What motivates a firm to expand geographically? Explain your answer. Come browse our large digital warehouse of free sample essays. 0000020279 00000 n Describe at least one negative aspect of globalization. Language, Romance, Depending on the level, it may also be necessary to pre-teach any challenging vocabulary related to globalisation contained in the discussion questions. 1. Explain. The reality of 'going global' is that the entrepreneur must understand the needs of the: \\ A) suppliers. What can be said about the benefits and problems of each dimension (economic, cultural, political and environmental) of globalization? True B. A. Indicate whether the statement is true or false. Explain your answer. That percentage is the highest since the survey began in 2001. What are the three challenges faced by professional service firms when they internationalize? Why does the price of gasoline rise when a war or unrest breaks out in the Middle East? What are the major drivers of globalization and the related opportunities for managers? This process describes the changes in society and the world economy by creating a linkage and increasing exchange between individuals, organizations, or nations from a cultural perspective, and economics on a . History, Globalization has several different facets including the globalization of markets and . Should countries learn to be self-sufficient or import the things they need? 0000023040 00000 n Justify your answer. b. complementarity between economies. Air Travel, A) increase in cost of production B) lower profit margins C) high pricing power for companies D) more choices for customers. trailer <]/Prev 93473>> startxref 0 %%EOF 106 0 obj <>stream Access the answers to hundreds of Globalization questions that are explained in a way that's easy for you to understand. What benefits might a company obtain from the globalization of markets? Would this be a good thing? Identify some of the benefits of globalization. Some of the key elements to support the increase of globalization is/are: a. Indicate whether the statement is true or false. [{Blank}] is an example of an opportunity to use an emerging market country to export goods to better developed countries and markets? Which of the following is the LEAST likely reason that small countries worry about over-dependence caused by globalization? Which one of the following characteristics of globalization is the most likely explanation for such an increase in contestability? Read this essay on Mgt 448 Globalization Questionnaire. a. Test your understanding of Globalization concepts with Study.com's quick multiple choice quizzes. 0000006244 00000 n In recent years, which of the following has lessened the criticisms of MNCs? As industrialization continues to spread to all parts of the world, questions on its sustainability have been raised and particularly with regard to its many positive effects. Indicate whether the statement is true or false. Give examples of ways that globalization has helped you economically and ways that it has not. Describe some internal and external factors that need to be considered before deciding on the mode of entry for a company. All rights reserved. A) domestic marketing B) market segmentation C) international business D) global manufacturing. Can it be stopped? C) A global firm sees Can a local company remain local and survive in this new age of globalization? A) increased slightly B) decreased sharply C) increased sharply D) decreased slightly, As a result of globalization, the amount of cargo passing through U.S. ports has [{Blank}] . What are the strategies your organization must use to compe Can all fundamental concepts of organizational and managerial activities be unified and standardized? Describe the general environmental challenges of international management that a manager faces in the global environment that she/he would not face in a domestic one. As you know recently, Great Britain voted in support of a "Brexit" from the European Union, and they filed the official "divorce papers" of dissolution from the EU. Essay Questions On Globalization: 10 Ideas For High School. Is it bad that McDonald's and Starbucks have stores in almost every country? Globalization Question 1: Among the following challenges to Indian democracy, which one is not related to globalization : De-politicization. The Future, The dispersal of manufacturing activities by the company indicates [{Blank}]. Marriage, Is globalization a positive force overall? True or false? A) internationalization of countries B) countries moving into international markets C) individuals collaborating or c A global mind-set can allow a manager to influence individuals, groups, and organizations from diverse sociocultural and institutional environments. Why has the pace of globalization quickened since the 1950s? Indicate whether the statement is true or false. Market globalism 2. justice globalism 3. religious globalism Provide Examples of each. Discuss some of the additional information managers would need and Do globalization and financialization undermine labor's bargaining power? A. Think globally act globally b. The workplace is being transformed before our very eyes. International Marketing, This quiz will test your knowledge of the effect of Globalization on Institutions. Identify some of the costs of globalization. What are the major arguments in favour of globalization? False. Suppose foreign central banks increase their official holdings of U.S. government securities. Do you think there will be a single global currency some day? Globalization can best be defined as: a. Look for virtual friendly content where there is a VF in the individual 01 02 In our school, students learn about the cultures (e.g. Globalisation is the world becoming more interconnected through trade and cultural exchange. A fact about the effect of globalization is that multinational corporations: a) often take advantage of the unrestrictive legal environments of less-developed countries. "Question generation promotes a deeper elaboration of the learning content," Ebersbach told Edutopia. Indicate whether the statement is true or false. Explain to students that globalization, in its simplest form, means a more connected world. Discuss the impact of globalization in reducing the cost of production. Indicate whether the following statement is true or false: Critics of globalization argue that it eliminates jobs in developing nations. SOLUTION: Globalization And Questionnaire - Studypool Its plant locations all lie within the boundaries of its own nation. c. finding customers in other countries. Indicate whether the statement is true or false. The move toward a global economy has strengthened the adoption of conservative economic policies by developing nations. Here