Expert answer:Need amnagement help with International Business
Answer & Explanation:This international course consist of 4 business units with 25 multiple choice questions (100 total) followed by a writing assignment in each business unit. All must be completed successfully. Please review its entire content before bidding.bam_401_international_business_unit__1.docxbam_401_international_business_unit__2.docxbam_401_international_business_unit__3.docxbam_401_international_business_unit__4.docx
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BAM 401 International Business
Multiple Choice Questions (Enter your answers on the enclosed answer sheet)
1. Most of the world’s goods and services are sold ____________.
a. in international markets
b. through exports to small countries
c. through exports to large countries
d. in the countries where they are produced
2. Flower producers from Ecuador, Israel, and New Zealand all compete for sales in the same
American markets. This is due primarily to ____________.
a. more effective domestic production techniques
b. advances in transportation
c. advances in communications
d. cross-national cooperation in fighting insects that harm plants
3. When a company successfully responds to foreign production and market opportunities,
____________.
a. other companies will likely emulate its successful practices
b. it likely has a long-term advantage over competitors
c. its home government likely raises taxes on the company
d. it typically downsizes its domestic operations
4. By operating internationally, a company may reduce its risks because it can ____________.
a. operate in less competitive environments than those at home
b. take advantage of business-cycle differences among countries
c. prevent competitors from operating in the countries it has entered
d. buy competitive risk insurance not available in its home country
5. Visible exports and imports are ____________.
a. the sum total of goods and services traded
b. merchandise imports and exports
c. typically a country’s least common international economic transactions
d. international transactions paid for in money rather than barter
Unit 1 Examination
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BAM 401 International Business
6. When two or more organizations share ownership of a foreign direct investment, the operation is
called a ____________.
a. transnational corporation
b. joint venture
c. portfolio investment
d. turnkey operation
7. Although U.S. films depend heavily on revenue in foreign countries, revenue from international
markets is usually low for a sports-themed film. This is due to ____________ factors.
a. legal
b. behavioral
c. political
d. geographic
8. Which of the following is NOT cited in your text as support for the belief that the pace of
globalization will slow or reverse?
a. Technological advances will slow in the future.
b. Some major countries have either ignored international treaties or have refused to sign
them.
c. Antiglobalization interests have been successful in electing parties that oppose freer
movement of trade or people.
d. The growing split between parties who succeed in a global environment and those who
do not will foster greater antiglobalization sentiments.
9. When divergent cultures come in contact, ____________ occurs.
a. group membership
b. cultural collision
c. culture shock
d. power distance
10. According to the theory of success and reward expectation, the greatest enthusiasm for work
generally occurs when there is a ____________ likelihood of success combined with a
____________ reward for success compared to the reward for failure.
a. high; high
b. low; low
c. high; low
d. low; high
Unit 1 Examination
40
BAM 401 International Business
11. Which of the following is characterized by low dependence on an organization and a desire for
personal time, freedom and challenges?
a. collectivism
b. anarchy
c. democracy
d. individualism
12. Safe work environments motivate ____________; challenges motivate ____________.
a. non-fatalists; fatalists
b. individualists; collectivists
c. collectivists; individualists
d. materialists; non-materialists
13. In societies where trust is high, ____________.
a. family businesses are dominant
b. people tend to be fatalistic
c. the cost of doing business tends to be lower
d. people tend to be more future-oriented
14. In a(n) ____________ culture, people tend to regard seemingly peripheral information as
pertinent to decision making and infer meanings from things that people say either indirectly
or casually.
a. fatalistic
b. pragmatist
c. idealist
d. high-context
15. When a company concentrates on national cultural differences in terms of averages, which of
the following is most likely?
a. The company avoids cultural collision.
b. The company increases the likelihood of encountering protests from minority groups
within the culture.
c. The company overlooks the possibility of being successful by dealing with the outliers
who don’t conform to the averages.
d. The company finds polycentrism to be an ineffective operating method.
