Match the Term with Its Definition

question 46

Multiple Choice

Match the term with its definition.
-Small companies launched with cross-border business activities in mind

• A)bill of lading
• B)born-global firms
• C)counterfeit activity
• D)economies of scale
• E)exchange rate
• F)letter of credit
• G)political risk
• H)royalties

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Definitions:

Argumentum Ad Populum

is a fallacy that concludes a proposition is true because many or most people believe it.

Bandwagon Fallacy

A logical fallacy where one assumes something is true or right because it is popular or because others are doing it.

Unethical Leader

A leader who acts in self-interest, violating moral principles, and often causing harm to the organization, employees, or society at large.

False Analogy

A logical fallacy that occurs when someone argues that two things are substantially alike in an important respect when they are not.