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Multiple Choice

PHINMA Education Network is part of a:

Conglomeration
Horizontal Integration
Vertical-Forward Integration
Vertical-Backward Integration
Vertical-Balanced Integration

The emergence of NGOs is indicative of Political Globalization.

True
False

Many countries before would not allow females to acquire education, and were limited to
jobs such as teaching or nursing. Such a view changed after Globalization. This is mainly an
effect of:

Political Globalization
Cultural Globalization
Military Globalization
Environmental Globalization

Which of the following constitutes Foreign Direct Investment?

A speculator trying to make a profit by buying company shares on a foreign stock exchange.
A UK energy company buying territory abroad where it expects to find oil reserves.
A tourist purchasing foreign currency to spend on a holiday abroad.
A company signing an agreement with a wholesaler to distribute its products in foreign
markets.

The concept of Globalization is exclusively economic.

True
False

The internet facilitates globalization by:

Making it more difficult to contact potential customers abroad.


Cutting the cost for firms of communicating across borders.
Making it harder to send money from one country to another.
Making it easier for governments to censor the information received by their citizens from
abroad.
____________ makes us feels as if we all live in one society instead of a group of different
societies. An event in Afghanistan can affect what happens in the United States. A contagion
in China spreads to all corners of the world.

Financial Globalization
Environmental Globalization
Social Globalization
Political Globalization

Which of the following do NOT facilitate globalization?

Improvements in communications.
Barriers to trade and investment.
Looser immigration controls.
Removal of controls on movement of capital across borders.

The ideal of creating a business empire is born of which integration process?

Conglomeration
Expansion
Merger
Absorption

Which of the following is the main reason behind the investments of multinational
corporations?

To benefit foreign countries


To provide financial support to the country’s government
For the welfare of underprivileged people
To increase the assets and earn profits

All of the following are expressions of Military Globalization, excluding

Weapons of Mass Destruction


Joint Military Training Exercises between 2 countries
The coming of the Nuclear Age
Satellite-guided Missile Drones

Globalization is beneficial for firms because:

It protects them against foreign competition.


It cushions them from the effects of events in other countries.
It opens up new market opportunities.
It increases the risk and uncertainty of operating in a globalizing world economy.
In an effort to compete with the United States of America, China is building additional nuclear
weapons. Which of the following forms of globalization is being referenced in the previous
statement?

Military Globalization
Economic Globalization
Criminal Globalization
Political Globalization

Antonette is a 20year old Filipina who was kidnapped by Chinese assailants. She was delivered
to China to become part of a Human Trafficking Ring. This situation is an example of :

Criminal Globalization
Economic Globalization
Environmental Globalization
Military Globalization

Which of the following could be defined as a multinational company?

A firm that owns shares in a foreign company but does not participate in the company's decision
making.
A UK based internet package holiday firm specializing in selling tours to Turkey to German
customers.
A firm owning a chain of supermarket outlets outside its country of origin.
A finance company transferring its HQ and all its activities from the UK to the USA.
Other:

Each of these is an advantage of Economic Globalization EXCEPT:

Mobilization of Goods
Growth in international Market competition
Goods produced locally cost high, in terms of service and production
Developing countries import goods at a lower price

The establishment of climate accords like the Kyoto Protocol and the Paris Climate Agreement
are efforts to address concerns in:

Political Globalization
Military Globalization
Criminal Globalization
Environmental Globalization

Which one may be said as true of the varied Forms / Types of Globalization

They are mutually exclusive and entirely differ from each other
They do not occur simultaneously in the world
One can have features that may have overlap with the rest
All above are true
One good strategy for a successful Market Integration is:

Collecting feedback from both producers and consumers


buying and merging companies
infiltrating ans spying on competitors
lessen supply to increase demand

International bodies including the United Nations, European Union and World Trade
Organization are key multinational organizations designed to facilitate increasing
______________.

Environmental Globalization
Cultural Globalization
Political Globalization
None of the Above

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