Unit 1 Examination
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BAM 401 International Business
16. In the closing case regarding Charles Martin in Uganda, the national characteristic concerning
the importance of family in Uganda is illustrated by the ____________.
a. difficulty of Charles Martin in dealing with Ugandans on an individual basis
b. prominence of family companies among the suppliers for the project
c. prevalence of nepotism
d. reluctance of workers to move away from extended families in order to build the dam
17. A(n) ____________ ideology is the system of ideas that expresses the goals, theories, and aims
of how society should work.
a. political
b. economic
c. legal
d. technological
18. The ____________ of a country specifies the rules that regulate political, social, and business
activities so a society can pursue economic and social development and resolve disputes
without collapsing into anarchy.
a. political system
b. legal system
c. political philosophy
d. philosophical orientation
19. Types of legal systems include all of the following EXCEPT ____________ law.
a. common
b. civil
c. secular
d. theocratic
20. Which type of intellectual property is typically the easiest for counterfeiters to copy?
a. digital products
b. patents
c. process innovations
d. equipment components
21. The measure of the value of production that occurs within a country’s borders without regard to
whether the production is done by domestic or foreign factors of production is commonly
referred to as the ____________.
a. gross national product (GNP)
b. gross national income (GNI)
c. net national product (NNP)
d. gross domestic product (GDP)
Unit 1 Examination
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BAM 401 International Business
22. The United Nations’ ____________ measures life expectancy, educational attainment, and the
standard of living in a given country.
a. Human Development Index
b. Gross National Happiness
c. Happy Planet Index
d. Genuine Progress Indicator
23. ____________ can occur when demand declines and supply grows.
a. Reflation
b. Deflation
c. Chronic inflation
d. Inflation
24. In a ____________, all dimensions of economic activity, including pricing and production
decisions, are determined by a central government plan.
a. market economy
b. command economy
c. democracy
d. mixed economy
25. The Economic Freedom Index indicates that the economic freedom is positively correlated with
all of the following EXCEPT which one?
a. diversity
b. life expectancy
c. environmental sustainability
d. literacy
Unit 1 Examination
43
BAM 401 International Business
Writing Assignment for Unit One
• Include your name, student number, course number, course title and unit number on each page
of your writing assignment (this is for your protection in case your materials become separated).
• Begin each writing assignment by identifying the question number you are answering followed by
the actual question itself (in bold type).
• Use a standard essay format for responses to all questions (i.e., an introduction, middle
paragraphs and conclusion).
• Responses must be submitted as a MS Word Document only, typed double-spaced, using a
standard font (i.e. Times New Roman) and 12 point type size.
Word count is NOT one of the criteria that is used in assigning points to writing assignments. However,
students who are successful in earning the maximum number of points tend to submit writing
assignments
that fall in the following ranges:
Undergraduate courses: 350 – 500 words or 1 – 2 pages.
Graduate courses: 500 – 750 words or 2 – 3 pages.
Doctoral courses: 750 – 1000 words or 4 – 5 pages.
Plagiarism
All work must be free of any form of plagiarism. Put written answers into your own words. Do not simply
cut
and paste your answers from the Internet and do not copy your answers from the textbook. Be sure to
refer to
the course syllabus for more details on plagiarism and proper citation styles.
Please answer ONE of the following:
1. Give at least two examples of business and government services that ease the conduct of
international business.
2. Contrast common law, civil law, customary law, and theocratic law.
3. An economic factor that management needs to consider is inflation. In a short essay, define
inflation and discuss the effects of inflation on international business.
BAM 401 International Business
Unit 2 Examination
82
BAM 401 International Business
Multiple Choice Questions (Enter your answers on the enclosed answer sheet)
1. Which of the following stakeholders groups wants additional sales and increased productivity,
which result in higher profits and larger returns going to them?
a. shareholders
b. society at large
c. customers
d. government
2. If a British company sets up a subsidiary in France that produces products for the French
market, this investment is most likely to result in what type of economic effect in the short run?
a. capital export from France
b. import displacement in France
c. export stimulus for France
d. capital inflow for Britain
3. In what ways can FDI benefit the host country?
a. through the transfer of technology and capital and the creation of new jobs
b. by exploiting natural resources
c. through bidding up prices so local investors cannot compete
d. by undermining the competitive confidence of local businesspeople
4. Why is the argument that “anything legal is ethical” insufficient?
a. Laws can never be changed; thus, rules for all possible ethical dilemmas are found in
the law.
b. Everything that is unethical is also illegal.
c. The law is an extremely efficient way to solve most ethical dilemmas.
d. The law is often based on imprecisely defined moral concepts.
