2/4/22, 3:40 PM Quiz Div. B - GBE (04.02.

2022)

Dashboard / My courses / GBEN / 3 March - 9 March / Quiz Div. B - GBE (04.02.2022)

Question 1 A shampoo manufacturer is considering entering a developing country. During the screening process, it is discovered that
Not yet purchasing power is very low and many people might not be able to afford their product as it is presently sold in other
answered
markets. Which of the following is the best course of action?
Marked out of 1

Select one:
Look at the other developing countries and perform the same screening process to see if the market can be
profitable without the expense of product modification.

Consider that all developing countries with a similar economic situations are not good markets for the company

Examine an industrialized market that has not been entered by the company

Re-examine the economic situation of residents in that country and consider if a modified product might turn a
reasonable profit

Clear my choice

Question 2 Which of the following would be regarded as the ‘highest risk – highest reward’ method of internationalization?
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answered
Select one:
Marked out of 1
Franchising

Indirect exporting

Joint venture

Foreign direct investment

Clear my choice

Question 3
High level of investment risk due to large capital commitment and long pay-back periods, yet no co-owner and
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answered
integration risks is associated with which entry mode?

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Select one:
Partial acquisition

Greenfield projects

Full acquisition

Joint ventures

Clear my choice

Question 4
The Heckscher-Ohlin theorem states that a country will have comparative advantage in the good whose production is
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relatively intensive in the ________ with which the country is relatively abundant.
answered

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Select one:
Factor/resource

Tastes

Opportunity cost

Technology

Clear my choice

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Question 5
Due to heightened political unrest, the government in Dharma’s home country has recently developed a “black list” of
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items not to be purchased from a neighboring country. Dharma can best describe this action as imposing a(n):
answered

Marked out of 1

Select one:
Bribe

Antitrust policy

Embargo

Boycott

Clear my choice

Question 6
In _______________, religious leaders are also the political leaders.
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answered

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Select one:
secular totalitarianism

democratic totalitarianism

socialist totalitarianism

theocratic totalitarianism

Clear my choice

Question 7
Data about income distribution
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answered

Marked out of 1
Select one:
Indicates that income inequality increases in the later stages of development

Indicates that income inequality increases in the early stages of development

Illustrates the view that over time, income redistribution proceeds very rapidly in developing nations

Confirms the belief that, generally, income is less evenly distributed in the advanced nations

Clear my choice

Question 8
Which of the following is not likely to be a feature of a pure command economy?
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answered

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Select one:
Contractual rights to own and transfer property

Frequent examples of excess supply in various products

Government ownership of the means of production

An extensive planning bureaucracy

A 10 year plan

Clear my choice

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2/4/22, 3:40 PM Quiz Div. B - GBE (04.02.2022)

Question 9
High inflation rates
Not yet
answered

Marked out of 1
Select one:
Cause prices of goods and services to fall

Make capital expenditure planning easier to manage

Encourage borrowing because the loan will be repaid with cheaper money

Encourage lending because of rising interest rates

Clear my choice

Question 10
Which of the following political risks best describes the following situation? After the communist revolution in Cuba, the
Not yet
takeover of property was aimed at all foreign investors regardless of industry, nationality, or whether or not the investors’
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past behavior had been socially responsive.
Marked out of 1

Select one:
micro political risks

universal political risks

diversified political risks

macro political risks

Clear my choice

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