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Category > Business & Finance Posted 08 Aug 2023 My Price 5.00

Business 302 Foundations of Leadership Chapter 11 Quiz 13 Benefits & Costs of the Globalization of Business - Quiz & Worksheet

1. How does globalization reduce work and environmental standards?

  1. The rising number of multinational companies reduces competition.
  2. Workers provide lower quality work for companies overseas.
  3. Workers don't understand procedures.
  4. Intensive competition makes countries lower wages and standards.

2. A highly indebted American company is seeking assistance on how to expand its portfolio in Argentina. It is having severe difficulties with paying the right amount of federal income tax and has on several occasions underestimated the risk of the decreasing value of Argentinian currency. Which of the following is an area in which the International Monetary Fund may assist them?

  1. Helping the company understand the Argentinian currency.
  2. Helping the company to comply with all American regulation.
  3. Helping the company by providing a suggestion on where to invest in Argentina.
  4. Helping the company to understand American tax law.

3. Which of the following is NOT a cost of globalization?

  1. Hurting national culture.
  2. Reducing environmental standards.
  3. Hurting diversity through promotion of a consumerist culture.
  4. Increasing prices worldwide.

4. Which of the following is FALSE regarding globalization?

  1. Most products are exclusively made in one country.
  2. One of the benefits of globalization is that it allows developing countries access to international investment funds.
  3. It can be defined as the integrating of economies across the globe through the process of procuring goods, services, and capital across the world.
  4. It has a strong impact on international business.

5. An IT company has lowered its prices due to the fact that it has directly benefited from globalization, making it much easier for customers to buy their products. Which of the following is NOT a likely cause of their decreasing prices?

  1. The fact that globalization creates job security which makes the workers more productive.
  2. The fact that globalization causes increased international productivity.
  3. The fact that globalization allows developing countries access to international investment funds.
  4. The fact that the company can easily share technology across national borders.

Answers

SmartExpert
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Status NEW Posted 08 Aug 2023 12:08 PM My Price 5.00

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