International Business Quiz on Company Types

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What is an effective alternative to traditional distribution channels for firms selling digitized products?

Electronic distribution

What characterizes globalization with regards to national boundaries?

National boundaries becoming less relevant

Which trend involves greater economic, cultural, political, and technological interdependence among national institutions and economies?

Globalization

What does the term 'denationalization' refer to in the context of globalization?

<p>Denial of national sovereignty</p> Signup and view all the answers

What type of company does Donna Bader believe is harmful to developing nations?

<p>multinational company</p> Signup and view all the answers

According to Donna's study, what assumption does her conclusion rest upon?

<p>there are no factors other than globalization which influence the economic conditions of a country</p> Signup and view all the answers

What is true about international business based on the text?

<p>It involves commercial transactions crossing borders of two or more nations</p> Signup and view all the answers

What defines imports according to the text?

<p>Goods and services purchased abroad and brought into a country</p> Signup and view all the answers

What characterizes multinational corporations (MNCs) as stated in the text?

<p>They have direct investments abroad in multiple countries</p> Signup and view all the answers

What type of firm engages in international business from or near its inception?

<p>born global firm</p> Signup and view all the answers

What do trade unions claim is a consequence of globalization?

<p>Lower labor standards</p> Signup and view all the answers

What do critics of globalization argue about its impact on developing nations?

<p>It eliminates jobs</p> Signup and view all the answers

What is the stance of international firms towards labor and environmental laws, based on the text?

<p>Supporting reasonable labor and environmental laws</p> Signup and view all the answers

What is the impact of flexible labor markets as mentioned in the text?

<p>Enabling rapid worker redeployment</p> Signup and view all the answers

Which of the following statements about globalization's effect on labor market dislocation is correct?

<p>Globalization exacerbates labor market dislocation</p> Signup and view all the answers

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