University of North Carolina BUS 342-11D Exam 3_2016

 Question Exam 3_2016
Question 1
2 / 2 pts
According to the World Bank’s Ease of Doing Business 2013, China’s  regulatory climate for entrepreneurship was better than more than half  of the economies in the world considered in the study by the World Bank.True

False

Question 2
___________ is considered to be the country with the most entrepreneurial activities in Africa.

Botswana

Mauritius

Ghana

South Africa

Question 3
1.5 / 1.5 pts
Almost everyone agrees that aid is better than trade and investment in  solving Africa’s economic problems and the low level of entrepreneurship.

True

False

Question 4
4 / 4 pts
Which of the following countries won the Commonwealth Business Council (CBC)- African Business Awards in 2008?

The Ivory Coast

Nigeria

Cameroon

Ghana

Question 5
4 / 4 pts
Women’s propensity to engage in entrepreneurial activities in  _______________ compares more favorably with many economies in the Arab  world and Asia.

South Africa

Uganda

Kenya

Nigeria

Question 6
Which of the following countries has the most companies in the list of “top” 90 companies in the African continent?

Botswana

South Africa

Mauritius

Ghana

Question 7
4 / 4 pts
Which of the following countries had the annual lending rate for short  and medium-term financing needs of businesses over 100% in 2008?

Madagascar

Sao Tomé e Príncipe

Zimbabwe

Gambia

Question 8
1.5 / 1.5 pts
In terms of size distribution, Brazilian software sector’s structural  composition in terms of size is more similar to that of India than that  of Russia.

True

False

Question 9
2 / 2 pts
The lower rate of entrepreneurship in Africa is totally because of their unfavorable geographic position.

True

False

Question 10
4 / 4 pts
Among the following, which is the most open economy for FDI?

Brazil

India

China

Russia

Question 11
1.5 / 1.5 pts
The capitalization of stock markets as a proportion of GDP is the same in Africa and Brazil.

True

False

Question 12
2 / 2 pts
According to the World Bank’s Ease of Doing Business 2013 report,  Burundi ranked among the world’s top 50 countries in the entrepreneurial  climate.

True

False

Question 13
2 / 2 pts
Research indicates that foreign investments in Africa often benefit a large segment of the population.

True

False

Question 14
2 / 2 pts
Remittance transfer costs are higher in Africa than in Asia.

True

False

Question 15
1.5 / 1.5 pts
Most of the development aid programs in Africa are also focusing on the promotion of private businesses.

True

False

Question 16
1.5 / 1.5 pts
Most African nations provide substantial subsidies for their fishermen.

True

False

Question 17
2 / 2 pts
It is impossible to do business successfully in Africa.

True

False

Question 18
1.5 / 1.5 pts
In the average, African economies have a lower saving rates than those in Asia.

True

False

Question 19
1.5 / 1.5 pts
In the World Bank’s “Ease of Doing Business” report published in 2009, all of the 25 countries at the bottom were in Africa.

True

False

Question 20
4 / 4 pts
In Malawi, what percentage of the population has formal jobs in the private sector?

4%

2%

0.4%

0.1%

Question 21
1.5 / 1.5 pts
In 2009, all African countries made progresses in political rights and civil liberties.

True

False

Question 22
4 / 4 pts
In 2008, Africa’s capitalization of stock markets as a proportion of GDP was _______________ .

more than that of Brazil.

less than that of Brazil.

twice that of Brazil.

about equal to that of Brazil.

Question 23
1.5 / 1.5 pts
EcoBank’s all branches and services offices are in Africa.

True

False

Question 24
1.5 / 1.5 pts
East Asia and Africa have made almost equal progress in reducing poverty in the past three decades.

True

False

Question 25
1.5 / 1.5 pts
African economies are more heavily oriented towards public sector than the U.S.

True

False

Question 26
1.5 / 1.5 pts
Africa has significantly higher number of remittance payout locations than in Mexico.

True

False

Question 27
0 / 4 pts
According to the World Bank, which of the following is the most difficult region to do business?

Africa

Eastern Europe

Asia

Latin America

Question 28
4 / 4 pts
According to creditors and Publish What You Pay, about what proportion  of Congo’s oil revenues did not show up in the country’s budgets in  2004?

33

25

50

40

Question 29
2.5 / 2.5 pts
About what proportion of aid given to Africa is spent to pay to consultants?

12

10

16

6

Question 30
4 / 4 pts
About what proportion of aid given to Africa is spent on debt servicing?

