1) When a company has a manufacturing facilities in Malaysia, research and devel

Question

1) When a company has a manufacturing facilities in Malaysia, research and development laboratories in Germany, and sales offices in the United States, it is high on this factor.

(A) National boundaries (B) Isolationism (C) Social responsibility (D) Globalization

2) If you are a business owner, you may try to sell your products in India or China or some other impoverished, denselypopulated area, but this concept says that you will make more money selling to folks who are in the lowest level of the world's economy.

(A) Bottom of the pyramid concept (B) Emerging econometrics theory (C) One quarter rule (D) Geocentric marketing concept

3) This strategy involves making an agreement that one company will pay a royalty in exchange for the privilege of producing the product, selling the service, or the using the brand name of another company.

(A) Direct investing (B) Wholly owned foreign afilliate (C) Greenfield venture (D) Licensing

4) This is one of the problems with doing business in Africa, and it involves the lack of highways and airports, for example.

(A) Economic strategy (B) Infrastructure (C) Pre-capita income (D) Global mindset

5) People who are classified by Hofstede as having this national value tend to be very competitive and aggressive.

(A) Uncertainity avoidance (B) Masculinity (C) Collectivism (D) Individualism

6) In this type of society, relationships and trust are more important than business

(A) Femininity (B) Power distance (C) Uncertainity avoidance (D) High-context culture

7) This association of countries reduces trade barriers and establishes a common currency for most of the European continent.

(A) Central American Free Trade Agreement (B) European Free Trade Organization (C) European Union (D) World Trade Organization

Explanation / Answer

All the answers are either definitions or characterstic of that concept hence doesn't require reasoning, still let me know if any elaborate definition required.

1-D-Globalization-Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.

2-A-Botton of the pyramid

3-D-Licensing

4--B-Infrastructure

5-B-Masculinity

6-D-High Context culture

7-C-European Union

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