Tutorial 1: Globalization

Companies lower cost structure or improve functionality/quality through globalization

A) True
B) False

Consequence of globalization
Increased outsourcing of services

Exporting goods or services to consumers in another country leads to..

The world bank is known as a lender of the last resort
True False

A multinational enterprise (MNE) is a firm that...

Normally found in demographics of the MNE

Globalisation leads firms to find that their home markets are protected from competitors
True False

Globalisation increases the power of ...

International business, unlike MNEs, need not invest directly in...

The total cumulative value of foreign investments is referred to as...