Professional Documents
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International Business The Challenges of Globalization 9th Edition Wild Test Bank
International Business The Challenges of Globalization 9th Edition Wild Test Bank
2) Goods and services purchased abroad and brought into a country are called ________.
A) gross domestic products
B) exports
C) gross national products
D) imports
Answer: D
AACSB: Application of knowledge
Skill: Concept
Difficulty: Easy
LO: 1.1: Identify the types of companies active in international business.
3) ________ are all goods and services sold abroad and sent out of a country.
A) Net national products
B) Exports
C) Gross domestic products
D) Imports
Answer: B
AACSB: Application of knowledge
Skill: Concept
Difficulty: Easy
LO: 1.1: Identify the types of companies active in international business.
4) Olive oil prepared in a small Italian oil press factory and sold by large supermarkets in the
United States is an example of a ________.
A) net national product
B) U.S. export
C) U.S. import
D) gross domestic product
Answer: C
AACSB: Application of knowledge
Skill: Application
Difficulty: Hard
LO: 1.1: Identify the types of companies active in international business.
1
Copyright © 2019 Pearson Education, Inc.
6) A business that has direct investments (in the form of marketing or manufacturing
subsidiaries) abroad in several countries is called a ________.
A) dummy corporation
B) shell corporation
C) multinational corporation
D) domestic corporation
Answer: C
AACSB: Application of knowledge
Skill: Concept
Difficulty: Easy
LO: 1.1: Identify the types of companies active in international business.
7) The rise of a new international entity called the ________ suggests that any company,
regardless of age, experience, and resources, can engage in international business.
A) transnational corporation
B) multinational corporation
C) born global firm
D) global firm
Answer: C
AACSB: Application of knowledge
Skill: Concept
Difficulty: Easy
LO: 1.1: Identify the types of companies active in international business.
2
Copyright © 2019 Pearson Education, Inc.
8) Which of the following is NOT a likely reason to study international business?
A) Global events affect almost all companies.
B) Differences among countries in physical, social, and competitive conditions may cause
companies to alter their operating methods from country to country.
C) Business conducted outside the limits of any one country is inexplicably on the decline.
D) Firms may be better able to obtain better or less expensive resources by operating
internationally.
Answer: C
AACSB: Application of knowledge
Skill: Concept
Difficulty: Moderate
LO: 1.1: Identify the types of companies active in international business.
9) ________ is an effective alternative to traditional distribution channels for firms that sell
digitized products.
A) Dual licensing
B) Electronic distribution
C) Visual merchandising
D) Digital switchover
Answer: B
AACSB: Information technology
Skill: Concept
Difficulty: Easy
LO: 1.1: Identify the types of companies active in international business.
10) The widening set of interdependent relationships among people from different parts of the
world is known as ________.
A) globalization
B) offshoring
C) franchising
D) outsourcing
Answer: A
AACSB: Application of knowledge
Skill: Concept
Difficulty: Easy
LO: 1.1: Identify the types of companies active in international business.
3
Copyright © 2019 Pearson Education, Inc.
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Kendal, June 26, 1750.
Honoured Madam,
Your Ladyship’s most dutiful, obliged, and very chearful servant for
C ’s sake,
G. W.
LETTER DCCCXLVII.
To Mr. K――.
Y ESTERDAY I read in the public papers, that you was married. This
morning I sit down to wish you joy. G hath given you, a choice
help-mate. May you love her as J C loveth the church; and may
both of you be enabled to live together as heirs of the grace of life! The
L of all lords has been daily pouring down his benefits on you and
me. O that his goodness may lead us to repentance, and his love
constrain us to obedience! You have now another blessing given you;
one who, I believe, will strengthen your hands in the L , and stir you
up in the good ways of G . Now for Joshua’s resolution, “As for me
and my house, we will serve the L .” You are now entered on a new
state; you will want new supplies of grace. It is hard to govern; it is much
easier to obey. To come into a flow of business, and at the same time to
keep the heart near to G , what a task is this? J alone can make you
sufficient for it. Look then, my dear friend, continually to him, and take
heed that nothing drowns the sound of this small still voice speaking in
your heart. When I come to town, G willing, I will pay you a visit. In
the mean while let us meet at the throne of grace. I am travelling, and
you trading, for J C . His strength is my joy. Every where the
gospel plough hath prospered. These Northern parts promise well.
Adieu! The L be with you both! Pray remember me in the kindest
manner to your mother and brothers. You are come into a family that I
dearly love. That you all may sit down with the glorious family of the
first-born, whole names are written in heaven, is the earnest prayer of,
my dear friend,
G. W.
LETTER DCCCXLVIII.
To Mr. B――.
G. W.
LETTER DCCCXLIX.
To Mr. T―― A――.
