Which of the following best describes the role that the international monetary system plays with ...

Which of the following best describes the role that the international monetary system plays with foreign firms?
 
  A) sets international currency exchange rates
  B) establishes regulations for FDI financing
  C) oversees finance and trade in developing nations
  D) guides monetary and foreign exchange activities worldwide

Question 2

Which of the following best exemplifies corporate social responsibility?
 
  A) a computer firm charging a fee for the recycling of old computers
  B) an automobile manufacturer selling low fuel economy cars and trucks
  C) a telecommunications firm charging high rates to low income customers
  D) an automotive battery firm offering to recycle car batteries free of charge

Question 3

Which of the following best explains why some service industry firms most likely enter foreign markets through FDI?
 
  A) The firm's service cannot be duplicated by a foreign based franchisor.
  B) The service of the firm requires tough intellectual property laws.
  C) The service offered by the firm requires personal interfacing with customers.
  D) The firm's service is not successful domestically, so globalization is required.

Question 4

Jessica Garza is a manager at a large retail store. Currently, Jessica has four temporary workers under her supervision that a local staffing agency has provided.
 
  In which of the following tasks related to the temporary workers should Jessica become directly involved?
  A) negotiating the pay rate
  B) setting the time-off policies
  C) answering task-related questions
  D) providing online training and development

Question 5

In a short essay, explain franchising as an entry strategy into foreign markets. Describe three advantages and three disadvantages of franchising for the franchisee.
 
  What will be an ideal response?

Question 6

In a short essay, describe three challenges faced by professional service firms when they internationalize.
 
  What will be an ideal response?

Question 7

Successful collaborative ventures may involve conflict and tension between partners rather than unity and complacency.
 
  Indicate whether the statement is true or false

Question 8

Mergers occur more often between companies of different sizes because a large company can rapidly absorb the costs of a smaller company, which lacks economies of scale.
 
  Indicate whether the statement is true or false