21/04/2022, 19:06 Prelim Exam: Attempt review

Home / My courses /
UGRD-GE6102-2123T /
Prelim Examination /
Prelim Exam

Started on Friday, 18 February 2022, 12:19 AM

State Finished
Completed on Friday, 18 February 2022, 1:49 AM
Time taken 1 hour 29 mins
Marks 28.00/30.00
Grade 93.33 out of 100.00

Question 1
Correct

Mark 1.00 out of 1.00

Which of the following statements is not true?

Select one:
a. Membership in the regional development banks is limited to countries from the region. 

b. The International Monetary Fund and World Bank are specialized agencies in the United Nations system.

c. All International Financial Institutions admit only sovereign countries as owner-members, but all are characterized by a broad country
membership, including both borrowing developing countries and developed donor countries.

d. Each International Financial Institution (IFI) has its own independent legal and operational status, but because a considerable number
of countries have membership in several IFIs, a high level of cooperation is maintained among them.

Question 2
Correct

Mark 1.00 out of 1.00

The five Multilateral Development Banks are composed of the following, except:

Select one:
a. Asian Development Bank

b. European Bank for Reconstruction and Development

c. World Bank Group

d. Green Climate Fund 

Question 3
Correct

Mark 1.00 out of 1.00

The level of personal or family income below which one is classified as poor according to governmental standards:

Select one:
a. Income matrix

b. Poverty line 

c. Social Class

d. Lifestyle reference

trimestralexam.amaesonline.com/2123/mod/quiz/review.php?attempt=37150&cmid=47351 1/10
21/04/2022, 19:06 Prelim Exam: Attempt review

Question 4
Correct

Mark 1.00 out of 1.00

Which of the following is not true about the attributes of global corporations?

Select one:
a. Companies must be aware of different cultures and business practices among countries in order to connect, be efficient, and stay on
the same page.

b. Companies that invest in the internet and produce web-based products are more unlikely to grow globally because there is more 
money involved in their international expansion.

c. Companies should research and understand the different cultures they are tapping into in order to be successful in not only building
key relationships that will open up doors down the road, but connecting with the right consumers as well.

d. High-growth companies view international markets as untapped markets full of potential.

Question 5
Correct

Mark 1.00 out of 1.00

This includes private economy, educational institutions, churches, hospitals, fraternal organizations, and other non-profit organizations:

Select one:
a. Council of elders

b. Civil society 

c. Tribe

d. Political party

Question 6
Correct

Mark 1.00 out of 1.00

The UN Convention on the Rights of the Child is a comprehensive, internationally binding agreement on the rights of children, a human
rights treaty which sets out the civil, political, economic, social, health and cultural rights of children. When was the treaty adopted by the
United Nations?

Select one:
a. UN General Assembly 1991

b. UN General Assembly 1989 

c. UN General Assembly 1988

d. UN General Assembly 1990

trimestralexam.amaesonline.com/2123/mod/quiz/review.php?attempt=37150&cmid=47351 2/10
21/04/2022, 19:06 Prelim Exam: Attempt review

Question 7
Correct

Mark 1.00 out of 1.00

These institutions provide financial support and professional advice for economic and social development activities in developing countries
and promote international economic cooperation and stability:

Select one:
a. International Nongovernmental Organizations

b. International Criminal Police Organization

c. International Criminal Court

d. International Financial Institutions 

Question 8
Correct

Mark 1.00 out of 1.00

This type of financing is provided by the Multilateral Development Banks to member countries, mostly for technical assistance, advisory
services, or project preparation:

Select one:
a. Long-term loans

b. Very-long-term loans

c. Grant financing 

d. Personal loans

Question 9

Correct

Mark 1.00 out of 1.00

A group of people who has the ultimate authority to act on behalf of a state is called:

Select one:
a. Government 

b. Tribe

c. Corporation

d. Church

trimestralexam.amaesonline.com/2123/mod/quiz/review.php?attempt=37150&cmid=47351 3/10
21/04/2022, 19:06 Prelim Exam: Attempt review

Question 10
Correct

Mark 1.00 out of 1.00

Which of the following statements is not true?

