1.
A company that conducts business only in its home country is called a(n)A) regional company. B) international company. C) interregional company. D) domestic company. 2.
When Columbus came to the Americas in the late 15th Century, he was really searching forA) India. B) Brazil. C) England. D) none of the above. 3.
International business is any activity that involves business operationsA) in Europe. B) in the USA. C) across national borders. D) on the Internet. 4.
Which of the following would affect international trade?A) a destructive hurricane in the southern United States B) a war in southern Africa C) a recession in Russia D) all of the above 5.
What are the four Ps of the marketing mix?A) product, price, place, and promotion B) price, place, politics, and product C) politics, price, promotion, and pleasantry D) product, price, politics, and promotion 6.
What is global dependence?A) trading within your own country B) not trading at all C) most countries relying on each other for trade D) none of the above 7.
A corporation is better suited than are individuals to deal with which one of the following ethical issues?A) unfair pay scales B) child labor C) pollution D) all of the above 8.
Which of the following would be considered a stakeholder in a business organization?A) employees B) labor unions C) the government D) all of the above 9.
At what level does international trade impact the economy of an entire country?A) interdepartmental level B) national level C) social level D) price level 10.
Which of the following would not be a positive corporate activity promoting social responsibility?A) sponsoring charitable campaigns B) practicing discrimination C) training the unemployed for jobs D) all of the above