10

16

6

14

Question 31
1.5 / 1.5 pts
A Gallup survey found that most Nigerian potential entrepreneurs like to formally register their businesses.

True

False

Question 32
2 / 2 pts
The average Indian household‘s debt to MFIs has remained stable during 2005-2010.

True

False

Question 33
2 / 2 pts
The 1989 Tiananmen events had no negative influence on entrepreneurship.

True

False

Question 34
4 / 4 pts
SMEs in China account for _______ of the national income but have access to ______ of the country’s financial resources.

20% , 70 %

70% , 70 %

20% , 20 %

70% , 20 %

Question 35
1.5 / 1.5 pts
In reinstitutionalization, an existing logic or a governance structure replaced by a new logic or a governance structure.

True

False

Question 36
1.5 / 1.5 pts
Piracy is illegal in China.

True

False

Question 37
Which of the following countries granted most patents to per million of its residents during 2000–5?

South Korea

the U.S.

India

China

Question 38
4 / 4 pts
Among the following countries, which one granted least number of patents to per million of its residents during 2000–5?

China

India

South Korea

the U.S.

Question 39
Which of the following is not an institutional change mechanism identified byScott?

reverse institutionalization

institution formation

deinstitutionalization

reinstitutionalization

Question 40
2 / 2 pts
Observers have suggested that people in India value work in itself as much as people in the U.S. do.

True

False

Question 41
2 / 2 pts
Nowadays, China doesn’t require its wind farms to source 70 % of their parts from the domestic market anymore.

True

False

Question 42
2 / 2 pts
Majority of China’s IPR cases in 2005 were brought by foreign companies operating in China.

True

False

Question 43
2 / 2 pts
Less than half of the agricultural as well as nonagricultural workforce is informally employed in India.

True

False

Question 44
2 / 2 pts
It can be argued that China has more characteristics of oligarchic capitalism than India.

True

False

Question 45
2 / 2 pts
In the Rajsthan state of India, the law currently doesn’t allow women to work after sunset.

True

False

Question 46
3 / 3 pts
In the Indian offshoring industry, women account for less than half of the workforce.

True

False

Question 47
2 / 2 pts
In the 1980s in China, the entrepreneur was considered to be a person who was not able to find other jobs.

True

False

Question 48
1.5 / 1.5 pts
In recent years, the basis of legitimacy for Chinese Communist Party is shifting towards MarxLeninism.

True

False

Question 49
4 / 4 pts
In early 2011, the number of Indians using cellphones was about _____ times the number of Indians online.

670

8.4

80

3.8

Question 50
4 / 4 pts
In ___________ organizations take advantage of differences in various components of formal institutions across countries.

institutional arbitrage

economic arbitrage

geographic arbitrage

cultural arbitrage

Question 51
2 / 2 pts
In India, literacy rates for females and males are equal.

True

False

Question 52
2 / 2 pts
In China, entrepreneurs cannot become CCP members.

True

False

Question 53
2 / 2 pts
In China, most VC funds linked to the government are considered as a loan.

True

False

Question 54
2 / 2 pts
In China, VC funds provided by the Chinese government have the same level of risk taking as provided by Western investors.

True

False

Question 55
2 / 2 pts
In 2009, more Chinese companies were included in Forbes‘ Global 2000 list than companies from India.

True

False

Question 56
1.5 / 1.5 pts
In 2009, the world’s third largest patent office was China’s SIPO.

True

False

Question 57
4 / 4 pts
In 2008, about _______% of India‘s population lacked access to electricity.

50

30

20

40

Question 58
2 / 2 pts
In 2008, more private capital was invested in China than in the U.S. in the renewable energy sector.

True

False

Question 59
2.5 / 2.5 pts
In 2012, China had ____ times as many Broadband Internet subscribers per 100 people as India did.

10.8

4.5

22.5

1.3

Question 60
2 / 2 pts
In 2008, China received more private capital investment in the renewable energy sector than the U.S.

True

False

Question 61
1.5 / 1.5 pts
In 2008, China and India spent almost equal in the construction of modern highways.

True

False

Question 62
2 / 2 pts
In 2007, India was among the world’s 10 biggest IPO markets.

True

False

Question 63
1.5 / 1.5 pts
In 2005, VC investment in China was less than $1 billion.

True

False

Question 64
3 / 3 pts
For the Indian IT company, Infosys, the markets outside India account for ____ % of its revenue.

98.8

1.2

12

9.88

Question 65
0 / 4.5 pts
For every $100 earned in the domestic market, India‘s IT firms export ________.

