Briefly define the four dimension of globalization.

What will be an ideal response?


Globalization has four major dimensions. International trade refers to the cross-border flow of goods and services; in other words, imports and exports. Foreign direct investment refers to the cross-border flow of multinational corporation investment, purchasing or establishing foreign subsidiaries and joint ventures. International investment portfolios are the cross-border flow of investment securities whereby investors buy foreign stocks and bonds but do not control foreign enterprises. Finally, immigration refers to the cross-border flow of people who are migrating from one country to another.

Business

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During which phase of the interview process are you most likely to be asked specific questions about how you handled particular situations in previous jobs?

A) the warm up B) the question-and-answer stage C) the initial screening D) when references are being checked E) the close

Business

What is the primary focus of a customer-centered company?

What will be an ideal response?

Business

Salespeople should most likely make benefit statements that:

A) cannot be matched by competitors B) match the specific needs of the customer C) match the needs of the typical buyer D) are similar in every presentation E) align with recent research

Business

If the estimated population standard deviation based on previous studies is 20 percent, the acceptable error is plus or minus 5 percent, and the z-value for a 95 percent level of confidence is 1.96, the needed sample size is approximately:

A. 196. B. 210. C. 153. D. 61. E. 48.

Business