Select one:
a. A multinational company is a firm or company that has "headquarters" in one country but with bases, manufacturing or assembly
plants in other countries.

b. Economic globalization leads to the development of a "global marketplace" or "a single world market".

c. Economic globalization is the independence of world economies as a result of the growing scale of cross-border trade of 
commodities and services.

d. Economic globalization is enhanced by the acquisition of multinational enterprises that resulted to the rise of the profits of that
"global marketplace".

Question 11
Incorrect

Mark 0.00 out of 1.00

The 2016 Global Estimates of Child Labour indicate that one-fifth of all African children are involved in child labour, a proportion more than
twice as high as in any other region. Nine per cent of African children are in hazardous work, again highest of all the world's regions. Africa
has the largest number of child labourers; 72.1 million African children are estimated to be in child labour and 31.5 million in hazardous work
(International Labour Organization, 2017). The statement means that:

Select one:
a. Child labor grooms children to become industrious and independent.

b. Child labor deprives children of their childhood.

c. Child labor reduces labor shortage. 

d. Child labor helps businesses reduce the cost of production.

Question 12
Correct

Mark 1.00 out of 1.00

Korean Pop music or more famously known as K-pop has become a truly global phenomenon because of its distinctive blend of addictive
melodies, slick choreography and production values, and an endless parade of attractive South Korean performers who spend years in
grueling studio systems learning to sing and dance in synchronized perfection. Aside from the music, K-pop has also influenced the global
audience in terms of fashion, movies, dramas, and cuisine. K-pop has been building for two decades, but K-pop in particular has become
increasingly visible to global audiences in the past five to 10 years. South Korean artists have hit the Billboard Hot 100 chart at least eight
times since the Wonder Girls first cracked it in 2009 with their crossover hit "Nobody" - released in four different languages, including English
- and the export of K-pop has ballooned South Korea's music industry to an impressive $5 billion industry. K-pop is what aspect of
globalization?

Select one:
a. Cultural 

b. Political

c. Sociological

d. National

trimestralexam.amaesonline.com/2123/mod/quiz/review.php?attempt=37150&cmid=47351 4/10
21/04/2022, 19:06 Prelim Exam: Attempt review

Question 13
Correct

Mark 1.00 out of 1.00

Britain, France, Germany, Russia, Netherlands, Japan, and the United States colonized countries and spread their empires. These nations have
created global economic, political, cultural, and social connections around the world. The extending of a country's power and influence is
called:

Select one:
a. Interactionism

b. Fascism

c. Imperialism 

d. Communism

Question 14
Correct

Mark 1.00 out of 1.00

This type of financing is provided by Multilateral Development Banks to member countries, with maturities of up to 20 years, based on
market interest rates. The financial resources for these loans are obtained by borrowing on the international capital markets and re-lend to
borrowing governments in developing countries:

Select one:
a. Very-long-term loans

b. Personal loans

c. Grant financing

d. Long-term loans 

Question 15
Correct

Mark 1.00 out of 1.00

KFC was founded by Colonel Harland Sanders, an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin,
Kentucky during the Great Depression. Sanders identified the potential of the restaurant franchising concept, and the first "Kentucky Fried
Chicken" franchise opened in Utah in 1952. By 1963, Sanders was fielding franchise requests without having to put in the legwork, and had
more than 600 restaurants across the US and Canada selling Kentucky Fried Chicken. Years later, Kentucky Fried Chicken would establish its
own restaurants around the world, and the rest is history. The success of KFC as a business is what attribute of global corporations?

Select one:
a. Understand different cultures

b. Carefully chosen international partners

c. Value opportunity to expand 

d. Turbo-charged by the internet

trimestralexam.amaesonline.com/2123/mod/quiz/review.php?attempt=37150&cmid=47351 5/10
21/04/2022, 19:06 Prelim Exam: Attempt review

Question 16
Correct

Mark 1.00 out of 1.00

The work that deprives children of their childhood, their potential and their dignity, and that is harmful to physical and mental development is
called:

Select one:
a. Child labor 

b. Child protection

c. Child marriage

d. Child development

Question 17
Correct

Mark 1.00 out of 1.00

Which of the following examples refers to political factor influencing economic globalization?