5. Which of the following is a reason for an MNE to base its standards for ethical behavior on a
country’s laws?
a. The law provides a vaguely defined set of rules.
b. The law represents a consensus derived from significant experience and deliberation.
c. The law embodies many of a country’s moral beliefs but is an inadequate guide for
proper conduct.
d. The law contains unenforceable rules that are impossible to follow.
Unit 2 Examination
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BAM 401 International Business
6. Which of the following statements describes an inconsistency of the FCPA?
a. Facilitation payments (or grease money) are excluded from the FCPA’s definition of
bribery.
b. Payments to foreign officials who carry out the law are illegal.
c. Payments to officials who are not directly responsible for carrying out the law are legal.
d. Facilitation payments (also known as grease money) are classified as bribery.
7. At the core of the Kyoto Protocol is the theory that ____________ is a result of an increase in the
emissions of carbon dioxide and other gases.
a. global warming
b. soil contamination
c. depletion of natural resources
d. climate control
8. Which of the following is the most persuasive reason for companies to act more ethically and
responsibly?
a. The U.S. government provides tax breaks to companies that donate to international
charities.
b. Companies face no outside pressures to act responsibly.
c. Unethical or irresponsible behavior can negatively impact employee morale.
d. Companies that have good ethical behavior are proven to have higher earnings than
unethical companies.
9. Companies need to act responsibly because unethical and irresponsible behavior ____________.
a. usually improves employee morale
b. could result in consumer boycotts
c. rarely results in legal sanctions
d. almost always results in lower profit margins
10. Which of the following is a problem that Anglo American PLC is facing as it tries to adopt an
aggressive strategy against HIV/AIDS?
a. Many employees are not following through on their treatments.
b. Its programs have been much more effective than imagined and costs to treat
employees have dropped.
c. HIV/AIDS prevention programs are more effective than treatment programs.
d. They have been incurring huge costs to help migrant workers who generally do not have
HIV/AIDS and do not take the disease back to their home villages.
Unit 2 Examination
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BAM 401 International Business
11. Which of the following undesirable results may come about for a country running a favorable
balance of trade?
a. It may have to devalue its currency.
b. Its credit to other countries may buy insufficient goods and services when repaid.
c. Its unemployment increases.
d. It cannot as easily repay its external debt.
12. Which of the following is most likely a basis for a Jamaican natural advantage in the export of
goods and services?
a. product technology developed by a Jamaican company
b. the use of English as the primary language
c. low literacy rate in comparison with most other developing countries
d. clear, warm Caribbean waters
13. According to the theory of comparative advantage, a country gains from foreign trade even
though it may have an absolute advantage in the production of all products because
____________.
a. the country will forego producing its less efficient output in order to produce its more
efficient output
b. workers become more efficient through specialization
c. there will be more incentive to develop cost-saving technologies
d. economies of scale will reduce cost
14. Which of the following is the strongest argument for using a strategic trade policy?
a. Governments, rather than entrepreneurs, should take the risks of developing new
industries.
b. Because government influence is seldom neutral, government actions should
concentrate on helping those industries that will give them the best export advantages.
c. Consumer needs would otherwise not be met.
d. The policies have usually resulted in big payoffs.
15. A governmental strategic trade policy is one that ____________.
a. seeks reciprocal free trade agreements
b. limits imports to encourage domestic production of what would otherwise be imported
c. develops industries to lessen dependence on foreign military goods
d. targets the resources needed to support industries that fit best with the country’s
advantages
Unit 2 Examination
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BAM 401 International Business
16. The most internationally mobile factor of production is ____________.
a. labor
b. management
c. short-term capital
d. long-term capital
17. Costa Rica’s recent economic transformation to dependence on high-tech manufacturing is
largely due to its adoption of _____________ trade policy.
a. a comparative advantage
b. an import substitution
c. a strategic
d. a factor proportions
18. Why have many countries come to believe that an export-led development policy is better than
an import substitution policy?
a. Some countries have achieved more economic growth through export-led development
policies than other countries have achieved through import substitution policies.
b. When targeting industries to develop, it is easier to identify potentially competitive ones
when using export-led development policies.
c. Export-led development policies negate the need to attract foreign investment.
d. Economies diversify more when using export-led development policies.
