MBA 540 4-3 Quiz: Milestone Two Pre-Check

MBA 540 4-3 Quiz: Milestone Two Pre-Check
Question 1 1.5 / 1.5 points
Which of the following accurately defines a firm’s values? Select one.
Question options:
They refer to procedures, processes, and routines that continuously expand existing resources or improve operating
capabilities.
They refer to its leaders’ beliefs about what is right and wrong, good and bad, desirable and undesirable.
They refer to factors of production that create economic value for the firm when employed.
They refer to a firm’s ranking of what is most important.
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A company’s values are reflected in the beliefs and actions of its leaders.
Question 2 1.5 / 1.5 points
Which of the following can be categorized as a market risk associated with
entering a new foreign, non-US market?
Question options:
The distribution process being different from that in the United States
The currencies of countries fluctuating significantly when compared to the U.S. dollar
The local government requiring a certain percentage of managers to be locals