Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
global bus ch 2
| All of the following aQuestion | Answer |
|---|---|
| All of the following are examples of formal institutions EXCEPT: | Cultures |
| Check My Work Formal institutions require what type of "supporting pillar?" | Regulatory |
| Which country in the world has the largest democracy in terms of population? | India |
| The ideas in a book represent what type of intangible property? | Intellectual Property |
| Over the past thirty years, which country has had the fastest-growing major economy in the world? | China |
| he success or failure of a firm around the globe is largely determined by that firm's ability to follo | Rules of the Game |
| Informal institutions require what type of "supporting pillar(s)?" | Normative and cognitive |
| The economic concept of laissez faire, in which government takes a hands-off approach to the economy, was developed by: | Adam Smith |
| Legal, economic, and political systems are all examples of formal institutions. | True |
| Informal institutions include norms, cultures, and ethics, which are supported by the cognitive pillar. | False |
| britain has the longest experience of running a democracy among the countries in the world. | true |
| Civil law has less flexibility than common law | True |
| The success or failure of a firm around the globe is largely determined by that firm's ability to compete by the "rules of the game." | true |
| Firms in emerging economies primarily pursue market-based strategies, whereas firms in developed economies primarily pursue informal connections. | False |
Created by:
mirmir33