$37.50

$3750

$3.75

$375

Question 66
2 / 2 pts
Everyone agrees that the Israel model of government funding for startups would be equally effective in India.

True

False

Question 67
4 / 4 pts
Estimates suggest that about 10 families in India control as much as _____ of the stocks of the country’s largest corporations.

one-fifth

two-fifth

four-fifth

a quarter

Question 68
4 / 4 pts
Economic and political reforms in China started in _________.

2001

1964

1978

1981

Question 69
4 / 4 pts
During 2002–2011, about _____ of the Indian population lived on less than US$1.25 a day.

a quarter

32.7%

two-fifth

one-fifth

Question 70
2 / 2 pts
During 1993-2001, the proportions of adult population that workd were equal in China and India.

True

False

Question 71
3 / 3 pts
Compared to the 2008 level, FDI declined more sharply in China in 2009 than in India.

True

False

Question 72
2.5 / 2.5 pts
Compared to Russia, China has more successfully blended nationalism with Marxism.

True

False

Question 73
2 / 2 pts
China’s path to market economy is different from those of Eastern Europe and the Soviet Union.

True

False

Question 74
1.5 / 1.5 pts
China’s informal banking industry was estimated to amount less than US$50 billion in 2011.

True

False

Question 75
2 / 2 pts
According to a survey conducted by Deloitte in 2009, India was more attractive market for VC investors than the U.S.

True

False

Question 76
3.5 / 3.5 pts
According to a survey conducted by Deloitte in 2009, _______ was the most attractive market for VC investors.

China

India

the U.S.

Germany

Question 77
4 / 4 pts
According to the 2001 census, Hinduism accounted for about_____ of the Indian population’s religion.

two-fifth

one-fifth

a quarter

four-fifth

Question 78
2 / 2 pts
China spends more on research and development (R&D) than India.

True

False

Question 79
2 / 2 pts
The SIPO became the world’s largest patent office in 2011.

True

False

Question 80
2 / 2 pts
According to the World Bank’s Ease of Doing Business 2013, India’s  regulatory climate for entrepreneurship was better than more than half  of the economies in the world considered in the study by the World Bank.

True

False

Question 81
2 / 2 pts
Brazil has more mainframe COBOL programmers than any other countries in the world.

True

False

Question 82
4 / 4 pts
________________ has the world’s highest number of Java programmers.

The U.S.

Brazil

China

India

Question 83
3.5 / 3.5 pts
Multinationals are mostly undertaking adaptive R&D projects in ________________.

Brazil

the U.S.

China

India

Question 84
3.5 / 3.5 pts
Among the following economies, which is more likely to benefit from the trend towards nearshore outsourcing?

Kenya

Brazil

China

India

Question 85
2 / 2 pts
Brazilian banks are among the world’s most automated.

True

False

Question 86
3.5 / 3.5 pts
__________ has the highest economic freedom index among the four BRIC economies.

Russia

China

India

Brazil

Question 87
3.5 / 3.5 pts
Of the four BRIC economies, ____________ has the biggest per capita domestic spending in application and personal software.

China

Russia

Brazil

India

Question 88
2 / 2 pts
Domestic remittance are more relevant than international remittances to the bottom-of-the-pyramid households.

True

False

Question 89
2 / 2 pts
M-payment has facilitated international remittances more than domestic remittances.

True

False

Question 90
3.5 / 3.5 pts
Customers with mobile money accounts in ________ can receive money from abroad.

Uganda

Rwanda

China

India

Question 91
4 / 4 pts
According to the International Telecommunication Union, in the early  2013, about _____________ of the population in the developing world had  mobile phones.

nine-tenth

three-quarter

half

a quarter

Question 92
2 / 2 pts
M-PESA was originated in Africa.

True

False

Question 93
2 / 2 pts
For the m-payment system in Kenya, most transactions are deposits in villages and withdrawals incities.

True

False

Question 94
2 / 2 pts
According to Google India, in the mid-2011, more than 10% of India’s SMEs were online.

True

False

Question 95
2 / 2 pts
M-PESA was given a banking license in 2007.

True

False

Question 96
4 / 4 pts
According to the World Bank’s Ease of Doing Business 2013 report, which  of the following is not among the world’s top 50 countries in terms of  the entrepreneurial climate?

Mauritius

South Africa

Rwanda

Uganda

Question 97
2 / 2 pts
In 2012, mobile money market in Africa was bigger in size than that of Europe.

True

False

University of North Carolina BUS 342-11D Exam 3_2016