TWU 13FABUS318353 INTRO TO INTERNATIONAL BUSINES- final exam

An organization that coordinates economic activity to deliver value to customers using resources outside the traditional boundaries of the organization is known as a _________ corporation.

Direct exporting is the exporting of goods and services through various types of exporters based in the home country, rather than by the firm itself.

Unionism in the United States has often been viewed as more:

People who go to a foreign country legally to perform certain types of jobs are known as:

When historical growth rates are known, future growth can be forecast by means of trend analysis.

_____________ is an indirect tax levied on passive income that the corporation would pay out to nonresidents, people, or companies in another tax jurisdiction.

Pricing is the central focus of the marketing mix.

Specific currency exchange equivalence upheld by government is called ______________.

The exchange rate between two currencies for delivery within two business day is called ______________.

When do marketers offer the same product and use the same promotional appeals in all markets?

A(n) _____ is a record of a country's transactions with the rest of the world.

When a company is under strong pressure to adapt its products or services for local markets, it uses a __________ strategy.

A(n) _________ is a form of organization characterized by lateral decision processes, lateral relationships, and a strong corporate-wide business philosophy.

_____ is currency, held by a government's central bank.

Populations in many developing countries are projected to decline in the coming years, due to factors such as low birth rates and high levels of immigration.

A cooperative effort among two or more organizations that share a common interest in a business enterprise or undertaking is known as a(n) _____.

_____________ are broad guidelines issued by upper management for the purpose of assisting lower-level managers in handling recurring problems.

__________ is a sales tax whose payment documentation from one stage to another from production through to the final buyer becomes important for tax credits.

Without a ___________, the management cannot formulate the production, financial, and procurement plans.

Even when a company has the capability of being the first-mover in a market, there are possible advantages to letting others go first.

Market screening is helpful to firms selling in the domestic market and looking at expansion in the overseas market. It is not required for firms that are already multinational companies.

____________ involves the setting of prices for goods produced in one country and sold in another.

The process of redesigning organizational structure, hierarchy, business systems, and processes in order to improve organizational efficiency is called reengineering.

Indirect exporting is _________________.

A situation in which a small loss for a subsidiary results in a greater gain for the headquarters is termed as _____.

Global strategic planning is a rigid and linear process.

Which of the following defines the purpose for a company's existence, including its business objectives, and approach for reaching those objectives?

In a BOP account, payments to other countries are tracked as debits.

__________ divides objects into groups so that the variables within each group are similar.

The vulnerable workforce:

A _____ is an arrangement by which one firm provides management in all or specific areas to another firm.

A firm producing air-conditioners will look for countries with warm climates to sell its product. This screening is known as assessing the _____.

A virtual corporation relies to a great extent on third parties to conduct its business.

The value chain refers to the set of value-creating activities that the company is involved with, ranging from sourcing of basic raw materials to the delivery of final product or service.

The top management of companies generally accepts the fact that, to be effective, strategic planning processes should permit:

he basic functions of domestic and international marketing are the same.

For the past four decades, there has been an increase in the number of union members in most of the developed countries, especially among workers in industrial sectors.

Estimation by analogy is the process of using a market factor that is successful in one market to estimate demand in a similar market.

Floating currency exchange rates are rates that are allowed to float against other currencies and are determined by market forces.

Subsidiaries and other operating units of an international company should report to the headquarters only if there is a drastic change in the economic environment.