1. Which of the following describes the size of a country's economy?
A. Gross domestic product
B. Exporting
C. Per Capita Welfare
D. Purchasing power parity rates
2. Which type of corporation has corporate units in several countries, but operates as one organization worldwide?
A. Global
B. Franchising
C. Multinational
D. Licensing
3. Which category description of national culture is characterized by high levels of achievement, material award, and assertiveness?
A. Masculine/Feminine
B. Uncertainty Avoidance
C. Individualism/Collectivism
D. Normative/Pragmatic
1. A. GDP
The gross domestic product represents the nation’s overall economy
based on the final goods in and out of the system.
2. A. Global
A global organization has units in several countries but operates
as a single unit worldwide, following the same structure and
performing the same functions.
3. A. Masculine-feminine
It is the cultural dimension which focuses on the values of
achievement, assertiveness, etc.
1. Which of the following describes the size of a country's economy? A. Gross domestic...
Which of the following would have the greatest positive impact on a country's domestic economy? A. An increase in spending on imports from other countries. B. An increase in spending by foreigners on the country's exports C A decrease in the confidence of foreign investors in the country's economy D A decrease in the incomes of consumers in foreign countries.
Which of the following is NOT true about gross domestic product (GDP)? a. It includes only final goods and services. b. The values are measured in current dollars c. Intermediate goods and services are excluded to prevent double counting. d. It includes the value of transfer payments. The gross domestic product (GDP) excludes: a. the value of intermediate goods produced. b. the spending by government on new roads and bridges. c. household spending on goods and services. d. the increase...
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