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Multiple Choice 16. Global market channels involve a firm producing

Question : Multiple Choice 16. Global market channels involve a firm producing : 1800958

Multiple Choice

16. Global market channels involve a firm producing goods in:

A. Their home country and exporting them to other countries.

B. Their home country to sell at home.

C. A foreign country to sell at home.

D. A foreign country to sell abroad.

17. A firm that has global operations has:

A. All of their manufacturing and service operations abroad.

B. Some or all of their manufacturing or service operations abroad.

C. Manufacturing but not service operations abroad.

D. Service but not manufacturing operations abroad.

18. A firm that would like to develop a global supply chain would:

A. Manufacture components or supplies in other countries.

B. Sell raw materials, components or supplies produced at home abroad.

C. Purchase raw materials, components, or supplies from sellers in other countries.

D. Check products that were manufactured abroad for defects in their home country.

19. The three strategies of globalization can be summarized using what three words?

A.Channels, operations, and chains.

B.Export, locate, and purchase.

C.Sell, make, and buy.

D.Ethics, import, and sell.

20. According to the United Nations, how many transnational corporations operate in the global economy?

A. 49,000.

B. 104,000.

C. 290,000.

D. 900,000.

21. In 2010, the leading nonfinancial transnational corporation, with foreign assets totaling over $551 million was:

A. General Electric.

B. Vodafone.

C. General Motors.

D. BP.

22. The acceleration of globalization has been driven by:

A. Technological innovation.

B. Transportation systems.

C. Social and political reforms.

D. All of the above.

23. Technological innovation has aided the spread of globalization by:

A. Building advanced technologies that can be sold in the global marketplace.

B. Building advanced technologies that can be bought in the global marketplace.

C. Leveling the playing field and allowing all to participate on an equal footing in global commerce.

D. All of the above.

24. Which transportation system improvement has aided the acceleration of globalization?

A. Airfreight.

B. High-speed rail.

C. New oceangoing vessels.

D. All of the above.

25. Which is an example of a social and political reform that has led to the acceleration of globalization?

A. Economic sanctions against North Korea.

B. Efforts to deter drug trafficking from Colombia.

C. The collapse of former communist states of central and eastern Europe.

D. The European Union’s penalties against Microsoft for unfair competition.

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