Chapter 09 - Morrison - Gbe 4e

10 Questions

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Chapter 09 - Morrison - Gbe 4e


Questions and Answers
  • 1. 
    ARM’s success as a high-tech company is due largely to…
    • A. 

      Going it alone in global markets

    • B. 

      Brand building

    • C. 

      Strong control over its own innovation

    • D. 

      Co-operation with partner companies

  • 2. 
    Which of the following helps developing countries to bridge the technology gap between themselves and developed countries?
    • A. 

      Attracting more foreign investors

    • B. 

      Using technology gained from FDI

    • C. 

      Attracting FDI that uses abundant low-cost labour

    • D. 

      Attracting foreign workers

  • 3. 
    Which of the following countries spends the most on education as a percentage of GDP?
    • A. 

      South Korea

    • B. 

      Turkey

    • C. 

      Germany

    • D. 

      US

  • 4. 
    Start-ups are often more innovative than established companies because…
    • A. 

      They have fewer researchers

    • B. 

      They are less bureaucratic

    • C. 

      Their researchers are paid more

    • D. 

      They have better-educated researchers

  • 5. 
    Which of the following is not among the benefits of owning a patent for an invention?
    • A. 

      It allows the owner exclusive rights over the invention indefinitely

    • B. 

      The owner can license others to make the product

    • C. 

      The owner can stop counterfeiters of the product

    • D. 

      The owner can sell the patent

  • 6. 
    The creator of which of the following would be eligible to apply for a patent?
    • A. 

      A film

    • B. 

      A logo

    • C. 

      A computer game

    • D. 

      A new cancer drug

  • 7. 
    What was the purpose of the TRIPS agreement?
    • A. 

      To benefit large MNEs in the pharmaceutical industry

    • B. 

      To allow developing countries to sell cheap medicines

    • C. 

      To provide IP protection that is harmonized across all countries

    • D. 

      To maintain high prices of medicines

  • 8. 
    Which of the following does not present a risk for Czech car manufacturers?
    • A. 

      Low levels of R&D

    • B. 

      Rising wage demands

    • C. 

      Highly skilled workforce

    • D. 

      Increasing competition from cheaper locations

  • 9. 
    Technology transfer from FDI is likely to be beneficial to the host country in which of the following situations?
    • A. 

      Where there are lots of universities

    • B. 

      Where there is a high level of local technological ability

    • C. 

      Where only low-level technology is used by the investor

    • D. 

      Where there is weak IP protection

  • 10. 
    Why were GSK staff prosecuted in China?
    • A. 

      For bribing government officials

    • B. 

      For selling unsafe medicines

    • C. 

      For bribing doctors to adopt their medicines

    • D. 

      For false accounting