19. All of the following are reasons a country might institute import restrictions to improve its
balance of trade position with other countries EXCEPT which one?
a. to get comparable market access for its companies
b. to maintain essential industries
c. to reduce imports
d. to bargain away restrictions by other countries
20. All of the following are potential problems of using export controls EXCEPT which one?
a. There is more incentive for smuggling.
b. Import prices may go down for the country imposing the controls.
c. There will be an incentive for other countries to develop production of their own.
d. Domestic producers may have less incentive to increase output.
21. The most common type of tariff is the ____________ tariff.
a. ad valorem
b. transit
c. import
d. export
Unit 2 Examination
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BAM 401 International Business
22. The European Union is an example of ____________ integration.
a. bilateral
b. regional
c. global
d. relative
23. As companies expand internationally, they should change their ____________ to take advantage
of regional trading groups.
a. economic integration
b. bilateral trade agreements
c. market opportunities
d. operating strategies
24. Trade ____________ allows consumers access to more goods at a lower price than would have
been possible without integration.
a. Trade specialization
b. Trade creation
c. Trade diversion
d. Trade internalization
25. The ____________ is a preferential trade agreement that was organized in 1967 and comprises
Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand,
and Vietnam.
a. OAU
b. CAFTA
c. APEC
d. ASEAN
Unit 2 Examination
87
BAM 401 International Business
Writing Assignment for Unit Two
• Responses must be submitted as a MS Word Document only, typed double-spaced, using a
standard font (i.e. Times New Roman) and 12 point type size.
Word count is NOT one of the criteria that is used in assigning points to writing assignments. However,
students who are successful in earning the maximum number of points tend to submit writing
assignments
that fall in the following ranges:
Undergraduate courses: 350 – 500 words or 1 – 2 pages.
Graduate courses: 500 – 750 words or 2 – 3 pages.
Doctoral courses: 750 – 1000 words or 4 – 5 pages.
Plagiarism
All work must be free of any form of plagiarism. Put written answers into your own words. Do not simply
cut
and paste your answers from the Internet and do not copy your answers from the textbook. Be sure to
refer to
the course syllabus for more details on plagiarism and proper citation styles.
Please answer ONE of the following:
• Include your name, student number, course number, course title and unit number on each page
of your writing assignment (this is for your protection in case your materials become separated).
• Begin each writing assignment by identifying the question number you are answering followed by
the actual question itself (in bold type).
• Use a standard essay format for responses to all questions (i.e., an introduction, middle
paragraphs and conclusion).
1. In a short essay, discuss the theory of absolute advantage and the reasons a country’s efficiency
improves based on this theory.
2. What are the four conditions in the diamond of national advantage? What are the limitations of
the diamond of national advantage in explaining countries’ competitive advantage?
3. How effective are commodity agreements?
BAM 401 International Business
Unit 4 Examination
161
BAM 401 International Business
Multiple Choice Questions (Enter your answers on the enclosed answer sheet)
1. In general, companies that have low levels of ownership advantages ____________.
a. enter foreign markets through franchising
b. enter foreign markets through joint ventures
c. enter foreign markets through FDI
d. do not enter foreign markets
2. The ____________ of a firm is the share of its total output that is exported.
a. export intensity
b. incremental export
c. intermodal export
d. freight forward
3. Which of the following is NOT one of the phases in the process of incremental export
development?
a. initial exporting
b. serendipity
c. preengagement
d. advanced
4. Which of the following explanations is commonly cited as a reason that firms do not seek export
opportunities more aggressively?
a. Firms are reluctant to adjust their financial practices.
b. It is difficult for foreign customers to communicate their needs to an exporter.
c. Exporting is an activity best left to large firms.
d. Firms …
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