Globalization and the Multinational Corporation Multiple...

International Financial Management, 2e (Bekaert / Hodrick) Chapter 1 Globalization and the Multinational Corporation 1.1 Multiple Choice Easy 1) Which of the following was created in an effort to promote free trade? A) World Trade Organization B) the Sarbanes-Oxley Act C) multilateral development banks D) the Organization for Economic Cooperation and Development Answer: A 2) Which one of the following is an investment from which the payoff over time is derived from the performance of an underlying asset? A) a common stock certificate B) a derivative security C) a corporate bond D) a mortgage bond Answer: B 3) What is the name for the shifting of non-strategic functions to specialist firms to reduce costs? A)†¦show more content†¦D) a single European currency managed by a European central bank. Answer: D 18) The European Union is a free trade association that is based on a(n) A) economic and monetary union. B) economic union. C) monetary union. D) a commonly agreed upon list of lowered tariffs. Answer: A 19) Which one of the following has a single currency managed by a common central bank? A) ASEAN B) European Union C) World Trade Organization D) The Organization for Economic Cooperation and Development Answer: B 20) Which one of the following is renowned for its high-quality databases on economic and social data? A) WTO B) EU C) OECD D) World Bank Answer: C 21) What is the name of the international organization that fosters monetary and financial cooperation and serves as a bank for central banks? A) WTO B) EU C) World Bank D) Bank for International Settlements Answer: D 22) Which of the following are institutional banks that provide financial support and professional advice for developing countries? A) multilateral development banks B) central banks C) investment banks D) Barclays bank Answer: A 23) What economic field of study explores the problems associated with a firm that arise from a separation of ownership and control and devises ways to resolve them? A) futures and options B) agency theory C) foreign direct investment D) franchising Answer: B 24) State-owned investmentShow MoreRelatedMarketing Ch-91075 Words   |  5 PagesPF16- 09 Multiple Choice Identify the choice that best completes the statement or answers the question. _C___ 1. According to your text, ____ are small technology-based firms operating in international markets within two years of their establishment and realizing as much as 70 percent of their sales outside the domestic home market. a.|natural globals| b.|multinational corporations| c.|born globals| d.|born multinationals| e.|multinational enterprises| __B__ 2. The Mont BlancRead MoreIntroduction. While Organizations Are Complex And Seemingly1457 Words   |  6 Pagesincreases when it expands outside its home borders. Multinational corporations have carefully weighed the pros and cons of moving to a global level and developed a solid understanding of the various cultures in countries worldwide. This understanding is not always as solid as managers may think because uncertainties and other areas not considered arise. These may include formulating strategies, managing risks, or motivating people from multiple cultures. What of leadership styles? Often organizationsRead MoreMarketing and Easy Ref994 Words   |  4 Pagesa pan-regional marketing strategy. ANS: T PTS: 1 DIF: Easy REF: p. 7-8 NAT: Analytic | Diversity 3. The formation of NAFTA encourages more multinational companies to adopt multidomestic strategies. ANS: F PTS: 1 DIF: Difficult REF: p. 8 NAT: Analytic | Diversity 4. The volume of international trade is decreasing due to globalization. ANS: F PTS: 1 DIF: Easy REF: p. 9-10 NAT: Analytic | Diversity 5. Companies pursue foreign markets to increase sales and profits. ANS:Read MoreMultinational Corporations : The Largest Institutions2475 Words   |  10 PagesIntroduction Multinational Corporations are among the biggest institutions in the world. A rough approximation suggests that around three hundred huge multinational companies control or own at least twenty five percent of the entire productive assets of the world, worth more than 5 trillion US dollars. The annual sales of multinational corporations are comparable to or more than the annual gross domestic product of several nations. For instance, the sales of Itochu Corporation excess Austria’s grossRead MoreInternational Business Study Guide5732 Words   |  23 PagesActions (Actor’s Behaviour, IB Theories, Practice Management implications) ï  ¶ Critical Views On Major IB Issues 7 Exam – Preparation Foci Most of the Short-Answer Questions For Section B of The Final Exam Are Designed From the Following Six (6) Topics: Topic 1: (Context 1) Topic 4: (Actors - Multinational Corporations) Topic 5: (Actors - Transnational Organizations) Topic 6: (Actions – Internationalization Theories Practices) Topic 8: (Actions -Business Functions Within The InternationalRead MoreBusiness 115 Final Exam Study Guide Essay1334 Words   |  6 Pagesworth 250 points that you may enter only once. You have 3.5 hours to complete the exam. It consists of 30 multiple choice questions worth 5 points each. There are 5 essay questions worth 20 points each. Be sure to save and save often while you are working on the exam, and submit the exam when you are finished. To earn full credit your response to each essay question should answer the question completely and average 2 – 3 paragraphs in length. The exam reflects the following course objectives andRead MoreEssay about The Government Must Regulate Globalization2437 Words   |  10 Pages Fueled by the expansion of multinational corporations and financial institutions, technological advances, and the increasing porousness of national borders, Globalization is a persistent, multifaceted phenomenon, which has and continues to have, significant impact on economical, political and cultural relations. The book, â€Å"The Lexus and The Olive Tree† by Thomas Friedman describes globalization as not just a fade or trend, but political and economical system that replaced the cold war. FriedmanRead MoreCorporate Social Responsibility (Csr) of Mncs in Bangladesh: a Case Study on Grammen Phone Ltd1792 Words   |  8 PagesObjective: Business is an attached and entrenched part of the society. In addition to its economic role in society, business also has several other roles and accountabilities towards society. Many reputed multinational companies doing business and interacting with the society as well. The objective of the study is to highlight the current status of CSR practice of MNCs in Bangladesh and activities of GrameenPhone is used as example. Methodology: The empirical findings of MNCs’ managementRead MoreStrategic Management and Page1166 Words   |  5 PagesChapter 6 – Formulating Strategy Multiple Choice Questions 1. The process by which a firm’s managers evaluate the future prospects of the firm and decide on appropriate strategies to achieve long-term objectives is called ____________. a. strategic planning (moderate, page 220) 2. The basic means by which a company competes—its choice of business in which to operate and the ways in which it differentiates itself from its competitors—is called its ____________. a. strategy (easyRead MoreOrganizations Worldwide And Its Impact On The Performance Of Leaders And Followers3767 Words   |  16 Pagesthe performance of leaders and followers. While the focus tends to be significantly more on leaders than followers, the importance of understanding people is agreed upon. As the world has become increasingly more connected due to technology and globalization, cultures and diversity have received greater attention as organizations realize they must know how to successfully interact with a wide variety of people (Luthans Doh, 2015). An added benefit to this learning process would be to also have a