BMAL 604 Fall 2015 Quiz 1 (Latest 2015)

GDP is the official measure of total output of goods and services in a nation’s economy.

Question 2 5 out of 5 points

Vertical integration, horizontal integration and diversified integration are the three categories of MNCs.

Question 3 5 out of 5 points

Foreign exchange rates are a market factors that is a key difference between domestic and global operations.

Question 4 5 out of 5 points

Question 4 KSA are usually outlined in a job requisition.

Question 5 5 out of 5 points

According to the text, outsourcing is a driving force of globalization.

Question 6 5 out of 5 points

The Transatlantic Railroad brought about the first efficient forms of mass transportation using machine power.

Question 7 5 out of 5 points

Translation technologies are used by the global business professional and transfer of message and information.

Question 8 5 out of 5 points

The growth of modern globalization began towards the end of the twentieth century, mainly among the nations that are today developed or developing.

Question 9 5 out of 5 points

Financial risks can be classified three ways: transfer, operational, or ownership control risks.

Question 10 5 out of 5 points

Trading in currency swaps is an attractive option for firms looking to diversify their investment portfolios, creating opportunities for firms looking to enter emerging markets.

Question 11 5 out of 5 points

Geocentricism, as the opposite of ethnocentrism, promotes openness towards other cultures, opinions, and ways of life.

Question 12 5 out of 5 points

Muhammad’s disciples have said that sometime during the seventh century AD, the Angel Michael dictated the contents to him, infallible and without error.

Question 13 5 out of 5 points

Congress uses the Securities and Exchange Commission (SEC) to bring a halt to the bribery of foreign officials and to restore public confidence in the integrity of the U.S. business system.

Question 14 5 out of 5 points

Three branches of Judaism are the Orthodox or traditionalists, Conservatives, and the Reform or liberal wing.

Question 15 5 out of 5 points

Major communication variables include different meaning of words across languages, verbal communication, dialects, and context (high and low).

Question 16 5 out of 5 points

In Confucianism, the perfection of goodness can be found in sages and saints.

Question 17 5 out of 5 points

The dimensions of culture may be categorized as Communication, Religion, Ethics, Values and Attitudes, Manners, Customs, Social Structures and Organizations, and Education.

Question 18 5 out of 5 points

Australian, Japanese, Canadian, German, and British business people also see punctuality as respectable.

Question 19 5 out of 5 points

Language affects communication by providing the ability to encode our thoughts and purposes clearly, and the ability to formulate those thoughts and purposes.

Question 20 5 out of 5 points

A high-context refers to societies or groups where people have close connection over a long period of time.