D270 – Davis – Midterm Exam Questions and Answers | Indiana University | Verified and Graded A

D270 – Davis – Midterm Exam Questions and Answers | Indiana University | Verified and Graded A
Question : The broadening set of interdependent relationships
among people from different parts of the world is known as
________.
A) globalization
B) offshoring
C) franchising
D) outsourcing
CORRECT ANSWER: A
Question : The broadening set of interdependent relationships
among people from different parts of the world is known as
________.
A) globalization
B) offshoring
C) franchising
D) outsourcing
CORRECT ANSWER: C
Question : Which of the following is NOT a likely reason to
study international business?
A) Global events affect almost all companies.
B) Differences among countries in physical, social, and
competitive conditions may cause companies to alter their
operating methods from country to country.
C) Business conducted outside the confines of any one
country is inexplicably on the decline.
D) Firms may be better able to obtain better or less expensive
resources by operating internationally.
CORRECT ANSWER: C

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