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    3bsa - B Finals Exam Ibt

    Uploaded by

    Maybelle Bernal
    The document contains a 30 question multiple choice quiz on international business and trade. The questions cover topics such as time zones and delivery of goods, the WTO's policies, crowd funding, human rights principles, Porter's factor conditions, corporate strategies, and more. Students are asked to select the correct answer from two or more choices for each question.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    3bsa - B Finals Exam Ibt

    Uploaded by

    Maybelle Bernal
    88 views8 pages
    The document contains a 30 question multiple choice quiz on international business and trade. The questions cover topics such as time zones and delivery of goods, the WTO's policies, crowd funding, human rights principles, Porter's factor conditions, corporate strategies, and more. Students are asked to select the correct answer from two or more choices for each question.

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    3BSA - B FINALS EXAM IBT

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    The document contains a 30 question multiple choice quiz on international business and trade. The questions cover topics such as time zones and delivery of goods, the WTO's policies, crowd funding, human rights principles, Porter's factor conditions, corporate strategies, and more. Students are asked to select the correct answer from two or more choices for each question.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    88 views8 pages

    3bsa - B Finals Exam Ibt

    Uploaded by

    Maybelle Bernal
    The document contains a 30 question multiple choice quiz on international business and trade. The questions cover topics such as time zones and delivery of goods, the WTO's policies, crowd funding, human rights principles, Porter's factor conditions, corporate strategies, and more. Students are asked to select the correct answer from two or more choices for each question.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 8

    1/26/2021 3BSA - B FINALS EXAM

    3BSA - B FINALS EXAM


    International Business and Trade

    1. Countries have different time zones that delivery of goods can be done efficiently
    through social media advertising.
    (2 Points)

    True

    False

    2. The WTO developed a trade policy on the distribution and manufacturing of


    vaccines against COVID1-19. The WTO also intervenes to the disputes of Austria
    and China concerning the anti-dumping policy of China in the importation of
    barley.
    (2 Points)

    The first statement is correct and the second is wrong.

    The first statement is wrong and the second is correct.

    Both statements are incorrect.

    3. The idea of crowd funding projects is a safe bet of investment as business will not
    get into debt in order to realize the product or service.
    (2 Points)

    True

    https://forms.office.com/Pages/ResponsePage.aspx?id=A9IFxPyzMkiHEFkdtr_s6S_kjaKr-ilAj0c9jzyexl9UNzk4SE9TUENNME5RVlVZVUVKTjY5Nk9P… 1/8
    1/26/2021 3BSA - B FINALS EXAM

    False

    4. Protection to Human Rights is a universal principle supported by the WHO.


    (2 Points)

    True

    False

    5. Changing taste and preferences of consumers is a factor condition in the view of


    Michael Porters.
    (2 Points)

    True

    False

    6. The United Nations Global Compact calls the attention of private companies to
    align their strategies with the accepted principles on profit maximization.
    (2 Points)

    True

    False

    7. Government regulations on franchising blocks new entrants to protect foreign


    investors.
    (2 Points)

    True

    False

    https://forms.office.com/Pages/ResponsePage.aspx?id=A9IFxPyzMkiHEFkdtr_s6S_kjaKr-ilAj0c9jzyexl9UNzk4SE9TUENNME5RVlVZVUVKTjY5Nk9P… 2/8
    1/26/2021 3BSA - B FINALS EXAM

    8. Expanding markets abroad also enhances good company reputation if customers


    are best served.
    (2 Points)

    True

    False

    9. Polycentric staffing hires staff from the parent country to manage the business. Mc
    Donald’s is the example of Polycentric approach.
    (2 Points)

    The first statement is wrong, and the second statement is correct.

    The first statement is correct and the second is wrong.

    Both statements are wrong.

