International Management

more intertwined

As international trade expands, the economies of the worlds nation-states are becoming

Manufacturing

During the early years of globalization, outsourcing was primarily confined to _________ activities.

To cooperate in solving international problems maintain international peace and security, develop friendly relations among nations and be a center for harmonizing the actions of nations

What are the four purposes of the United Nations according to its charter?

Today, nearly every nation in the world belongs to the United Nations

What statement accurately describes the current membership of the United Nations?

Foreign direct investment

When a company invest in a company or entity outside its home country, it is participating in

The impediments make it difficult for companies to maximize production activities

Which of the following describes the impact of existing impediments to globalization?

World Trade Organization (WTO)

Which of the following organizations is responsible for policing the rules of trade between nations and making sure countries adhere to the rules of trade treaties?

investment made by a company based in one country into a company or entity based in another country

Foreign direct investment is a(n)

Globalization

refers to the shift toward economic international integration

computer power will double approximately every 18 months

Moore's Law predicts that

True

T/F: The international monetary fund (IMF) was established to ensure the stability if the international monetary system.

finance ministers

The G20 is comprised of _____________ from the 19 largest economies in the world

Formulate a coordinated policy response to financial crises in developing countries.

The G20 was originally established to ___________

A reduction in the cost of global communications

The development of the microprocessor has lead to ________.

compromising the jurisdiction and decision making powers of the receiving country

The international monetary fund has been criticized for

total cumulative value

The stock of foreign direct investment refers to the ________ of foreign investments as a percentage of the countrys GDP

more than half

The year 2017 is the first year that ________ of the worlds population were internet users.

The rise of non U.S. multinationals, the growth of mini-multinationals.

There have been two notable trends in the demographics of multinational enterprises since the 1960s. These include

United States

Through the 1960s, which country dominated world foreign direct investment?

The Globalization of markets

Historically, national markets were distinct and separate entities. Today, these separate national markets have merged. This process is known as

Enforces its economic policies on nations

In return for offering loans, the International Monetary Fund (IMF)

It has diminished in power

In the early 1960s, the U.S. was the world's dominant industrial power. How does the U.S. position compare today?

Economic

While it is known for its peacekeeping role, the United Nations devotes nearly 70% of its work toward promoting conditions of ___________ progress.

To lower their overall cost structure or improve the quality of their product offering

Why do companies engage in the globalization of production?

transportation cost

are a potential impediment to globalization of production