International Business Test

Use the following source for answers:

I need a 30 question multiple choice answer quiz completed with just the question # and answered returned to me. I will upload the questions in a word doc and the book needed may be logged into using courseSmart.com. I will include the login instructions in the word document. Please message me with any questions.
There are 30 questions. I just need the question # followed by the answer (Ex. 1.A, 2.B)
1. The cost of capital:
A. is the price of borrowing money, which is the rate of return that borrowers must pay investors.
x tends to be higher in an international capital market than it is in a purely domestic market.
C. in a purely domestic market implies that borrowers must pay less to persuade investors to lend them their money.
D. in an international market implies that borrowers will be able to pay more to persuade investors to lend them their money.
2. The relatively low correlation between the movements of stock markets in different countries reflects all of the following basic factors except:
A. countries pursue different macroeconomic policies and face different economic conditions, so their stock markets respond to different forces and can move in different ways.
B. different stock markets are still somewhat segmented from each other by capital controls.
C. restrictions on cross-border capital flows still separate different stock markets.
D. barriers to cross-border capital flows drastically increase the ability of capital to roam the world freely in search of the highest risk-adjusted return.
3. All of the following statements regarding the effects of exchange rates on international portfolio diversification are true, except:
A. the volatile exchange rates associated with the current floating exchange rate regime increase the risk-reducing effects of international portfolio diversification.
B. floating exchange rates introduce an additional element of risk into investing in foreign assets.
C. adverse exchange rate movements can transform otherwise profitable investments into unprofitable investments.
D. uncertainty engendered by volatile exchange rates may act as a brake on the otherwise rapid growth of the international capital market.
4. _____ imply that when a firm already has significant value built into its product offering, increasing value by a relatively small amount requires significant additional costs.
A. Efficiency matrixes
B. Diminishing returns
C. Cost plus curves
D. Strategy convex curves
5. Global expansion allows firms to achieve all of the following, except:
A. standardize their product offering, marketing strategy, and business strategy for all national conditions.
B. realize location economies by dispersing value creation activities to the optimal location.
C. realize cost economies from experience effects generated by serving a larger market from a central location.
D. expand the market for their domestic product offerings by selling those products in international markets.
6. Which of the following is not associated with firms following the global standardization strategy?
A. Low pressures for local responsiveness
B. Use cost advantage to support aggressive pricing in world markets
C. High pressures for cost reductions
D. Customize product offering and marketing strategy to local conditions
7. The need for coordination between subunits is highest in firms pursuing a(n)
A. localization strategy.
B. international strategy.
C. global strategy.
D. transnational strategy.
8. There is low interdependence, performance ambiguity, and costs of control in firms pursuing a(n):
A. localization strategy.
B. international strategy.
C. transnational strategy.
D. global strategy.
9. Sources of organizational inertia include all of the following, except:
A. the existing distribution of power within the organization.
B. environmental influences.
C. the existing culture.
D. senior managers’ preconceptions about the appropriate business model.
10. Many Western firms that sold oil-refining technology to firms in Gulf states now find themselves competing with these firms in the world oil market. This is an example of:
A. the firm entering into a turnkey project with a foreign enterprise, inadvertently creating a competitor.
B. the firm entering into a turnkey deal having no long-term interest in the foreign country.
C. the country subsequently proving to be a major market for the output of the process that has been exported.
D. selling the firm’s process technology through a turnkey project which is also selling competitive advantage to potential competitors.
11. Which of the following is a disadvantage of licensing?
A. It does not help firms that lack capital to develop operations overseas.
B. It does not give a firm the tight control over strategy that is required for realizing experience curve and location economies.
C. It cannot be used when a firm possesses some intangible property that might have business applications.
D. The firm has to bear the development costs and risks associated with opening a foreign market.
12. When a firm wants to enter a market where there are already well-established incumbent companies, and where global competitors are also interested in establishing a presence, the firm should consider:
A. joint ventures.
B. turnkey projects.
