TWU 13FABUS318353 INTRO TO INTERNATIONAL BUSINES- quiz 2

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Question 1
10 out of
10 points

In the United States, procurement often exists in
a web of social relationships and friendships.

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Question 2
10 out of
10 points

Power distance is similar to inequality, but
defined from above, not from below.

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Question 3
10 out of
10 points

The unspoken language includes aspects of work
spaces.

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Question 4
10 out of
10 points

Assuming one’s own culture to be superior to
other cultures is known as:

·
Question 5
0 out of
10 points

In a diffuse culture:

·
Question 6
0 out of
10 points

Privatization means the ownership transfer from
government to private entities.

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Question 7
10 out of
10 points

Country risk assessment is an evaluation,
conducted by a bank or business, that assesses a country’s economic situation
and policies and its politics to determine how much risk exists of losing an
investment.

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Question 8
10 out of
10 points

Unfair competition caused by a nation’s low
requirements for bank capital-asset ratios is known as _____.

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Question 9
10 out of
10 points

Cash payments, government participation in
ownership, low-cost loans to foreign buyers and exporters, and preferential
tax treatment are examples of _____.

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Question
10
10 out of
10 points

Under Non-quantitative barriers, subsidy is the
most common form of _____.

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Question
11
10 out of
10 points

Arbitration is a dispute resolution mechanism
that is an alternative to litigation.

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Question
12
10 out of
10 points

Product liability is the standard that holds a
company and its officers and directors liable and possibly subject to fines
or imprisonment when its product causes death, injury, or damage

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Question
13
10 out of
10 points

_____ are agreements between countries and may
also be called conventions, covenants, compacts, or protocols.

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Question
14
10 out of
10 points

An FAS is an inco-term where _____.

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Question
15
10 out of
10 points

A _____ is a government grant giving the inventor
of a product or process the exclusive right to manufacture, exploit, use, and
sell that invention or process.