MGT8
events in a country will negatively affect the
It is the risk that potential losses may arise from a
change in government policy
 Political Risk
Body language or kinesics the way people walk,
touch and move their bodies are similar among
culture
 FALSE
Also known as a nation’s freedom to act locally and
without imposed restrictions
 Power of Sovereignty
To protect its own industries every countries
restricts the movement across its borders of not
only goods and services but also the resources-
workers, capital, tools, and so on- needed to
produce them
 TRUE
Innovations in transportation mean that more
countries can compete for sales to a given market
 TRUE
Which of the following factors have contributed to
the growth of globalization?
 All of the above
Merchandise exports and imports are usually a
country’s least common international economic
transactions
 FALSE
This refers to tangible products or goods that are
sent out of country
 Merchandise Exports
Political risk refers to the threat that decisions or
profitability and sustainability of an investment
 TRUE
Governments have come to realize that their own
interest can be addressed through international
cooperation by means of treaties, agreements, and
consultations
 TRUE
International trade is defines as all commercial
transactions including sales, investments and
transportation, that take place between two or
more countries
 FALSE
Less consumer know more today about products
and service available in other countries, can afford
to buy them and want the greater variety in quality
price and characteristics that access to them offers
 FALSE
International business involves people from
different national cultures which affect every
business functions
 TRUE
Many of these religions – Buddhism Christianity,
Hinduism Islam and Judaism influence specific
beliefs that may affect business such as inhibiting
the sale of certain products or the performance of
work at certain times
 TRUE
Like national boundaries and geographic obstacles
language limits people contact with other countries
 TRUE
This type of government rule eliminates dissent
through indoctrination, persecution, surveillance,
propaganda, censorship and violence

 ????

A totalitarianism system consolidates power in a

single agent who then control political economic
and social activities

 TRUE

Companies with foreign direct investments of FDI

are

 All of the above

Which of the following is regarded as not among

the type of legal system prevailing worldwide?

 ????

Some groups and governments have tried to

protect national cultures but have not succeeded
entirely because people travel and access foreign
information through a variety of sources

 TRUE

Modern day democracies translate this ideology int