Internatıonal Busıness (ENG) — 2021-2022 YO Çıkmış Sınav

1. Which of the following global economic system prioritizes individuals and the law of supply and demand determines the price and the control of the market? A) Totalitarian Economy B) Market Economy C) Command Economy of. D) Socialistic Economy E) Mixed Economy

2. Based on the CAGE framework, economic distance plays an important role at the industry level. Which of the followings is not a part of economic distance? A) Distribution or business systems are different. B) The nature of demand varies with income level. C) The economics of standardization or scale are limited. D) Products have a low value-weight or value-to-bulk ratio. E) Labor and other factor cost differences are salient.

3. Which of the following social responsibility is about obeying the law of the society? A) Philanthropic responsibilities B) Legal responsibilities C) Trade responsibilities D) Ethical responsibilities = Economic responsibilities

4. Which of the followings is not one of the steps that managers and employees can use in the workplace and in their daily lives to make ethical decisions? A) Make a decision and implement the course of action B) Examine the facts C) Recognize an ethical issue D) Evaluate the total benefits E) Create and evaluate alternative actions

---- refers to selling products which have been produced in one country to customers in the other country or countries. Which of the following | completes the sentence above correctly? A) Licensing ular.net B)E Foreign Direct Investment C) Subcontracting D) Exporting E) Importing