General Global Business Questions Please answer the followin…
General Global Business Questions Please answer the following questions. Two (2) points per question for a total of 10 points. 1. Which of the following is an example of an informal institution: a. Lawsb. Culturec. Rulesd. Regulations 2. From a Corporate Social Responsibility viewpoint, which of the following groups are considered stakeholders of a multinational company: a. Employeesb. Customersc. Local Communitiesd. Stockholderse. All of the above 3. Globalization is: a. The close integration of MNE’s of the world b. The close integration of countries and peoples of the worldc. Supported by nearly all worldwide NGO’s d. Opposed by nearly all MNE’s 4. MNE’s possess both tangible and intangible capabilities/resources. Which of the following is an example of a tangible capability/resource: a. Company reputationb. Innovation process c. Management talentd. Manufacturing plant 5. Currently, US dollar to Euro exchange rate is 1 euro = US $ 1.12. If the US dollar strengthens (appreciates) by 10% against the Euro, the new exchange will be: a. 1 Euro = US $ 1.23b. 1 Euro = US $ 1.01c. 1 Euro = US $ 1.12d. 1 Euro = 2 Yuan