Structural Periods of Global Corporations Quiz
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Questions and Answers

Which period of globalization was dominated by producer-driven commodity or value chains?

  • Investment-based Globalization (1950-1970) (correct)
  • Trade-based Globalization (1970-1995)
  • Digital Globalization (1995-Present)
  • None of the above
  • Which country emerged as a major producer nation during the trade-based globalization period?

  • China
  • India
  • Brazil
  • Japan (correct)
  • What powers do transnational companies typically give to individual foreign markets?

  • Research and Development (R&D) control
  • Marketing power (correct)
  • Centralized decision-making
  • Inventory controls
  • Which period of globalization led to the integration of corporate structures reducing the effects of time and distance?

    <p>Digital Globalization (1995-Present)</p> Signup and view all the answers

    During which period did European firms adopt new models of production focused on quality and flexible production?

    <p>Trade-based Globalization (1970-1995)</p> Signup and view all the answers

    What characteristic defines firms operating in the investment-based globalization period?

    <p>Large amount of concentrated capital</p> Signup and view all the answers

    What is the main focus of globalization?

    <p>Free exchange of merchandise, skill, investment, and technology</p> Signup and view all the answers

    What does Internationalization mainly involve?

    <p>The firm and its trade activities</p> Signup and view all the answers

    Which factor does globalization highly depend on?

    <p>Infrastructure and international laws</p> Signup and view all the answers

    What is a main effect of Internationalization?

    <p>Spread of the enterprise's brand message</p> Signup and view all the answers

    Which statement best describes the rise of Global Corporation according to the text?

    <p>National markets are fading away due to increased globalization</p> Signup and view all the answers

    What does Globalization result in?

    <p>Increased social interactions, international migration</p> Signup and view all the answers

    What is one of the key factors that facilitated the growing integration of the world economy?

    <p>Technological advances in transport and communication</p> Signup and view all the answers

    Which of the following is NOT mentioned as a man-made barrier that has been steadily lowered to promote international exchange?

    <p>Sanctions</p> Signup and view all the answers

    What is the primary difference between globalization and internationalization?

    <p>Internationalization involves free trade, while globalization refers to customizing products for foreign markets.</p> Signup and view all the answers

    According to most economists, what impact has globalization had on living standards worldwide?

    <p>Lifted living standards worldwide</p> Signup and view all the answers

    What is the main purpose of internationalization in business?

    <p>Expansion of the business and brand</p> Signup and view all the answers

    Which of the following is NOT mentioned as a result of ongoing debates surrounding greater economic integration?

    <p>Increased living standards worldwide</p> Signup and view all the answers

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