Select one:
a. The founding of the World Trade Organization (WTO) 

b. IBM currently employs more workers in India than it does in the United States

c. The Lydians introducing the coins in the western world in 700 BC

d. Wal-Mart benefits greatly from having the vast majority of its goods manufactured in China.

Question 18
Correct

Mark 1.00 out of 1.00

Among the eight Millennium Development Goals created by the United Nations in the 1990's, which ranked first?

Select one:
a. Eradicate extreme poverty and hunger 

b. Promote gender equality and empower women

c. Combat HIV/AIDS, malaria and other diseases

d. Ensure environmental sustainability

trimestralexam.amaesonline.com/2123/mod/quiz/review.php?attempt=37150&cmid=47351 6/10
21/04/2022, 19:06 Prelim Exam: Attempt review

Question 19
Correct

Mark 1.00 out of 1.00

The term international financial institution typically refers to the International Monetary Fund, the World Bank Group, the African
Development Bank, the Asian Development Bank, the Inter-American Development Bank, and the European Bank for Reconstruction and
Development. The last five banks are considered MDBs. What does MDBs stand for?

Select one:
a. Multilingual Development Banks

b. Multicultural Development Banks

c. Multifunctional Development Banks

d. Multilateral Development Banks 

Question 20
Correct

Mark 1.00 out of 1.00

Social media has become a ubiquitous part of daily life, but this growth and evolution has been in the works since the late 70s. From primitive
days of newsgroups, listservs and the introduction of early chat rooms, social media has changed the way we communicate, gather and share
information, and given rise to a connected global society (Morrison, 2015). This evolution of social media is what aspect of globalization?

Select one:
a. Sociological 

b. Cultural

c. Political

d. Economic

Question 21
Correct

Mark 1.00 out of 1.00

This type of financing is provided by the Multilateral Development Banks to member countries, with maturities of 30 to 40 years, at interest
rates well below market rates. These are funded through direct contributions by governments in the donor countries:

Select one:
a. Long-term loans

b. Grant financing

c. Personal loans

d. Very-long-term loans 

trimestralexam.amaesonline.com/2123/mod/quiz/review.php?attempt=37150&cmid=47351 7/10
21/04/2022, 19:06 Prelim Exam: Attempt review

Question 22
Incorrect

Mark 0.00 out of 1.00

Which of the following examples does not refer to resources and markets as factors affecting economic globalization

Select one:
a. Records from the 19th century BCE attest to the existence of an Assyrian merchant colony at Kanesh in Cappadocia 

b. The founding of the Association of Southeast Asian Nations (ASEAN)

c. The ancient Egyptians trading in the Red sea, importing spices from the "Land of Punt" and from Arabia

d. Saudi Arabia's global oil export

Question 23
Correct

Mark 1.00 out of 1.00

Conflicts in Central America made major progress toward a peaceful settlement, thanks to an active role played by the United Nations. A
general election was held on February 25, 1990. What was the name of the committee established by UN in response to a request by Central
American countries, which started its activity to ensure the dissolution and repatriation of the anti-government guerrillas?

Select one:
a. Committee on International Assistance and Verification 

b. Committee on the Peaceful Uses of Outer Space

c. Committee on Contributions

d. Committee on the Administration of Justice at the United Nations

Question 24

Correct

Mark 1.00 out of 1.00

According to Albert Subbloie, CEO and Founder of Tangoe, a good benchmark of whether your company should continue efforts in a country
is when _______ percent of your business is coming from outside the United States.

