Test Bank for International Business: The New Realities . International Business: The New Realities, 4th edition. Published by Pearson (January 3rd 2016) Copyright © 2017. S Tamer Cavusgil Georgia State University; Gary Knight Willamette University; John R. Riesenberger President, Consilium Partners , Thunderbird School of Global Management (retired)
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International Business: The New Realities, 4e (Cavusgil) Chapter 2 Globalization of Markets and the Internationalization of the Firm 1) Which of the following is characteristic of globalization of.
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A) greater emphasis on proactive internationalization B) internationalization of firm's value chain C) new risks and instant rivalry from foreign competitors D) offshoring and the flight of jobs Answer: D Diff: 1: Easy Skill: Concept Objective: 2-1: Understand market globalization.
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For internationalizing firms, the consequences of poor business management decisions areusually more costly when mistakes occur abroad than when they occur at home. Answer: TRUE. MNEs with extensive international.
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