Question 1

According to your text,FDI means

Accepted Answer

A)  Foreign development initiatives. 
B)  Various investment policies of the U.S.government. 
C)  A foreign company has an ownership position in a company in another country. 
D)  A type of international negotiation strategy. 
A)  Foreign development initiatives. 
B)  Various investment policies of the U.S.government. 
C)  A foreign company has an ownership position in a company in another country. 
D)  A type of international negotiation strategy.

Question 2

Aggressive multinational companies from emerging markets are

Accepted Answer

A)  expanding beyond their own borders. 
B)  staying within their own national borders. 
C)  help transition from a communist to a capitalist system. 
D)  unable to compete with western companies. 
A)  expanding beyond their own borders. 
B)  staying within their own national borders. 
C)  help transition from a communist to a capitalist system. 
D)  unable to compete with western companies.

Question 3

Which of the following statements is true about privatization?

Accepted Answer

A)  Developing nations have the highest rate of privatization. 
B)  The leading privatizers in the world do not face competition. 
C)  Privatization is the sale of private business to government investors. 
D)  Privatization is absent in transition economies. 
A)  Developing nations have the highest rate of privatization. 
B)  The leading privatizers in the world do not face competition. 
C)  Privatization is the sale of private business to government investors. 
D)  Privatization is absent in transition economies.

Question 4

Why should multinational management be studied? What are some of the elements of a strategic approach to multinational management?

Accepted Answer

Answers will vary.Students should emphas

Question 5

Future trends indicate that _____ matters more than size of the company.

Accepted Answer

A)  location 
B)  price 
C)  flexibility 
D)  a high standard 
A)  location 
B)  price 
C)  flexibility 
D)  a high standard

Question 6

What are some of the reasons why globalization and free trade are being criticized? Do you think that free trade is helping all countries? Why or why not?

Accepted Answer

Answers will vary.Some criticisms studen

Question 7

Globalization is

Accepted Answer

A)  The trend of businesses expanding beyond their domestic boundaries. 
B)  Increasing average temperature over the globe. 
C)  The increased use of global satellite communication systems. 
D)  A strategy of developing unique products for each nation in the world. 
A)  The trend of businesses expanding beyond their domestic boundaries. 
B)  Increasing average temperature over the globe. 
C)  The increased use of global satellite communication systems. 
D)  A strategy of developing unique products for each nation in the world.

Question 8

Emerging markets are defined as those that are:

Accepted Answer

A)  Growing rapidly. 
B)  Transitioning from a communist-controlled economy to capitalism. 
C)  Seen to have impact only sporadically. 
D)  Enjoying a mature economy. 
A)  Growing rapidly. 
B)  Transitioning from a communist-controlled economy to capitalism. 
C)  Seen to have impact only sporadically. 
D)  Enjoying a mature economy.

Question 9

Which of the following is not a classification of economic systems noted in the text?

Accepted Answer

A)  Domestic economies 
B)  Transition economies 
C)  LDCs 
D)  Emerging markets 
A)  Domestic economies 
B)  Transition economies 
C)  LDCs 
D)  Emerging markets

Question 10

Developing economies are

Accepted Answer

A)  Mature economies with substantial per capita GDP and international trade. 
B)  Hong Kong,Singapore,and Taiwan. 
C)  Countries in the process of changing their economies from government-controlled to a more free market capitalism. 
D)  None of the above 
A)  Mature economies with substantial per capita GDP and international trade. 
B)  Hong Kong,Singapore,and Taiwan. 
C)  Countries in the process of changing their economies from government-controlled to a more free market capitalism. 
D)  None of the above

Question 11

Global standards for products

Accepted Answer

A)  Are virtually impossible in technical industries. 
B)  Refer to having one product standard for all countries. 
C)  Puts companies at a strategic disadvantage. 
D)  All of the above 
A)  Are virtually impossible in technical industries. 
B)  Refer to having one product standard for all countries. 
C)  Puts companies at a strategic disadvantage. 
D)  All of the above

Question 12

Discuss some reasons why reductions in world trade barriers are driving the world toward a global economy.

Accepted Answer

Answers will vary.Students sho

Question 13

The economic agreement that links the US,Canada,and Mexico in an economic bloc that allows freer exchange of goods and services is known as the

Accepted Answer

A)  EU. 
B)  OPEC. 
C)  APEC. 
D)  None of the above 
A)  EU. 
B)  OPEC. 
C)  APEC. 
D)  None of the above

Question 14

The largest company in the world is:

Accepted Answer

A)  Wal-Mart Stores. 
B)  BP. 
C)  Royal Dutch Shell. 
D)  Chevron. 
A)  Wal-Mart Stores. 
B)  BP. 
C)  Royal Dutch Shell. 
D)  Chevron.

Question 15

Global trade has this important effect on developing new competitors.

Accepted Answer

A)  It facilitates the transfer of technology,allowing former assemblers to become creators. 
B)  It facilitates the transfer of knowledge,allowing former builders to become assemblers. 
C)  It reduces competition. 
D)  It reduces rivalry. 
A)  It facilitates the transfer of technology,allowing former assemblers to become creators. 
B)  It facilitates the transfer of knowledge,allowing former builders to become assemblers. 
C)  It reduces competition. 
D)  It reduces rivalry.

