TWU 13FABUS318353 INTRO TO INTERNATIONAL BUSINES- quiz 3

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

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

Specific currency exchange equivalence upheld by government is called ______________.

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

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

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

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

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

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.

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.

The vulnerable workforce:

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

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

Global strategic planning is a rigid and linear process.

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.

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

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

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

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

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