International Business
International Business Quiz
Test your knowledge on the intricacies of international business! This engaging quiz covers a variety of topics related to global markets, economic dynamics, and emerging markets.
- 27 thought-provoking questions
- Multiple choice format
- Learn while you play!
What are the Risks involving International and Domestic Businesses
Cross cultural
Economic
FDI
Distinctive Business Methods
The most risky type of international business?
Imports
Strategic Alliances
Licensing
FDI
Companies that have less than 500 employes
Born Global Firms
Charity Organizations
SMEs
MNEs
Which is not a motivation of International Firms?
To seek opportunies of growth through market diversification
To gain access to lower cost or better value factors of production
To establish a monopoly in the industry worldwide
To earn high profit and margins
Which one is not a market globalization driver?
Offshoring
Worldwide reduction of barriers
Industrialization and modernization
Advances in technology
Societal Consequences of Market Globalization
Effect on national culture
Effect on poor
Effect on the natural environment
Effect on GNP
Expanded market size, achieve economies of scale, attract FDI, acquire a better defensive and political posture
Pros of economic integration
Benefits of SMEs which are operating globally
Cons of economic integration
Benefits of MNEs which are operating globally
Member countries agree a free flow of factors of production among the members
Free Trade Area
Customs Union
Economic Union
Common Market
Founded in 1991, member countries are Argentina, Brazil, Paraguay and Uruguay
EFTA
NAFTA
MERCOSUR
PUBA
Common characteristics of Emerging Market Economies
Substantial competition
Rapidly liberalizing trade barries
High trade volume
Moderate to high inward FDI
Indicators of Economic Growth
Industrialization
Modernization
High trade volume
Level of Growth through GDP
Emerging markets that are already "emerged"?
Taiwan
Saudi Arabia
Singapore
China
Characteristics of Middle Class
Its number is higher than lower and upper class in emerging and advanced economies
It has discretionary income
Shows the market consumption capacity
If its number is high, then there is high privatization
Attractiveness of Emerging Markets
Political Stability
Sourcing destinations
Manufacturing Bases
Target markets
Why emerging markets are not emerged yet?
Because of high GDP of advanced economies
Exportation of inflation by advanced economies
Authoritarian Regimes
Export dependency
Failures in Emerging Markets
Favoritism
Low purchasing power parity
Family conglomerates
Lack of transperency
BRIC member countries?
Brazil
Russia
Israel
China
Between 2008-2013, EMs were accounted for ...% of world's economic growth
70
90
85
80
The reasons for crisis and stagnation in Japan?
Sluggish consumption domestically
Ageing population
High GDP, low GNP
Offshoring by domestic companies
Although it was an agricultural society, ... Quickly became the world's industrial power while ... Consolidated its position as the leading economy in Europe
China-Germany
US-Germany
United Kingdom-Switzerland
US-France
Benefits of being developing economy to the international companies
Many potential workers to be trained
Many markets are underdeveloped due to infrastructural deficiencies
High discretionary income
Underexploited natural resources
EMs and Macroeconomic Stability
Many of largest stock market listed firms are privately owned
Governments who have a short-term perspective often try buying the support of different groups
Has more policy space to pursue creative solutons to promote economic growth
Their currencies are not traded in international markets
Wealth, Productivity and Inequality
Triad economies concentrate most of the wealth.
EMs citizents produce and consume more wealth per capita
Infrastrucal deficiencies hinder the productivity
Little investment can create great opportunuties in EMs and developing economies
Which one is not a G-20 member state?
Argentina
United Arab Emirates
Brazil
Indonesia
Which one is a not aim of G-8 and G-20 group?
Increasing quality investment
Lifting employment and participation
Strengthening the market monopoly
Reforming global instutions
.... It has established to fight the shift of power dynamics
BRICS
G-20
TTIP
IBSA
Which one is not a method of fighting the debtedness?
Fiscal cliifs
Debt level reductionss
Increasing real interest rates
Extending the credits
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