1. Working for a Multinational Corporation

Test 1

1、多选题:
‏Why multinational firms establish subdiaries in other countries?‌‏‌
选项:
A: Cheap labor
B: Raw material inputs
C: Beautiful environment 
D: Far away from multinational firms
答案: 【 Cheap labor;
Raw material inputs

2、多选题:
‎The advantages of multinational firms. ‍‎‍
选项:
A: Create jobs
B: Create jobs
C: Improve technology
D: Exploit developing nations
答案: 【 Create jobs;
Create jobs;
Improve technology

3、判断题:
‏There is only one term for multinational corporations.‌‏‌
选项:
A: 正确
B: 错误
答案: 【 错误

4、判断题:
‏Corporation has its facilities and other assets in at least one country other than its home country.‎‏‎
选项:
A: 正确
B: 错误
答案: 【 正确

5、判断题:
‍Multinational firms could improve global relations through commercial ties.‎‍‎
选项:
A: 正确
B: 错误
答案: 【 正确

6、判断题:
‍All MNCs provide pension funds to their employees.‍‍‍
选项:
A: 正确
B: 错误
答案: 【 错误

7、判断题:
‎China is one of the world's most hyped investment locations. ‍‎‍
选项:
A: 正确
B: 错误
答案: 【 正确

8、判断题:
‎The growing challenges are arising in MNCs.‎‎‎
选项:
A: 正确
B: 错误
答案: 【 正确

9、判断题:
‍It's easy to become familiar with distinctive corporate cultures and styles.‍‍‍
选项:
A: 正确
B: 错误
答案: 【 错误

10、判断题:
‏Top executives with all of the above plus knowledge skills and experience of living and working in China is necessary.​‏​
选项:
A: 正确
B: 错误
答案: 【 正确

11、判断题:
‌Chinese "going global" strategies emerged.‌‌‌
选项:
A: 正确
B: 错误
答案: 【 正确

12、判断题:
‍In MNCs , the biggest challenge will be access to sufficient capital. ​‍​
选项:
A: 正确
B: 错误
答案: 【 错误

13、判断题:
​Certain jobs in a MNC don't exist in domestic companies. ‍​‍
选项:
A: 正确
B: 错误
答案: 【 正确

14、判断题:
‌If you join in a MNC, you can travel when doing business.‌‌‌
选项:
A: 正确
B: 错误
答案: 【 正确

15、判断题:
‏If you join in a MNC, you can transfer internally.‏‏‏
选项:
A: 正确
B: 错误
答案: 【 正确

16、判断题:
‏If you join in a MNC, one of the disadvantages is the idea that you’re too small or too powerless.‎‏‎
选项:
A: 正确
B: 错误
答案: 【 正确

17、判断题:
‎If you join in a MNC, it is little more complicate to do your work.‎‎‎
选项:
A: 正确
B: 错误
答案: 【 正确

18、判断题:
‎SCs pay higher salaries than MNCs.‏‎‏
选项:
A: 正确
B: 错误
答案: 【 错误

19、判断题:
‍In real world, only bad acquisitions are an everyday occurrence.‍‍‍
选项:
A: 正确
B: 错误
答案: 【 错误

20、判断题:
‍My Company is Acquired by a Really Big Company,this combination can be brought on to add value.‎‍‎
选项:
A: 正确
B: 错误
答案: 【 正确

21、判断题:
‏My Company is Acquired by a Really Big Company, one company has the product and the other needs to has distribution channel.‎‏‎
选项:
A: 正确
B: 错误
答案: 【 正确

22、判断题:
‌In MNCs you have bulit might not carry on so be ready to say goodbye to some of things is necessary.‎‌‎
选项:
A: 正确
B: 错误
答案: 【 正确

23、判断题:
‍An acquisition is the purchase of one company in which a new company is formed.‌‍‌
选项:
A: 正确
B: 错误
答案: 【 错误

24、判断题:
‌Company can expand abroad by either Acquiring another company or Merging with them.​‌​
选项:
A: 正确
B: 错误
答案: 【 正确

25、判断题:
​Facebook is now a titan almost every angle since its M&A.‍​‍
选项:
A: 正确
B: 错误
答案: 【 正确

26、判断题:
‏The "like" button or the newsfeed are created by another small company ,but popular in Facebook.‍‏‍
选项:
A: 正确
B: 错误
答案: 【 正确

27、判断题:
‌Facebook also acquired another company to improve its social networking service.‍‌‍
选项:
A: 正确
B: 错误
答案: 【 正确

28、判断题:
​Facebook usually snap up the talents from other company.‍​‍
选项:
A: 正确
B: 错误
答案: 【 正确