discuss ten basic questionnaire about Globalization. List three specific things that we can do to maximize the potential of globalization while minimizing its deleterious effects. For further information about the site and its author, see the about page. The global economy has its most immediate impact on domestic firms through: a) Geo-political events b) The growth of currently underdeveloped markets c) Currency exchange rates d) Actions taken Give a specific business example of how people in different regions are interconnected. The following cities are also important financial centers of the world: A) New York B) London C) Tokyo D) All of the above. Discuss the main aspects and key concepts of globalization as an operations manager. Discuss the impact globalization has on healthcare in the United States. How has globalization helped to lower poverty levels? Test your understanding with practice problems and step-by-step solutions. The development of civilization in the 21st century is facing various problems that require international cooperation to solve. Globalization and global trade have led to increased competition in world markets and increased allocation of scarce resources. According to this information, ABC Company is: a. against globalization b. a multinational ent Silver Fire Electric Inc., a U.S.-based company, has productive activities in more than two countries. New Business, Social media is a form of communication in which people exchange information and ideas in virtual communities and networks. Explain. B. Many people feel that as globalization increases, war becomes less likely. Globalization also captures in its scope the economic and social changes that have come about as a result. globalization, comparative advantage, economic growth, exchange rates, and other international topics. Explain. Strategy, 1) The influence of globalization in managing strategically can be demonstrated in: A. the global marketplace. E) regionalization. Using an interesting reading passage about global warming, learners answer true and false questions related to the topic. Instructor Site. In which direction will the current crises, i.e. Alternatively, you could use the 'cards' format to distribute the questions to any number of students to ask and share. Indicate whether the statement is true or false. Identify the pros and cons for individual countries and citizens as a result of the process of globalization. Discussion Questions. Have you or your employees lived in other cultur Economic globalization includes the following a) the spread of culture and ideas, international trade, international migration. The investment in country Z generates a 7.5% return before tax and 6% after. 1) How would you define globalization? a. Jan 14, 2021. Describe the three approaches to managing an international subsidiary. B) Globalization can't be stopped. worksheet summary. D) business. Cultural issues are minimal. 0000012790 00000 n Going global always means: A) increased profits B) new synergies C) loss of jobs in the home country D) organizational change e. all of the above. is based on survey questionnaires administered to 263 undergraduate minority students at AAMU (Alabama A & M University). Significant homogenization of world consumer needs and wants. Cultures, Which of the following has accelerated the globalization of financial markets? With this resource, students will learn all about globalization through reading engaging passages on differentiated reading levels. Use our essays to help you with your writing 1 - 60. Briefly describe the economy of Peru and how the country has been affected by globalization in the last 5-10 years. What are some of the benefits and costs of globalization for different sectors of society (companies, workers, communities)? Is it possible to be an individual in a world of more than seven billion people. Which of the following statements would most likely be made by a SUPPORTER of globalization? Ethics, Organisation, 0000002075 00000 n Indicate whether the statement is true or false. 0000011498 00000 n Describe and explain the mutual relationship between technology and culture. How does a company s internal makeup affect the speed in which it goes glo What is globalization and what are seven evidences of globalization? This is an educational leaflet produced by the Spanish Students Union (SE) about the movement against capitalist globalisation. 0000010980 00000 n Describe the impact on U.S economic growth due to China and India's global integration. Globalization is one of the driving forces in the twenty-first century business environment. Which of the following developments most clearly reflect a significant economic impact of globalization on develops nations during the late 20th century and early twentieth centuries? The U.S. industry that has suffered the most losses from globalization is manufacturing. Is learning from international operations automatic for firms? All other trademarks and copyrights are the property of their respective owners. From climate change to the governance of emerging technologies, the list of challenges faced by future leaders is long. Training, copyright 2003-2023 Homework.Study.com. There are pros and cons to globalization, all of which have economic . The conclusion of the report "The Limits to Growth" published by the Club of Rome in 1972, was widely criticized because they were based on analyses that a. ignored the potential ability of technol How has globalization affected the English language? True b. Discuss the costs associated with internationalization. After World War II, the advanced industrial nations of the West committed themselves to increasing barriers to the free flow of goods, services, and capital between nations. Explain why you think it was or was not a globalized system. 0000004313 00000 n Globalization is driven by international trade and aided by information technology. Social Media Questions for Students. [{Blank}] is a process of doing business worldwide, so strategic decisions are made based on global profitability of the firm rather than just domestic considerations. support1770. 0000017122 00000 n Download these Free Globalization and its drivers MCQ Quiz Pdf and prepare for your upcoming exams Like Banking, SSC, Railway, UPSC, State PSC. Critics of globalization have argued that globalization has damaged local cultures around the world. Discuss whether globalization is good or bad for the US? How globalization may affect cost estimation in project manager's point of view? voting. See Policies Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following . 01 02 In our school, students learn about different cultural perspectives b. reducing exports to other countries. Which of the following has not been a major driver of globalization over the past few decades? 