Podcast
Questions and Answers
What is the most widely used political view of FDI in the current international business environment?
What is the most widely used political view of FDI in the current international business environment?
- Nationalism
- Protectionism (correct)
- Communism
- Radicalism
Which factors predict the degree of rivalry between competitors?
Which factors predict the degree of rivalry between competitors?
- Market commonality and cost structure (correct)
- Cost structure and organizational structure
- Resource similarity and market dominance
- Organizational structure and cooperation
Which factor determines the foreign exchange rate of a currency?
Which factor determines the foreign exchange rate of a currency?
- The age of the currency
- Supply and demand for the currency (correct)
- Business economics of the currency
- Universal trade of the currency
Which strategy for entering into a foreign market has the lowest degree of risk?
Which strategy for entering into a foreign market has the lowest degree of risk?
Which type of advantage is gained by a company based on where it operates?
Which type of advantage is gained by a company based on where it operates?
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Description
Test your knowledge on international business and competition in this quiz! Explore the various political views on foreign direct investment and discover which one is most commonly used by governments today. Additionally, learn about the factors that predict the degree of rivalry between competitors, including market commonality, cost structure, resource similarity, and organizational structure. Challenge yourself and boost your understanding of these crucial topics in the world of business.
