Question 1.1.(TCO 1) The shared values, principles, and traditions can be described as (Points : 5)

stakeholder culture. team culture. employee culture. organizational culture.

Question 2.2.(TCO 2) The Ford Motor Company sold an auto parts company because profitability was low. The main environmental dimension considered was (Points : 5)

sociocultural. technological. economic. political/legal.

Question 3.3.(TCO 3) A company is required by law to preserve and protect the natural resources. A company that goes beyond the requirements of the law might adopt a(an) ________ approach. (Points : 5)

realistic active stakeholder reflective

Question 4.4.(TCO 4) With whom is the United States involved in an agreement which creates a vast economic bloc? (Points : 5)

The African Union The Latin American Integration Association The Caribbean Common Market Canada and Mexico

Question 5.5.(TCO 5) You have decided to become a small business owner. On your business plan, you state that the business will offer exceptional customer service while providing locally grown vegetables and fruits that are organically grown. What part of the business plan does this represent? (Points : 5)

A strategic goal An operational plan A mission statement A strategic plan

Question 6.6.(TCO 6) Which of the following is a source of equity financing provided by a professionally managed pool of investors? (Points : 5)

Financial institutions Personal financial resources Angel investors None of the above

ESSAY

Question 1.

1.(TCO 4) Explain how the International Monetary Fund and the World Bank support and promote global business. (Points : 15