商务英语阅读教程1答案叶兴国unit5（Improving Your Business English Reading Skills Unit 5 Answers by

Improving Your Business English Reading Skills: Unit 5 Answers by Ye Xingguo

Unit 5 of the Business English Reading Tutorial focuses on the topic of globalization. This unit presents the challenges and opportunities that the globalization trends bring about to companies. The reading material provides the necessary knowledge and vocabulary to understand globalization trends in business and how companies can respond to them. Here are the answers to Unit 5 questions:

Answers to Multiple Choice and T/F Questions

1. The term globalization refers to:

A. The process of countries becoming more isolated from each other

B. The emergence of global culture and values

C. The process of companies becoming more localized

D. The process of countries becoming more interconnected and interdependent

Answer: D

2. The main reason why companies are going global is:

A. To take advantage of cheaper labor

B. To reduce their competition

C. To expand their markets and increase profits

D. To avoid taxes

Answer: C

3. Globalization has made it harder for businesses to compete because:

A. They have to comply with different regulations in different countries

B. They have to pay higher taxes

C. They have more competition

D. They have to deal with different currencies

Answer: C

4. One of the advantages of globalization to companies is:

A. Access to new markets

B. Cheaper labor costs

C. Lower taxes

D. More government subsidies

Answer: A

5. In response to globalization, companies should:

A. Create products that cater to the global market

B. Localize their products and services

C. Cut costs by reducing product quality

D. Employ only locals in its overseas operations

Answer: A

Answers to Open-Ended Questions

1. What are the challenges that globalization poses to companies?

Globalization poses a number of challenges to companies. They include the following:

- Complying with different and sometimes conflicting regulations in different countries

- Adapting to different cultural and economic environments

- Dealing with different currencies and exchange rates

- Developing strategies that enable them to compete with local rivals as well as global giants

2. What measures can companies take to successfully compete in the global marketplace?

Companies can take the following measures to successfully compete in the global marketplace:

- Adapting their products and services to cater to the global market

- Employing a diverse and multicultural workforce

- Developing global supply chains that ensure the timely delivery of their products and services

- Taking advantage of technology to streamline their operations and reduce costs

Tips on Using the Vocabulary and Concepts from Unit 5

To effectively use the vocabulary and concepts from Unit 5, keep the following tips in mind:

- Practice using the vocabulary in context so that you can use it fluently in your business communication

- Keep up to date with global trends and economic environments so that you can adapt your strategies accordingly

- Network with other professionals in your industry to learn from their experiences and strategies when it comes to global competition

- Read business publications and news articles to keep up to date with changes in the global marketplace

By following these tips and applying the knowledge gained from Unit 5, you can improve your business English reading skills and become better equipped to navigate the challenges and opportunities of the globalized economy.