Question 1

____ is an example of offshoring.&#10;A) Moving a production plant to Taiwan&#10;B) Hiring a graphic design company in India to create your product's packaging&#10;C) Setting up satellite warehouses for your company in Seattle,Chicago,and Atlanta&#10;D) Buying office supplies from a company in Hong Kong

Accepted Answer

Offshoring involves relocating a business process or operation from one country to another, typically to leverage cost advantages. Moving a production plant to Taiwan is an example of offshoring.

Question 2

____ refers to changes in societies and the world economy resulting from dramatically increased international trade and cultural exchange.&#10;A) Outsourcing effect&#10;B) Globalization&#10;C) Telecommunications&#10;D) Ergonomic change

Accepted Answer

Globalization refers to changes in societies and the world economy resulting from dramatically increased international trade and cultural exchange. The other options are not directly related to the concept of globalization.

Question 3

When using a distributed workforce,collaborators are chosen based on ____.&#10;A) quality&#10;B) price&#10;C) location&#10;D) both a and b

Accepted Answer

In a distributed workforce, collaborators are often chosen based on both quality and price. Location is less of a determining factor due to the nature of distributed teams working remotely.

Question 4

A benefit to the United States of offshoring is ____.&#10;A) an increase in the domestic labor market&#10;B) growing prosperity in developing nations,which raises demand there for American goods and services&#10;C) a higher income tax base&#10;D) a reduction in global competition

Accepted Answer

Offshoring can result in the growth of foreign economies, increasing demand for American goods and services, which can benefit the US economy.

Question 5

An international company has no fixed home country,and manufactures and markets its brands internationally.

Accepted Answer

The answer of An international company has no fixed home...

Question 6

Offshoring involves a company moving a production line from the United States to another country,often to take advantage of cheaper labor and lower taxes.

Accepted Answer

Offshoring does involve a company moving a production line from one country (in this case, the United States) to another country (often one with cheaper labor and lower taxes).

Question 7

The workforce of tomorrow will need fewer technology skills and more financial skills to succeed.

Accepted Answer

With the increasing role of technology in the workplace, it is expected that the workforce of tomorrow will need more technology skills to succeed. However, financial skills will also continue to be important for managing budgets, investments, and business operations.

Question 8

A global company often has no easily defined home country.

Accepted Answer

The answer of A global company often has no easily...

Question 9

Today's ____ must be savvy with current technologies and be able to work as a team with others from diverse cultural backgrounds.&#10;A) stockholders&#10;B) knowledge workers&#10;C) gamers&#10;D) protocol enforcers

Accepted Answer

Knowledge workers are professionals whose primary job is to create, manipulate, or distribute information. In today's fast-paced and globalized world, knowledge workers must be proficient in working with current technologies and collaborating with team members from diverse cultural backgrounds to achieve their objectives. Stockholders are individuals or organizations with an ownership interest in a company, and their involvement is not directly related to technology or cultural diversity. Gamers and protocol enforcers are also not directly related to the skills required for modern knowledge workers.

Question 10

A rise in global business relationships has meant a growing interdependence between cultures and nations.

Accepted Answer

With the rise of global businesses, nations and cultures are becoming more interdependent as they work together for mutual benefits.

Question 11

A(n)____ company maintains its management and business operations in its home country while exporting or importing products to and from other countries.&#10;A) international&#10;B) multinational&#10;C) global&#10;D) transnational

Accepted Answer

The answer of A(n)____ company maintains its management and business...

Question 12

____ is an example of outsourcing.&#10;A) Moving a production plant to Taiwan&#10;B) Hiring a graphic design company in India to create your product's packaging&#10;C) Setting up satellite warehouses for your company in Seattle,Chicago,and Atlanta&#10;D) Buying office supplies from a company in Hong Kong

Accepted Answer

The answer of ____ is an example of outsourcing.&#10;A) Moving...

Question 13

The Y2K scare in 2000 played a significant role in the U.S.business practice of outsourcing to programmers in India.

Accepted Answer

The answer of The Y2K scare in 2000 played a...

Question 14

Google ended its business with China due to Google's unwillingness to censor search results on its site.

Accepted Answer

The answer of Google ended its business with China due...

Question 15

Often,it is difficult to name a home country for a(n)____ business.&#10;A) international&#10;B) multinational&#10;C) transnational&#10;D) global

Accepted Answer

The answer of Often,it is difficult to name a home...

Question 16

The boom in collaboration between U.S.companies and workforces in India created a need for ____.&#10;A) Internet 3.0&#10;B) transatlantic telecommunications infrastructure&#10;C) project management workflow software&#10;D) all of these

Accepted Answer

The answer of The boom in collaboration between U.S.companies and...

Question 17

The demand for low-skilled labor in the United States is decreasing,while the demand for high-skilled labor is increasing.

Accepted Answer

The answer of The demand for low-skilled labor in the...

Deck 42: Globalization