Question 16

Anything that a government might do to affect a multinational adversely is known as

Accepted Answer

A)  Exchange rate risk. 
B)  Business risk. 
C)  Sales risk. 
D)  Political risk. 
A)  Exchange rate risk. 
B)  Business risk. 
C)  Sales risk. 
D)  Political risk.

Question 17

Economic risks discussed in the text include

Accepted Answer

A)  Anything a government might do or not do that might adversely affect a company. 
B)  The likelihood of losing money if one invests in stocks. 
C)  Exchange and interest rates. 
D)  Expropriating of foreign firms by the local government without any compensation. 
A)  Anything a government might do or not do that might adversely affect a company. 
B)  The likelihood of losing money if one invests in stocks. 
C)  Exchange and interest rates. 
D)  Expropriating of foreign firms by the local government without any compensation.

Question 18

A global mindset requires managers to think globally but

Accepted Answer

A)  act locally. 
B)  have emotional intelligence. 
C)  understand national cultures. 
D)  need accomplished negotiation skills. 
A)  act locally. 
B)  have emotional intelligence. 
C)  understand national cultures. 
D)  need accomplished negotiation skills.

Question 19

Look at the information on the world's leading exporters discussed in the text.Do you think these trends will continue in the future? Why?

Accepted Answer

Answers will vary but should d

Question 20

How is the Internet and Information technology helping companies deal with a global economy? How is the Internet and Information technology helping small companies and even companies from poorer nations?

Accepted Answer

Answers will vary.Students should state

According to your text,FDI means

Aggressive multinational companies from emerging markets are

Which of the following statements is true about privatization?

Why should multinational management be studied? What are some of the elements of a strategic approach to multinational management?

Future trends indicate that _____ matters more than size of the company.

What are some of the reasons why globalization and free trade are being criticized? Do you think that free trade is helping all countries? Why or why not?

Globalization is

Emerging markets are defined as those that are:

Which of the following is not a classification of economic systems noted in the text?

Developing economies are

Global standards for products

Discuss some reasons why reductions in world trade barriers are driving the world toward a global economy.

The economic agreement that links the US,Canada,and Mexico in an economic bloc that allows freer exchange of goods and services is known as the

The largest company in the world is:

Global trade has this important effect on developing new competitors.

Anything that a government might do to affect a multinational adversely is known as

Economic risks discussed in the text include

A global mindset requires managers to think globally but

Look at the information on the world's leading exporters discussed in the text.Do you think these trends will continue in the future? Why?

How is the Internet and Information technology helping companies deal with a global economy? How is the Internet and Information technology helping small companies and even companies from poorer nations?

Culture and Multinational Management

The Institutional Context of Multinational Management

Managing Ethical and Social Responsibility Challenges in Multinational Companies

Strategic Management in the Multinational Company: Content and Formulation

Multinational and Entry-Mode Strategies: Content and Formulation

Small Businesses and International Entrepreneurship:

Organizational Design for Multinational Companies

International Strategic Alliances: Management and Design

Multinational E-Commerce: Strategies and Structures

International Human Resource Management

Hrm in the Local Context: Knowing When and How to Adapt

International Negotiation and Cross-Cultural Communication

Motivation in Multinational Companies

Leadership and Management Behavior in Multinational Companies

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Exam 1: Multinational Management in a Changing World

According to your text,FDI means

Aggressive multinational companies from emerging markets are

Which of the following statements is true about privatization?

Why should multinational management be studied? What are some of the elements of a strategic approach to multinational management?

Future trends indicate that _____ matters more than size of the company.

What are some of the reasons why globalization and free trade are being criticized? Do you think that free trade is helping all countries? Why or why not?

Globalization is

Emerging markets are defined as those that are:

Which of the following is not a classification of economic systems noted in the text?

Developing economies are

Global standards for products

Discuss some reasons why reductions in world trade barriers are driving the world toward a global economy.

The economic agreement that links the US,Canada,and Mexico in an economic bloc that allows freer exchange of goods and services is known as the

The largest company in the world is:

Global trade has this important effect on developing new competitors.

Anything that a government might do to affect a multinational adversely is known as

Economic risks discussed in the text include

A global mindset requires managers to think globally but

Look at the information on the world's leading exporters discussed in the text.Do you think these trends will continue in the future? Why?

How is the Internet and Information technology helping companies deal with a global economy? How is the Internet and Information technology helping small companies and even companies from poorer nations?

Culture and Multinational Management

The Institutional Context of Multinational Management

Managing Ethical and Social Responsibility Challenges in Multinational Companies

Strategic Management in the Multinational Company: Content and Formulation

Multinational and Entry-Mode Strategies: Content and Formulation

Small Businesses and International Entrepreneurship:

Organizational Design for Multinational Companies

International Strategic Alliances: Management and Design

Multinational E-Commerce: Strategies and Structures

International Human Resource Management

Hrm in the Local Context: Knowing When and How to Adapt

International Negotiation and Cross-Cultural Communication

Motivation in Multinational Companies

Leadership and Management Behavior in Multinational Companies

Filters