    10. It is through marketing strategy that consumers can develop brand loyalty. It is
    therefore necessary that a company should identify the purpose of their existence
    in the global market.
    (2 Points)

    True

    False

    11. Centralized top down management is a hierarchy decision-making whereas


    decisions are laid by the top management to the lower level.
    (2 Points)

    True

    False

    https://forms.office.com/Pages/ResponsePage.aspx?id=A9IFxPyzMkiHEFkdtr_s6S_kjaKr-ilAj0c9jzyexl9UNzk4SE9TUENNME5RVlVZVUVKTjY5Nk9P… 3/8
    1/26/2021 3BSA - B FINALS EXAM

    12. Corporations were committed to support the protection of human rights as they
    discussed in the latest New York Summit.
    (2 Points)

    True

    False

    13. The business goal of increasing sales focuses on the training of middleman.
    (2 Points)

    True

    False

    14. Research and Development is one of the most expensive budget allocation of a
    company.
    (2 Points)

    True

    False

    15. Strategies in the international business is necessary in the fields of domestic


    competition.
    (2 Points)

    True

    False

    16. MIcroeconimics analysis is a tool to determine the competitive advantage of a


    company.
    (2 Points)

    https://forms.office.com/Pages/ResponsePage.aspx?id=A9IFxPyzMkiHEFkdtr_s6S_kjaKr-ilAj0c9jzyexl9UNzk4SE9TUENNME5RVlVZVUVKTjY5Nk9P… 4/8
    1/26/2021 3BSA - B FINALS EXAM

    True

    False

    17. Brand loyalty among buyers may improve the absolute advantage of an industry.
    (2 Points)

    True

    False

    18. Increase in the number of production and decrease in the variable cost refers to
    economies of scale as it lowers the production cost.
    (2 Points)

    True

    False

    19. Manpower pooling among different countries is advantageous to big businesses


    as it is more efficient.
    (2 Points)

    True

    False

    20. Businesses that outsource employees from different countries spared themselves
    from the burden of tax refund to their employees.
    (2 Points)

    True

    False

    https://forms.office.com/Pages/ResponsePage.aspx?id=A9IFxPyzMkiHEFkdtr_s6S_kjaKr-ilAj0c9jzyexl9UNzk4SE9TUENNME5RVlVZVUVKTjY5Nk9P… 5/8
    1/26/2021 3BSA - B FINALS EXAM

    21. Crowd funded projects are funded by private corporations in order to materialize
    the idea.
    (2 Points)

    True

    False

    22. Product differentiation is an edge to reduce the entry of substitute products.


    (2 Points)

    True

    False

    23. Linguistic barriers as a company’s weakness can turn into strength leading to
    commercial success.
    (2 Points)

    True

    False

    24. Scarce resources as an input in the production of goods can be used as a


    bargaining power of consumers.
    (2 Points)

    True

    False

    25. Brand culture must not be compromise by companies to generate higher margins.
    (2 Points)

    True

    https://forms.office.com/Pages/ResponsePage.aspx?id=A9IFxPyzMkiHEFkdtr_s6S_kjaKr-ilAj0c9jzyexl9UNzk4SE9TUENNME5RVlVZVUVKTjY5Nk9P… 6/8
    1/26/2021 3BSA - B FINALS EXAM

    False

    26. Business goals of expansion requires the funding of investment either long term or
    short term loans depending on the type of industry.
    (2 Points)

    True

    False

    27. Philippines produces coconut oil and Malaysia produces palm oil, the coconut oil
    has a lower cost of production, therefore, Philippines has a comparative advantage
    in the production of oil.
    (2 Points)

    True

    False

    28. Domestic competition is the common problem of small business who has the fear
    of penetrating international market.
    (2 Points)

    True

    False

    29. Global marketing is the full process of promoting products rather than merely
    selling in the international market.
    (2 Points)

    True

    False

    https://forms.office.com/Pages/ResponsePage.aspx?id=A9IFxPyzMkiHEFkdtr_s6S_kjaKr-ilAj0c9jzyexl9UNzk4SE9TUENNME5RVlVZVUVKTjY5Nk9P… 7/8
    1/26/2021 3BSA - B FINALS EXAM

    30. Using a healthier and organic ingredients in the production of cookies is an


    example of product differentiation. This can be a comparative advantage of a firm.
    (2 Points)

    Both statement is correct

    The first statement is correct and the second is wrong.

    The second statement is correct and the first is wrong.

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