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Liberty University BUSI 303 Quiz 1 Complete Solutions Correct Answers Key

A solved Quiz 1 for BUSI 303, covering key business management topics.

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    Liberty University BUSI 303 quiz 1 complete solutions correct answers key T h e g l oba l bu s i ne s s m anage r m u s t po ss e s s a s t r on g do m e s t i c a w a r ene s s an d m u s t unde r s t an d t h e un i qu e f a c t o r s t ha t c on t r i bu t e t o t h e s u cc e s s o f a g l oba l bu s i ne ss , i n c l ud i n g v a s t w o r k i n g e x pe r i en c e I n t e r na t i ona l e xc hang e i s a r e c en t c on c ep t ? . T h e geo c en t r i c o r gan i z a t i on ’ s p r i m a r y ob j e c t i v e i s t o de v e l o p a n i n t eg r a t e d sys t e m w i t h a ( n ) . P eop l e i n a c u l t u r e s ha r e t h e be li e f t ha t gene r a l r u l e s , c ode s , v a l ue s , an d s t anda r d s t a k e p r e c eden c e o v e r pa r t i c u l a r need s an d c l a i m s o f f r i end s an d r e l a t i on s. R ega r d l e s s o f t h e m anage r i a l - c u l t u r a l pa r ad i g m i n u s e , t h e bu s i ne s s p r o f e ss i ona l r e c ogn i z e s t ha t a n unde r s t and i n g o f t h e m a j o r d i m en s i on s o f c u l t u r e i s e ss en t i a l f o r s u cc e s s i n do i n g bu s i ne s s o v e r s ea s. Wh i c h o f t h e f o ll o w i n g i s a t y p e o f po li t i c a l r i s k f o r g l oba l m anage r s? Wh i c h o f t h e f o ll o w i n g i s t r u e r ega r d i n g t h e u s e o f w o r d s a c r o s s l anguage s ? N A FT A f a c ili t a t e d t h e i m po r t a t i o n an d e x po r t a t i o n o f good s an d s e r v i c e s be t w ee n t h e U n i t e d S t a t e s , M e x i c o , an d C anada. T r o m penaa r be li e v e d t ha t e v e r y c u l t u r e d i s t i ngu i s he s i t s e l f f r o m o t he r s b y t h e specific s o l u t i on s i t c hoo s e s t o c e r t a i n p r ob l e m s an d d il e mm a s A d v o c a t e s f o r g l oba li z a t i o n be li e v e t ha t g l oba li z a t i o n p r o m o t e s Blank , a s t h e oppo s i t e o f , p r o m o t e s openne s s t o w a r d s o t he r c u l t u r e s , op i n i on s , an d w a y s o f li f e Wh i c h o f t h e f o ll o w i n g i s a ba rr i e r t o t r ade? C u l t u r e i s t h e s e t o f s ha r e d a tt i t ude s , v a l ue s , , an d p r a c t i c e s t ha t c ha r a c t e r i z e a s o c i e t y A s g l oba li z a t i o n be c o m e s m o r e e m bedde d i n da il y li f e , t o l e r an c e m u s t c on t i nu e t o i n c r ea s e i n o r de r t o a v o i d unne c e ss a r y po l a r i z a t i on — aga i n r e i n f o r c i n g t h e no t i o n t ha t g l oba li z a t i o n i s no t a ss i m il a t i on. B a rr i e r s t o t r ad e i n c l ud e a l l o f t h e f o ll o w i n g e xc ep t: T h e Wo r l d T r ad e O r gan i z a t i o n ( W T O ) w a s e s t ab li s he d i n t h e ea r l y 1970 s t o he l p f o s t e r i n t e r na t i ona l t r ad e an d r e s o l v e d i s pu t e s. KS A s t and s f o r , , an d . (blank) c u l t u r e : t i m e m o v e s a r oun d i n cyc l e s ; peop l e t en d t o d o s e a t i m e ; t i m e i s f l e x i b l e an d i n t ang i b l e Wh i c h o f t h e f o ll o w i n g i s N O T t r u e abou t g l oba li z a t i on? A f o r m o f v e r ba l l anguag e i n c l ude s Which of the following is NOT a driving force of Globalization? Increased restriction on foreign investments

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