Multiple choice questions

Q1/ What is global competence? Global competence refers to:

A. The acquisition of in-depth knowledge and understanding of international issues

B. The acquisition of in-depth knowledge and awareness of international issues

C. The acquisition of information and understanding of international issues

D. The acquisition of information and awareness of international issues

Q2/ Simply operating globally does not mean that a company possesses a global strategy or uses global supply chains. Which characteristic does not characterize a global company?

A. A fully integrated global supply chain does not have to have global activities in both the inbound/upstream and outbound/downstream portion of the value chain

B. All statements are true

C. A truly global company is one that does business not only in both the eastern and the western hemispheres but also in both the northern and southern ones.

D. The global company does not have to be everywhere, but it has the capability to go anywhere, deploy any assets, and access any resources, and it maximizes profits on a global basis.

Q3/ Which statement is not true about world trade and global supply chains ?

A. There are fewer trade barriers in the world today compared with 20 years ago

B.There are fewer operational barriers in the world today compared with 20 years ago

C. Supply chains have been driving growth in world trade for the last 20 years

D. 90 percent of global demand is not fully satisfied by local supply today