Question : 51.Which of the following statements most likely to be true : 1299183

51.Which of the following statements is most likely to be true of outsourcing?  

A. Dispersing value-creation activities through outsourcing tends to increase the costs requires to develop a product offering.

B. In today’s world, outsourcing efforts are primarily confined to manufacturing activities, and do not include service activities.

C. Outsourcing production to foreign countries increases the chance for companies to gain significant orders for their products from those countries.

D. Outsourcing always increases the time required to develop a product, and allows no manufacturing flexibility.

E. A multinational company cannot customize its products for local markets of different countries if it outsources its production activities.

52.A software company uses engineers in India to perform maintenance functions on software designed in the United States, and it also uses Indian accountants to compile tax returns. According to this information, the U.S. based company is most likely using:  

A. outsourcing.

B. job sharing.

C. job rotation.

D. franchising.

E. apprenticeship.

53.Early outsourcing efforts were primarily confined to _____.  

A. accounting activities

B. manufacturing activities

C. healthcare services

D. educational activities

E. consulting services

54.Which of the following reasons has made outsourcing of service activities to low-cost producers in other nations possible? 

A. Increasing diversity in material culture among national markets

B. Government regulations limiting certain service activities in the home country

C. Increasing foreign competition in manufacturing industries

D. Rise in communism globally

E. Use of modern communications technology

55._____ is an international treaty that committed signatories to lowering barriers to the free flow of goods across national borders and is the predecessor to the World Trade Organization.  

A. North American Free Trade Agreement

B. Commonwealth of Independent States Free Trade Agreement

C. Kyoto protocol

D. General Agreement on Tariffs and Trade

E. Agreement on Trade-Related Aspects of Intellectual Property Rights

56.The globalization of production mainly occurs due to the:  

A. growing cultural homogeneity across markets.

B. increasing differences in the tastes and preferences of consumers in different nations.

C. national differences in the cost and quality of factors such as labor, energy, land, and capital.

D. rise in communism the world over.

E. increasing worldwide demand for unskilled workers.

57.The World Bank was primarily created in 1944 to:  

A. preserve peace through international cooperation and collective security.

B. promote economic development.

C. render judgments on disputes submitted to it by member states.

D. furnish advisory opinions on questions referred to it by authorized bodies.

E. promote respect for human rights.

58.In 1944, the IMF was established to:  

A. maintain order in the international monetary system.

B. preserve peace through international cooperation and collective security.

C. promote respect for human rights.

D. control the fossil-fuel emissions of the member states by imposing monetary fines.

E. formulate a coordinated policy response to financial crises in developing nations.

59.Which of the following is an argument put forth by critics of the IMF?  

A. It increases barriers to the free flow of goods and investment across national borders.

B. It only provides assistance to developing nations and completely ignores the developed nations.

C. It is not powerful enough to ensure that the nation-states adhere to the rules laid down in trade treaties.

D. It promotes the rise of communism across the globe.

E. It usurps the sovereignty of nation-states by telling governments what economic policies they must adopt.

60.The _____ was established in 1945 by 51 countries committed to preserving peace through international cooperation and collective security.  

A. Greenpeace organization

B. Amnesty International

C. League of Nations

D. United Nations

E. G-20