29、判断题:
‍Facebook is a mobile company.‎‍‎
选项:
A: 正确
B: 错误
答案: 【 正确

30、判断题:
‏These two purchases(Instagram & WhatsApp) have great profit on the surface (to Apple).‌‏‌
选项:
A: 正确
B: 错误
答案: 【 错误

31、判断题:
‎Both sides of an M&A deal will have different ideas about the worth of a target company.‎‎‎
选项:
A: 正确
B: 错误
答案: 【 正确

32、判断题:
‌M&A is good for both business and their employees.‌‌‌
选项:
A: 正确
B: 错误
答案: 【 错误

33、判断题:
‏Managers are not immune to face the same challenges. (lay-off)‎‏‎
选项:
A: 正确
B: 错误
答案: 【 正确

34、判断题:
‏Although two organization are very different integration, integration is very easy.​‏​
选项:
A: 正确
B: 错误
答案: 【 错误

35、判断题:
‍In M&A, what you need to do is "prepare".‌‍‌
选项:
A: 正确
B: 错误
答案: 【 正确

36、判断题:
‎Mergers and acquisitions (M&A) is a general term that refers to the consolidation of companies or assets through various types of financial transactions.  ​
选项:
A: 正确
B: 错误
答案: 【 正确

37、判断题:
‌A global company operating at an enormous scale to achieve profit.‎‌‎
选项:
A: 正确
B: 错误
答案: 【 正确

38、判断题:
‎That free trade works even if one partner in a deal holds absolute advantage in all areas of production.​‎​
选项:
A: 正确
B: 错误
答案: 【 正确

39、判断题:
​The primary fear for nations entering free trade is that they will be out-produced by a country with an absolute advantage in several areas which would lead to imports but no exports.​​​
选项:
A: 正确
B: 错误
答案: 【 正确

40、判断题:
‎Comparative advantage urges nations to engage in true free trade and to specialize in area where they have the highest comparative advantage.‏‎‏
选项:
A: 正确
B: 错误
答案: 【 正确

41、判断题:
‎M&A can include a number of different transactions, such as mergers, acquisitions, consolidations, tender offers, purchase of assets and management acquisitions. ‏
选项:
A: 正确
B: 错误
答案: 【 正确

42、判断题:
‍A merger occurs when two separate entities (usually of comparable size) combine forces to create a new, joint organization in which – theoretically – both are equal partners. ​
选项:
A: 正确
B: 错误
答案: 【 正确

43、判断题:
‏Why apple can't do their manufacturing work domestically?‍‏There is on incentive in America to manufacture anymore.‍‏‍
选项:
A: 正确
B: 错误
答案: 【 正确

44、判断题:
​Why choose China to produce apple?‌​Because their labor cost is less than that in US.‌​‌
选项:
A: 正确
B: 错误
答案: 【 正确

45、判断题:
‎Why apple outsourcing and manufacturing overseas in China ?‏‎Because China is a place for production and manufacturing.‏‎‏
选项:
A: 正确
B: 错误
答案: 【 正确

46、判断题:
​Foxconn City is updating and the work is becoming interesting than before.‎​‎
选项:
A: 正确
B: 错误
答案: 【 错误

47、判断题:
​Chinese factories are faster, in a large scale and much better flexibility towards change.‌​‌
选项:
A: 正确
B: 错误
答案: 【 正确

48、判断题:
‏This globalization of the labor market is making the world more diverse.​‏​
选项:
A: 正确
B: 错误
答案: 【 正确

49、判断题:
​The iphone's production exemplifies the complexity of a globally fragmented supply chain.‌​‌
选项:
A: 正确
B: 错误
答案: 【 正确

50、判断题:
‎The next biggest beneficiaries in the iPad and iPhone supply chains are Korean companies.‏‎‏
选项:
A: 正确
B: 错误
答案: 【 正确

51、判断题:
‏The portion retained in China's economy is a tiny fraction of that amount.‏‏‏
选项:
A: 正确
B: 错误
答案: 【 正确

52、判断题:
‍China remains at the low-end of the GVC.‌‍‌
选项:
A: 正确
B: 错误
答案: 【 正确

53、判断题:
‍Since the launch of reform and opening-up, China's manufacturing has increasingly displayed its ability to achieve such a transformation.‌‍‌
选项:
A: 正确
B: 错误
答案: 【 正确

54、判断题:
‍China should therefore continuously deepen its institutional reforms, to sharpen its competitiveness edge and draw up a well-conceived long term strategy for its manufacturing sector.‍‍‍
选项:
A: 正确
B: 错误
答案: 【 正确

