Reference no: EM132834364
Q1. Which three Select one or more:
a. Relative total factor productivity.
b. Exchange rate of the following elements are included in the calculation of 'Relative Unit Labour Costs' (RULC)?
c. Relative labour productivity.
d. Relative capital costs.
e. Relative labour costs.
Q2. Which three of the following ratios are used in constructing the transnationality index?
Select one or more:
a. Foreign sales to total sales.
b. Foreign assets to total assets.
c. Foreign employment to total employment.
d. Foreign costs to total costs.
e. Foreign managers to total managers.
Q3. Which two of the following are most likely to be associated with a cost-oriented multinational?
Select one or more:
a. Global rationalisation of production operations to gain maximum economies of scale.
b. Using conglomerate mergers on an international scale to reduce risks.
c. Using backward vertical integration to secure components from lower-priced overseas locations.
d. A health care company establishing overseas affiliates in high income countries with ageing demographic profiles.
e. Establishing assembly operations in close geographical proximity to major international markets.
Q4. Which two of the following are most likely to be associated with a market-oriented multinational?
Select one or more:
a. Establishing assembly operations in close geographical proximity to major international markets.
b. Global rationalisation of production operations to gain maximum economies of scale.
c. Using conglomerate mergers on an international scale to reduce risks.
d. A health care company establishing overseas affiliates in high income countries with ageing demographic profiles.
e. Using backward vertical integration to secure components from lower-priced overseas locations.
Q5. Which two of the following might be regarded as location-specific advantages for multinational involvement?
Select one or more:
a. Setting up an overseas production operation because of the uncertainty of franchising operations to 'local' firms already in the market.
b. Exploiting a well-established global brand image to dominate overseas markets.
c. Undercutting the prices of 'local' producers in overseas markets by exploiting the global economies of scale available to the multinational.
d. Seeking to extend the product life-cycle by moving into overseas markets which are still in the 'growth' phase for that product.
e. A high-tech electronics company moving into highly regarded university science parks overseas.
Q6. Answer true or false to the following statement.
Shrinking space, shrinking time and disappearing borders are all characteristics of ownership specific advantages.
Select one:
True
False
Q7. Answer true or false to the following statement.
Economists tend to view globalisation in terms of the rise of a global culture and the domination of the media by global companies.
Select one:
True
False
Q8. Answer true or false to the following statement.
A multinational engaging in exploration in one country, component production in another and assembly in a third might be called a vertically integrated multinational.
Select one:
True
False
Q9. Answer true or false to the following statement.
A multinational engaged in the assembly function in three separate countries might be called a vertically integrated multinational.
Select one:
True
False
Q10. Answer true or false to the following statement.
The rise of world-wide consumer markets with world-wide brand recognition is an aspect of globalisation.
Select one:
True
False