7. Globalization is beneficial for firms because: a) It protects them against foreign competition b) It cushions them from the effects of events in other countries. c) It opens up new market opportunities. d) It increases the risk and uncertainty of operating in a globalizing world 8. The internet facilitates globalization by: a) Making it more difficult to contact potential customers abroad. b) Cutting the cost for firms of communicating across borders. c) Making it harder to send money from one country to another. d) Making it easier for governments to censor the information received by their citizens from abroad. 9. What might western food MNCs encounter when launching operations in Africa or the Middle East? a) No language barriers. b) Customer tastes the same as those of their domestic customers. c) Corruption. d) Well-developed road and rail links 10. Globalization can create problems for business because: a) It can result in more competition. b) It reduces vulnerability to political risk and uncertainty when operating abroad. c) It means that they can increase prices. d) All of the options given are correct.