Outsourcing certain value-added activities with foreign suppliers is known as ________.
A) offshoring
B) global resourcing
C) privatization
D) subsidizing
Question 2Emerging markets are important in international business and trade due to their high representative percentage in which of the following categories?
A) middle-class population
B) energy usage
C) exports
D) FDI
Question 3What is the purpose of conducting a SWOT analysis? As an international manager, how would you conduct a SWOT analysis? How would you use the gathered information?
What will be an ideal response?
Question 4All of the following are typical characteristics of advanced economies except ________.
A) democratic governments
B) capitalist economies
C) medium trade volume
D) few trade restrictions
Question 5South Africa exports _________, which is/are used in many industrial processes?
A) textiles
B) bauxite
C) oil
D) diamonds
Question 6Why have international banks increasingly provided their own overseas operations rather than using correspondent banks?
What will be an ideal response?