BUS475 charter 6-7
• Question 1
5 out of 5 points A critic of globalization might argue that companies decide to manufacture in China mainly because of China’s:
Answer
Selected Answer:
Weak health and safety regulations.
Correct Answer:
Weak health and safety regulations. • Question 2
5 out of 5 points Global market channels involve a firm producing goods in:
Answer
Selected Answer:
Their home country and exporting them to other countries.
Correct Answer:
Their home country and exporting them to other countries. • Question 3
5 out of 5 points The primary purpose of the International Monetary Fund is to:
Answer
Selected Answer:
Lend foreign currency to member countries.
Correct Answer:
Lend foreign currency to member countries. • Question 4
5 out of 5 points A firm that would like to develop a global supply chain would:
Answer
Selected Answer:
Purchase raw materials, components, or supplies from sellers in other countries.
Correct Answer:
Purchase raw materials, components, or supplies from sellers in other countries. • Question 5
5 out of 5 points Technological innovation has aided the spread of globalization by:
Answer
Selected Answer:
Leveling the playing field and allowing all to participate on an equal footing in global commerce.
Correct Answer:
Leveling the playing field and allowing all to participate on an equal footing in global commerce. • Question 6
5 out of 5 points What U.S. company is the best example of using globalization to reduce the price of its products?
Answer
Selected Answer:
Walmart.
Correct Answer:
Walmart.

• Question 7
0 out of 5 points An example of a Global Action Network, or GAN, is:
Answer
Selected Answer:
The World Trade Organization.
Correct