2. International Trade

Test 2

1、单选题:
​At which point of the PPF curve is efficient?‏
选项:
A: inside the curve
B: on the curve
C: outside the curve
D: behind the curve
答案: 【 on the curve

2、单选题:
‏A bill of lading is a contract between an exporter and​
选项:
A: an importer
B: a bank
C: a ship company
D: the customs
答案: 【 a ship company

3、单选题:
‌The letter of credit is issued by​
选项:
A: an exporter
B: an importer
C: a bank
D: a ship company
答案: 【 a bank

4、单选题:
‌Prevailing price is​
选项:
A: 大众价
B: 时价
C: 共价
D: 成交价
答案: 【 时价

5、单选题:
‍In the anti-counter-offer, under what condition will the discount be provided?‍
选项:
A: the exchange rate is low
B: the export tax rebates are increased
C: the order is expanded
D: the trade term is changed
答案: 【 the order is expanded

6、单选题:
​David's deal is finally done in which trade term?​
选项:
A: FOB
B: CFR
C: CIF
D: TTP
答案: 【 FOB

7、单选题:
‎The most comprehensive insurance is ​
选项:
A: FPA
B: WPA
C: All Risks
D: Addiotional extra risks
答案: 【 All Risks

8、多选题:
​We use what measurements to show that the majority of people that ever lived had terrible lives?‎
选项:
A: life expectency 
B: income per capita
C: fertility rate
D: child mortality
答案: 【 life expectency ;
income per capita

9、多选题:
‏Internationally agreed terms are​
选项:
A: FOB
B: CFR
C: CIF
D: PPF
答案: 【 FOB;
CFR;
CIF

10、多选题:
​The business negotiation takes place between ‌
选项:
A: the seller
B: the buyer
C: the bank
D: the transportation company
答案: 【 the seller;
the buyer

11、多选题:
‍Generally, the business negotiation includes ‏
选项:
A: enquiry and reply
B: offer and counter-offer
C: acceptance 
D: conclusion a contract
答案: 【 enquiry and reply;
offer and counter-offer;
acceptance ;
conclusion a contract

12、多选题:
‏Which trade terms require the seller to clear the good for export?​
选项:
A: FOB
B: CFR
C: CIF
D: TTP
答案: 【 FOB;
CFR;
CIF

13、多选题:
‌The clause dealing with payment of the purchase price in a contract for international trade consists of  ​
选项:
A: time
B: mode
C: place
D: currency of payment
答案: 【 time;
mode;
place;
currency of payment

14、多选题:
‎Collection is made through banks under the terms of ‌
选项:
A: D/P
B: D/A
C: D/D
D: L/C
答案: 【 D/P;
D/A

15、判断题:
‌It is export that makes a country wealthy.‎
选项:
A: 正确
B: 错误
答案: 【 错误

16、判断题:
‏The international trade does not bring benefit to home market.‌
选项:
A: 正确
B: 错误
答案: 【 错误

17、判断题:
‌Trade makes people better off.‌
选项:
A: 正确
B: 错误
答案: 【 正确

18、判断题:
‌Tariff is a way for countries to make more money.‌
选项:
A: 正确
B: 错误
答案: 【 正确

19、判断题:
‍Each country has to earn foreign exchanges to pay for exports.​
选项:
A: 正确
B: 错误
答案: 【 错误

20、判断题:
​PPF is the Production Possibility Frontier.‍
选项:
A: 正确
B: 错误
答案: 【 正确

21、判断题:
‏It is efficient for America to produce 250 planes and 500 tons of shoes at home.‎
选项:
A: 正确
B: 错误
答案: 【 错误

22、判断题:
‌China has a comparative advantage in producing shoes.‏
选项:
A: 正确
B: 错误
答案: 【 正确

23、判断题:
‍America's labor market is more expensive than China.‍
选项:
A: 正确
B: 错误
答案: 【 正确

24、判断题:
‍PPF involves three products.‏
选项:
A: 正确
B: 错误
答案: 【 错误

25、判断题:
‍The international trade starts with finished merchandise.‎
选项:
A: 正确
B: 错误
答案: 【 正确

26、判断题:
‎The buyer needs a pro forma invoice to finance the trade.​
选项:
A: 正确
B: 错误
答案: 【 错误

27、判断题:
‎CIF means cost, insurance and freight.‍
选项:
A: 正确
B: 错误
答案: 【 正确

28、判断题:
​Business Negotiation is about acquire and offer  business negotiation.‌
选项:
A: 正确
B: 错误
答案: 【 错误

29、判断题:
‌Enquiry and offer must be the final steps of the business negotiation.‌
选项:
A: 正确
B: 错误
答案: 【 错误

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