C. acquisitions.
D. greenfield investments.
13. The person or business initiating a draft is known as the:
A. beneficiary.
B. drawee.
C. maker.
D. trustor.
14. _____ involves trading goods and services for other goods and services when they cannot be traded for money.
A. Countertrade
B. Forfeiting
C. A sight draft
D. A time draft
15. The most restrictive form of countertrade is:
A. switch trading.
B. barter.
C. buyback.
D. counterpurchase.
16. A _____ is an asset whose value is contingent upon a particular relationship persisting.
A. specialized asset
B. common asset
C. complementary asset
D. supplementary asset
17. Vertical integration may raise a firm’s cost structure for all of the following reasons except:
A. the greater the number of subunits in an organization, the more problems coordinating and controlling those units.
B. the firm that vertically integrates into component part manufacturing may find that because its internal suppliers have an active customer, they lack the motivation to be more efficient.
C. vertically integrated firms have to determine appropriate prices for goods transferred to subunits within the firm.
D. it makes planning, coordination, and scheduling of adjacent processes more difficult, as compared to buying from independent suppliers, particularly with just-in-time inventory systems.
18. Just-in-time inventory systems:
A. can help firms improve product quality.
B. are fast becoming obsolete.
C. require that parts be warehoused.
D. give firms a buffer stock of inventory.
19. With _____, suppliers, shippers, and the purchasing firm can communicate with each other with no time delay.
A. a CAD system
B. a JIT system
C. a CAM system
D. an EDI system
20. When a firm emphasizes personal selling rather than mass media advertising in the promotional mix, the firm is using a:
A. standardized strategy.
B. pull strategy.
C. push strategy.
D. localized strategy.
21. Which of the following does not affect a firm’s international communication?
A. Cultural barriers
B. Source effects
C. Channel exclusivity
D. Noise levels
22. A firm that depends more on mass media advertising to communicate the marketing message to potential consumers is using a:
A. pull strategy.
B. push strategy.
C. standardized strategy.
D. localized strategy.
23. A measure of the responsiveness of demand for a product to change in price is referred to as:
A. arbitrage demand.
B. predatory pricing.
C. price elasticity of demand.
D. experience curve pricing.
24. Which component of a typical expatriate compensation package compensates the expatriate for having to live in an unfamiliar country isolated from family and friends, deal with a new culture and language, and adapt to new work habits and practices?
A. Benefit
B. Cost-of-living allowance
C. Base salary
D. Foreign service premium
25. What is the long-term goal of international trade secretariats (ITSs)?
A. To reduce the competition between national unions.
B. To be able to bargain transnationally with multinational firms.
C. To reduce the ideological gap between union leaders in different countries.
D. To get national and international bodies to regulate multinationals.
26. What is the main difference in the way international businesses approach international labor relations?
A. The degree to which organized labor can limit the choices of an international business
B. The way work is organized within a plant
C. The degree to which labor relations activities are centralized or decentralized
D. The way staffing, management development, and compensation activities are organized
27. Foreign subsidiaries of multinational firms normally:
A. keep their accounting records in the currency of the country in which they are located.
B. do not prepare their financial statements.
C. prepare their financial statements in US dollars.
D. keep their accounting records in US dollars.
28. Firms pursuing _____ business strategies disperse each value creation activity to its optimal location in the world.
A. localization and transnational
B. global and localization
C. transnational and global
D. localization and international
29. Which of the following statements is true regarding assessing the performance of a foreign subsidiary and its managers?
A. It is inappropriate to compare subsidiaries against each other on the basis of return on investment (ROI).
B. Foreign subsidiaries operate in widely similar economic, political, and social conditions.
C. Managers should be evaluated in local currency terms after making allowances for items over which they have no control.
D. The evaluation of a subsidiary should be combined with the evaluation of its manager.
30. A tax haven:
A. allows an entity to reduce the taxes paid to the home government and those paid to foreign governments.
B. directs both the host-country government and the parent company’s home government not to tax the income of a foreign subsidiary.
C. specifies that parent companies are not taxed on foreign source income until they actually receive a dividend.
D. is a country with an exceptionally low, or even no, income tax.
ORDER THIS ESSAY HERE NOW AND GET A DISCOUNT !!!

You can place an order similar to this with us. You are assured of an authentic custom paper delivered within the given deadline besides our 24/7 customer support all through.