Globalization in Business and Society MCQs

Globalization in Business and Society MCQs

Answer these Globalization in Business and Society MCQs and see how sharp is your knowledge of Globalization in Business and Society.
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1: Bottom of the Pyramid (BOP) is an economic term that refers to the poorest two thirds of the economic human pyramid, a group of more than _____ people living in abject poverty; also known as the base of the pyramid.?

A.   4 billions

B.   3 billions

C.   5 billions

D.   6 billions

2: Boycott is a Government-imposed prohibition on the sale and exportation of certain goods from our countries ?

A.   True

B.   False

3: The act of facilitating, assisting, legitimizing, and encouraging abuse of internationally accepted ethical standards is known as ?

A.   Complicity

B.   Collusion

C.   Collaboration

D.   Concurrence

4: A company, individual, or fund invests money in another country, buying shares of stock in or loaning money is known as Foreign Direct Investment (FDI)

A.   Individual

B.   Groups

C.   General

D.   People

5: The increasing movement of goods, services, and capital across national borders is known as ?

A.   Globalization

B.   Global Citizenship

C.   Isolationism

D.   None of these

6: Exercising the rights, responsibilities, and obligations that arise from being part of a_____.?

A.   Global communication

B.   Nations

C.   Local community

D.   None of these

7: A ______ policy to be absent from alliances and other international political and economic relations ?

A.   Isolationism

B.   Jingoism

C.   Free competition

D.   None of these

8: Businesses that have assets in one than more country.

A.   True

B.   False

9: All of the following contribute to accelerating globalization except ________.

A.   A growing role for developing nations

B.   A rise in non-U.S. foreign direct investment

C.   An increase in democratization

D.   A rise in multinational enterprises

E.   An increase in trade and investment barriers

10: Soil erosion in haiti is caused largely by _____.

A.   Deforestation

B.   Energy

C.   Biodiversity

D.   Invasive species