I Thought it long, yea very long since I heard from you; but as I believe
your heart is upright towards the L J , and to me your
unworthy friend, for his great name’s sake, I have been quite easy. The
news of your success, rejoices me. May the L increase it more and
more! Pen cannot well express what hath been done in the North. I have
preached above ninety times since I left London, and perhaps to a
hundred and forty thousand people. It is amazing to see how people are
prepared, in places where I never was before. What shall I render unto
the L ? I will beg him to make me humble and thankful. Here, I am
received with as much affection as ever. Still I will cry, Grace! grace! Ere
this reaches you, I suppose you will be thinking of London. Mr. C―― I
believe wants a breathing. I hear he hath been blest much. You and Mr.
C―― are the only persons I chuse to have at the tabernacle, as heads in
my absence. Several of ―― have offered to join me; but you know I
hate taking other persons as helpers, and as I desire no party, I give no
encouragement. But future things belong to Him, on whose shoulders the
government is put. You must still remember me before Him. His word is
indeed running, and like to be glorified day by day. How matters go on
here, you will know hereafter. In the mean while pray for, and write to,
my very dear Tommy,
G. W.
LETTER DCCCL.
To Lady H――.
Ever-honoured Madam,
G. W.
LETTER DCCCLI.
To Lady H――.
Ever-honoured Madam,
G. W.
LETTER DCCCLII.
To Mr. C――.
Dear Jemmy,
I Have nothing but good news to send you. The entrance G has been
pleased to give me into Scotland, demands the highest tribute of
gratitude and love. I preached twenty times at Edinburgh, and thousands
attended morning and evening. Many I hope got good. To the giver of
every good gift be all the glory! Last night I came hither, and was most
lovingly received, and this morning the L of all Lords hath given us
a delightful meeting. Blessed news is sent from Kendal. Enclosed you
have the marks of my friends bounty, who love me for J sake. Be
pleased to receive the bill, and as you live near Mr. S――, be so kind as
to pay him the remainder of what is due for printing my last sermons.
Take his accompt, and a receipt under; what is left, pray give to my wife
to pay Wr―― the book-binder. For I would fain owe no man any thing
but love.—I would have my worldly affairs so ordered, that let death
come when it will, I may have nothing to do but to die. That is a blessed
word to me; the thoughts of death gladden my heart, and cause me often
almost to leap for joy. But perhaps our L has more work for me to
do. His will be done in, by, and upon me, in time, and to all eternity.
Pilgrims must not expect much rest here. In heaven we shall have
enough. There I shall meet you and yours. I salute you both most
tenderly, and beg you would all pray for, my dear friend,
G. W.
LETTER DCCCLIII.
To Mr. R――.
Yours, &c.
G. W.
LETTER DCCCLIV.
To Mr. W――.
Dear Sir,
I Received your kind letter last week, but till now had not time to
answer you. Blessed be G , it brought glad tidings. Thanks be to the
ever-loving ever-lovely J , for causing his arrows to stick fast in any
sinners hearts! May he that hath wounded, in his own due time and way
heal and ease them!—He is the awakened sinners only refuge. To Him
the weary and heavy laden are invited. Let them but come to him, and he
will, indeed he will give them rest. O that those who have begun to put
their hands to the plough, may be kept from looking back! Awakening
times are like spring times. Many blossoms, but not always so much
fruit. However, glory, glory be to G , that the Winter of deadness is in
some degree over, and that a Spring time of grace is seen at Kendal. Pray
remember me in the kindest manner to all under awakenings, and exhort
them all with full purpose of heart to cleave unto the L . Whether I
can see you again in my return, is uncertain. If it be any way practicable,
I shall comply with your earnest solicitation. Next week, G willing, I
leave Scotland, and if I can come, you shall hear from me. In the mean
time, as the L enables, I shall not cease to pray for all that are setting
their faces Zionward. You know the many turnings that lie in the way
thither, and therefore can direct young travellers. It is pretty work for you
in the decline of life. Methinks you may be surprized like Sarah, who
said, “who would have thought that Sarah should have given suck!” But
is there any thing too hard for the L ? O for faith, patience and
humility! These are graces my soul thirsts after. How humble, how
thankful ought I to be! After leaving Kendal, the word of the L ran
and was glorified in several places, and in Scotland I think congregations
are rather greater than ever. You must exhort all to pray for me, that I
may be kept from flagging in the latter stages of my road. My love to Mr.
G――. I shall take care to answer his letter when it comes to hand. I
have ordered some volumes of my sermons to be sent to him. May G
sanctify the reading of them to the carrying on his blessed work. I can
now no more. The L be with you. I am, dear Sir,
Yours, &c. in J C ,
G. W.
LETTER DCCCLV.