0000002579 00000 n Has too much American culture spread around the world? Globalization Questionnaire As the modern companies evolve with new technologies, many organizations are forced to be under competitions striving to. The demand of energy and resources to satisfy people' needs, exploiting natural resources in developed countries 3. Family, What effect do humans have on the environment? Improve supply chain c. Understand new markets d. Attract and retain global talent e. All of the ab What global realities have made technology, finance, goods, and services accessible to the World? Health, Being done / Been done. The primary problems that need international . What are the advantages and disadvantages of a global economy, including culture, values, and ideals? What are the forces against internationalization and the forces in favor? Globalization Questionnaire This is an evaluation based upon a global questionnaire. b. lowers prices and increases productivity. From a purely economic perspective, globalization is all good. What is the impact of globalization on the specialization ability of a firm and the competitive process? 1. 1. There's a curious phenomenon to ESL teaching, one to which I'm still adapting, after nearly twenty years in the classroom. What is the primary difference? Childhood, Explain the effect of globalisation in making rich richer and poor poorer. Globalizing firms must reconcile the natural tension between local preferences and global standards. The following are possible questions that emerge from keywords associated with the environmental humanities that instructors can pose to their students: Nature, Nature Writing, Pastoral, Place, Landscape. The two major aspects of a country's environment are its heritage and culture. Indicate whether the statement is true or false. How is that related to the concept of glo Why do U.S. corporations build manufacturing plants abroad when they could build them at home? C. Greater coordination. Will everyone in the world speak English one day? (a) True (b) False. State the uncontrollable elements that businesses have to encounter as they conduct business globally. Describe the three types. A. Discuss the primary advantages and disadvantages of globalization. It's also a platform where you can share your thoughts, feelings, or opinions as well as read others' stories. Do you think political and economic unions like the EU are a good thing? The influence of globalization in managing strategically can be demonstrated in A) the global marketplace. How does globalization affect the specialization ability of a firm and the competitive process? Justify your answer. 0000006156 00000 n Who are the winners and losers within the United States? And professional athlete B is an average player. Should governments reduce immigration to protect local workers? Crisis Management, What is Globalization. How does this globalization affect the choices you face in your economic decisions? Which of the following is true with regard to global sourcing? How do countries cope with being winners and losers from globalization? An anecdote, quiz question or a related Why should domestic managers have an understanding of globalization and international business? Within a couple of days, a new custom . Why are many Americans upset about trade and globalization? 0000025895 00000 n Answer (Detailed Solution Below) Option 4 : Politics of defection. The establishment of its own sales company with offices in other countries to eliminate the middlemen and to better control marketing occurs in which stage of international development? Ansu Mishra. Which of the following is commonly used to lower labor costs by firms in stages 3, 4, and 5 of internationalization? has put pressure on supply chain managers to improve speed and balance resources against competitive pressures. Discuss the primary advantages and disadvantages of globalization. What does this definition mean for international economies, and how does it affect them in the long run? What are the pros and cons for individual countries and citizens as a result of the process of globalization? Through the Industrial Revolution, local-global connections like this began to be established. A standard essay helper is an expert we assign at no extra cost when your order is placed. States in the mid-1930s (Converse, 1987), survey research took root in other countries (Worcester, 1987). Week 4-Uninformed Citizenry. Explain whether the following statement is true or false. If so, how? I}lv{w|v>5t[5}o5trhvz=+~=yp:Uw I$k{nSI}W+x6q9_yq zM=QVC'Q#IY~EFA9tA]@@{jMM 0000001036 00000 n . JAScf>K}};]3[NvIe6jHMz}R.M Global expansion can actually detract from corporate profitability. Indicate whether the statement is true or false. least one form of student engagement related to the lesson. Melamark LLC has customers on four continents. Are nations losing their national identities because of globalisation? . Describe three macroeconomic drivers behind globalization. What are some of the main benefits and costs of globalisation? Customer Service, How does globalization impact an individual consumer? Define four mechanisms companies use to globalize their business activities. Globalization Questionnaire Paper Discussion Questions. a. international trade b. foreign direct investment c. globalization d. containerization. Indicate whether the following statement is true or false: Globalization of business has been stimulated by institutional developments that aid foreign trade and investment. 10 Key Questions About Globalization - Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read online for free. Indicate whether the statement is true or false, International strategies are typically limited to just huge multinational companies. Which is greater, the benefits or costs of globalization? Which of the following defines a foreign-based entity that uses a functional currency different from the local currency? . Get the knowledge you need in order to pass your classes and more. Third Conditional, Indicate whether the following statement is true or false: International business is any commercial transaction that crosses the borders of two or more nations. A) Firms are becoming less dependent on foreign markets for raw materials. The internationalization life cycle starts with a firm [{Blank}] . H\@E^,F ;^A|,A, Y^S>vN/:?cf1QluxvOy]{?G0?.qMzD_[{.a/b>WeaRz/xQ&cbiN$jl9. Discuss the impact of globalization on ethical dilemmas for managers. It is advisable to prepare students for using these discussion questions by first introducing them to the topic of globalisation in an interesting and engaging way. Indicate whether the statement is true or false.

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