Podcast
Questions and Answers
Which of the following best describes the difference between globalization and internationalization?
Which of the following best describes the difference between globalization and internationalization?
- Globalization is associated with greater risk, while internationalization is associated with the reshoring of human capital.
- Globalization is more about inter-connectivity, while internationalization is a macroeconomic phenomenon. (correct)
- Globalization focuses on the dispersion of production activities worldwide, while internationalization focuses on the convergence of buyer preferences.
- Globalization is a macroeconomic phenomenon, while internationalization is more about inter-connectivity.
What is the main driver behind the globalization of markets?
What is the main driver behind the globalization of markets?
- The reshoring of human capital.
- The dispersion of production activities worldwide.
- The development of sophisticated global financial systems.
- The unprecedented growth of international trade. (correct)
Which of the following is NOT a benefit of globalization?
Which of the following is NOT a benefit of globalization?
- Greater collaboration among nations through multilateral regulatory agencies.
- The cross-border flow of products, money, technology, and knowledge.
- The convergence of buyer preferences in markets around the world.
- Reduced marketing costs due to the need to adjust to local markets. (correct)
What does the globalization of production activities aim to achieve?
What does the globalization of production activities aim to achieve?
Which of the following is NOT a factor contributing to the changing nature of international business?
Which of the following is NOT a factor contributing to the changing nature of international business?
Which of the following is a factor contributing to the changing nature of international manager's jobs?
Which of the following is a factor contributing to the changing nature of international manager's jobs?
What is the term used to describe the integration of systems, processes, and organizations in electronic business?
What is the term used to describe the integration of systems, processes, and organizations in electronic business?
What is the main driver behind the globalization of human capital?
What is the main driver behind the globalization of human capital?
What is the term used to describe the dispersion of technology around the world by multinational enterprises?
What is the term used to describe the dispersion of technology around the world by multinational enterprises?
Which of the following is NOT a technology that has contributed to the globalization of business?
Which of the following is NOT a technology that has contributed to the globalization of business?