To Lady H――.
Ever-honoured Madam,
Their and your most obliged, dutiful, and chearful servant for J
C ’s sake,
G. W.
LETTER DCCCLVI.
To Lady H――.
Honoured Madam,
Your Ladyship’s most dutiful, obliged, and very ready servant for
C ’s sake,
G. W.
LETTER DCCCLVII.
To Mr. L――.
My J and my all.
I send affectionate respects to both your sisters, and to Mr. B――. I pray
that the L J may love them as he loved Lazarus, Mary, and their
sister Martha, and I entreat you to accept this as a token of unfeigned
christian love, from, my very dear Sir,
G. W.
LETTER DCCCLVIII.
To Mr. P――.
I Received your kind letter yesterday, which was like the prophet’s roll,
full of lamentation, and mourning, and woe. But what shall we say? It
must needs be that offences come.—Wo to the inhabitants of the earth,
and of the sea, for the devil is come down in great wrath, knowing he
hath but a short time to reign; but let us look upwards. Every plant that
our heavenly father hath not planted, shall be rooted up; only let him that
standeth take heed lest he fall. You must salute dear Mr. R―― and the
rest of the brethren in my name. As far as I know, we are like-minded as
to principles, and I shall be glad to do all that I can to strengthen their
hands, only let nothing be done through strife and vain-glory. Blessed be
G , my poor labours never met with greater acceptance in England and
Scotland than now, and I would gladly fly to Wales, but perhaps my
coming had better be deferred to the cool of the day. Let us not fear. This
storm will blow over.—Truth is great, and though driven out of doors for
a while, will prevail at the last. Alas, what are we when a party spirit lays
hold on us! I suspect the principles that are productive of such practices.
—O that these things may lead us nearer to C , keep us closer to his
blessed word, and be sanctified to the moulding us into a nearer
conformity to his divine image. The meekness and lowliness of J ,I
want to be a large partaker of. You must pray for me, and let me know
how affairs stand. My tender love to all. I am, dear Sir,
Yours, &c.
G. W.
LETTER DCCCLIX.
To Lady H――n.
Honoured Madam,
G. W.
LETTER DCCCLX.
To Mr. R――.
G LAD was I, yea very glad, to receive your kind letter about two
days ago. I send you this in return, with ten thousand thanks for all
favours conferred upon me, by you and yours. They are all numbered,
and not one of them shall be forgotten before the L of all Lords,
whose mercy endureth for ever. Surely, his goodness and mercy have
followed me all the days of my life, and blessed be his holy name, I shall
ere long dwell in his house for ever. At my return to town, I was
received, though utterly unworthy, with great joy, and our L has
manifested forth his glory in the great congregation. I have preached in
Mr. W――’s chapel several times, and I trust a young lady of high rank
was truly awakened about a fortnight ago, and who is since gone
triumphantly to heaven. Mr. W―― breakfasted and prayed with me this
morning, and Mr. H――y was so kind as to come up and be with me in
my house. He is a dear man, and I trust will yet be spared to write much
for the Redeemer’s glory. I have prevailed on him to sit for his picture,
and it will be published in a short time. Two dozen of my pictures, as my
friends so earnestly desired them, are sent directed to you. Be pleased to
let them be disposed of, as shall be judged most proper. O that my heart
might in some measure resemble the image of my dear L ! You and
yours will not fail to pray, that it may be written in lively characters, and
that I may go on my way rejoicing. I never forget you or any other of my
dear Scotch friends. Just now I have good news from Kendal; a young
woman, whom G was pleased to awaken when I was there, went off
lately (as my friend expresses it) “with flying colours.” Grace! Grace!
L , make me humble! L J , make me truly thankful! I am just
now going for Chatham. Last L ’s day I was at Portsmouth. Next
week, G willing, I go to Gloucester. I hope good Lady D―― and her
beloved son and daughter, &c. are prospering in soul and body. I send
them my most dutiful respects, and ten thousand thanks, and beg you,
my very dear Sir, to accept the same from,
G. W.
LETTER DCCCLXI.
To Lady H――.
Ever-honoured Madam,
Your Ladyship’s most dutiful, obliged, and most cheerful servant for
C ’s sake,
G. W.
LETTER DCCCLXII.
To Lady B―― H――.
Madam,
A S I know your Ladyship had a great esteem for the late honourable
Miss H――, I cannot but think a short account of her behaviour,
under her last sickness, must not only alleviate the concern your
Ladyship must necessarily have for so intimate a friend, but also excite
you to pray, that your latter end may be like hers. I think it is now near
three weeks since good Lady G―― desired me to visit her sick
daughter. She had been prayed for very earnestly the preceding day after
the sacrament, and likewise previous to my visit in Lady H――’s room.