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BUS 475 Globalization, Corporate Social Responsibility, and International Business Practices: A Comprehensive Quiz

A comprehensive quiz on globalization, corporate social responsibility, and international business practices.

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    BUS 475 Globalization, Corporate Social Responsibility, and International Business Practices: A Comprehensive Quiz BUS 475 Week 5 quiz 4 Question 1 The term “race to the bottom” refers to: Answer Seeking to mine rich minerals from the bottom of the ocean. Moving production jobs to the country with the lowest labor cost . Efforts to deconstruct the assembly process in manufacturing industries. An old concept of globalization ta is no longer relevant. Question 2 Single - party rule by communist parties still remains in: Answer Lithuania. Vietnam . Thailand. Russia. Question 3 A society where economic power is concentrated in the hands of government officials and political authorities is called: Answer A central state control system.

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    A social democracy. A political control system. A military dictatorship. Question 4 Technological innovation has aided the spread of globalization by: Answer Building advanced technologies that can be sold in the global marketplace. Building advanced technologies that can be bought in the global marketplace. Leveling the playing field and allowing all to participate on an equal footing in global commerce. Building advanced technologies that can be sold in the domestic marketplace. Question 5 A critic of globalization might argue that companies decide to manufacture in China mainly because of China’s: Answer Strict law enforcement. High environmental standards. Weak health and safety regulations. Strong worker unions. Question 6 A firm that would like to develop a global supply chain would: Answer Manufacture components or supplies in other countries. Sell raw materials, components or supplies produced at home abroad. Purchase raw materials, components, or supplies from sellers in other countries.

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    Check products that were manufactured abroad for defects in their home country. Question 7 The three strategies of globalization can be summarized using what three words? Answer Channels, operations, and chains. Export, locate, and purchase. Sell, make, and buy . Ethics, import, and sell. Question 8 A firm that has global operations has: Answer All of their manufacturing and service operations abroad. Some or all of their manufacturing or service operations abroad.

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