Select one:
a. 10-20%

b. 50-60%

c. 20-50% 

d. 60-90%

trimestralexam.amaesonline.com/2123/mod/quiz/review.php?attempt=37150&cmid=47351 8/10
21/04/2022, 19:06 Prelim Exam: Attempt review

Question 25
Correct

Mark 1.00 out of 1.00

Long before Airbnb persuaded strangers to sleep in one another's homes and became a $25 billion company, it was just an idea to make
extra bucks and make rent. It started with an email. Joe Gebbia sent his roommate, Brian Chesky, an idea: What if they made a designer's bed
and breakfast, complete with a sleeping mat and breakfast? It was a way to "make a few bucks." Almost nine years later that idea is worth $25
billion. They created a simple site, airbedandbreakfast.com, and bought three air mattresses. The duo had met at college at the Rhode Island
School of Design, so they thought acting as tour guides to designers would be a fun way to make money. By 2011, four years after the first air
mattress guests, Airbnb was already in 89 countries and had hit 1 million nights booked on the platform. It also finally won the break-out
mobile app award at SXSW - despite having tried to launch there three years earlier (Carson, 2016). What attribute of global corporations
contributed to the success of Airbnb?

Select one:
a. Understand different cultures

b. Carefully chosen international partners

c. Measure success

d. Turbo-charged by the internet 

Question 26
Correct

Mark 1.00 out of 1.00

Which of the following is not true about the history of global market integration?

Select one:
a. The high costs of and the risks associated with long voyages did not limit trade to a relatively small set of commodities of high 
value relative to their weight and bulk.

b. International trade expanded because of new technologies in transportation and communication.

c. The unification of commodities promoted trade and economic development.

d. Global market integration is almost as old as humanity.

Question 27
Correct

Mark 1.00 out of 1.00

McDonald's marketing has different strategy in different regions. Even in Asia, the advertising content for each country is different. For
example, in Japan, most Japanese have high preferences on animations and the animation in Japan is the fastest growing industry as well. So
McDonald's tends to use more animation elements for marketing and advertising. It aims to attract more target customers, including kids,
teenagers, and even young adults. Many well-known cartoons were used in McDonald's advertisement marketing that enhances the
attractiveness and popularity of products. In Malaysia, the Halal logo are indicated in all kinds of Halal food advertising. It also emphasizes on
good values with draw attentions of local customs. The customs in different areas presents diversity. McDonald's also considered the local
eating habits to practice the different marketing strategies. For example, many Chinese people choose Chinese food for breakfast,
McDonald's launched a Chinese-style breakfast based on the eating habits (Li, 2016). What attribute of global corporations does McDonald's
practice?

Select one:
a. Understand different cultures 

b. Carefully chosen international partners

c. Turbo-charged by the internet

d. Measure success

trimestralexam.amaesonline.com/2123/mod/quiz/review.php?attempt=37150&cmid=47351 9/10
21/04/2022, 19:06 Prelim Exam: Attempt review

Question 28
Correct

Mark 1.00 out of 1.00

The decision, the conflict, and the resolution of that conflict are done through the ______ of the government established and codified in that
particular state, whether or not through elections:

Select one:
a. Understanding

b. Treaty

c. Institution 

d. Pact

Question 29
Correct

Mark 1.00 out of 1.00

Since joining the world body in 1956, this country has all along positioned cooperation with the United Nations as a major pillar of its
diplomacy. It has cooperated in UN activities in a wide range of areas, making the second largest financial contributions among the member
States next only to the United States:

Select one:
a. Germany

b. China

c. France

d. Japan 

Question 30
Correct

Mark 1.00 out of 1.00

Philip Morris International is an American cigarette and tobacco company which sells its products in 180 countries outside the United States.
In the Forbes Global 2000 List, it grabbed the top spot with foreign revenue unsurprisingly accounting for 100 percent of total revenue,
considering that it sells its products exclusively overseas. What attribute of global corporations does Philip Morris International employ?

Select one:
a. Understand different cultures

b. Measure success 

c. Turbo-charged by the internet

d. Carefully chosen international partners

◄ Announcements

Jump to...

Midterm Exam ►

trimestralexam.amaesonline.com/2123/mod/quiz/review.php?attempt=37150&cmid=47351 10/10