16. A business turning over an activity to an outside supplier that will perform it on behalf of the local firm is called a. Offshoring b. Outsourcing c. Onshoring d. Captive shoring 17. A company outsourcing to an international or foreign firm is called a. Offshoring b. Outsourcing c. Onshoring d. Captive shoring 18. Wal-Mart's bribery of local officials in Mexico to receive quick building permits in restricted locations was a violation of the a. Foreign Protection and Anti-corruption Act b. Foreign Corrupt Practices Act c. Foreign Anti-Bribery Act d. Foreign Corruption and Protection Act 19. The ritual exchange of business cards in Japan is called a. Arigato b. konichiwa c. gozaimashita d. meishi 20. How many days does it take to get electricity in the Czech Republic (World Bank, doing business index) a. 37 b. 68 c. 175 d. 87 21. The combination of operations and management of two firms to establish a new legal entity is a/n a. Merger b. Acquisition c. Strategic investment d. Strategic alliance 22. All of the following represent impact goals of the triple bottom line except a. Predictor b. Social c. Environmental d. Economic
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The local firm being referred to is called a. Offshoring b. Outsourcing c. Onshoring d. Captive shoring. - The correct answer is c. Onshoring. Show more…
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