問題一覧
1
The business group in China is called
Qiye Jituan
2
Which one of the following is NOT a feature of Keiretsu in Japan?
Family ownership
3
…keiretsu is set up to link suppliers, manufacturers, and distributors of one industry, while…. keiretsu is set up around a Japanese bank.
Vertical; horizontal
4
Which of the following is NOT a factor that affects the evolution of the institutional frameworks of Asian business groups?
Imperialism
5
Which of the following about a business group is incorrect?
A business group is supported by legal unity among affiliated business units.
6
Which of the following is NOT a feature of Asian business groups?
Asian business groups have evolved under fully developed capital and factor markets.
7
The followings are the dark sides of Asian business groups except______
Business groups facilitate ethical and efficient investment.
8
According to the _____ theory, business groups are organized because of the vertically-integrated, hierarchically-coordinated firms lower____
transaction cost
9
If institutions are made, it is very difficult to change. What term does describe this?
Path-dependency
10
Which of the following is NOT a feature of liberal market economies?
high union density
11
…refers to the way a company creates value through the configuration and coordination of its multi-market activities.
Corporate strategy
12
…refers to the degree to which a firm operates in multiple geogr raphic locations at the same point on an industry's value chain.
Horizontal integration
13
…refers to a business practice when multiproduct firm prices one good below average cost and makes up for the losses through revenues collected from the sales of other goods that are priced above the average cost.
Cross-subsidization
14
Hyundai Motor uses Hyundai Motor Service to distribute its products in Korea, What kind of integration is this?
Forward integration
15
Which of the following is NOT a benefit of vertical integration?
Facilitating decentralization
16
Which of the following statements about financial market environments in Korea in the 1960s-70s is incorrect?
The central bank was independent and autonomous in setting interest rates
17
Korean chaebols invested heavily in many nonbank financial institutions. Which of the following is NOT an example?
Export and import bank
18
Chaebols created an internal capital market to enhance financial efficiency. Which of the following is NOT a characteristic of intragroup financial transactions?
Intragroup financial transactions increase the overall amount of investment funds for major efficent affillates.
19
Corporate capital structure is contingent on the legal environment in wich the company operates. Which of the following is the structure that Korean chaebols depended on before the Asian financial crisis?
Debt financing
20
Which of the following explanations of the debt-carrying capacity of the chaebol is incorrect?
Type and source of debt that affiliates use were not dependent on the type of financial company owned by a chaebol.