c. To make a business survive

d. (a) and (b)

Answer: D

Conceptual, Nature of International Business, p. 7

5. Which of the following three statements about multinationals is NOT true?

a. The largest multinationals are often privately owned

b. The smallest multinationals are often privately owned

c. The largest multinationals are often public corporations

d. All of the above are true

Answer: A

Conceptual, Nature of International Business, p. 7

6. Developed economies have

a. Mature economies with substantial per capita GDPs and international trade and investments

b. A trend to expand beyond…...

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