Question 1

A high humane orientation means that a society encourages toughness,assertiveness and competitiveness.

Accepted Answer

A) True 
 B)False

Question 2

If she should decide to take the job,she will be most successful in a foreign assignment if she has:

Accepted Answer

A)  culture shock. 
B)  cultural intelligence. 
C)  linguistic pluralism. 
D)  ethnocentrism. 
E)  geocentrism. 
A)  culture shock. 
B)  cultural intelligence. 
C)  linguistic pluralism. 
D)  ethnocentrism. 
E)  geocentrism.

Question 3

A value that reflects a loosely knit social framework in which individuals are expected to take care of themselves is called:

Accepted Answer

A)  culture. 
B)  individualism. 
C)  ethnocentrism. 
D)  masculinity. 
E)  power distance. 
A)  culture. 
B)  individualism. 
C)  ethnocentrism. 
D)  masculinity. 
E)  power distance.

Question 4

A company is considering forming an alliance with a foreign manufacturer to develop a new type of polymer that can be used for industrial applications.Such a partnership represents what type of direct investment

Accepted Answer

A)  Franchising 
B)  Joint Venture 
C)  Wholly owned affiliate 
D)  Greenfield venture 
E)  Outsourcing 
A)  Franchising 
B)  Joint Venture 
C)  Wholly owned affiliate 
D)  Greenfield venture 
E)  Outsourcing

Question 5

The social value of uncertainty avoidance is evident in countries like Greece,which support beliefs that provide stability and conformity among its citizenry.

Accepted Answer

A) True 
 B)False

Question 6

A company wants to build a new factory from scratch overseas.This is an example of:

Accepted Answer

A)  franchising. 
B)  greenfield venture. 
C)  joint venture. 
D)  exporting. 
E)  licensing. 
A)  franchising. 
B)  greenfield venture. 
C)  joint venture. 
D)  exporting. 
E)  licensing.

Question 7

A company's risk of loss of assets,of reduced earning power and of losing managerial control because of adverse events and actions taken by a host government is referred to as:

Accepted Answer

A)  GDP 
B)  Political risk. 
C)  Tariffs. 
D)  Duties. 
E)  Quotas. 
A)  GDP 
B)  Political risk. 
C)  Tariffs. 
D)  Duties. 
E)  Quotas.

Question 8

For the past several years,global companies have invested in _____ more than in any other country in the world.

Accepted Answer

A)  Croatia 
B)  Latvia 
C)  China 
D)  Iceland 
E)  Russia 
A)  Croatia 
B)  Latvia 
C)  China 
D)  Iceland 
E)  Russia

Question 9

_____ reflects the values of relationships,cooperation,group decision making and quality of life.

Accepted Answer

The answer of _____ reflects the values of relationships,cooperation,group decision...

Question 10

Which of the following organization has a goal to guide the nations of the world toward more free trade and open markets

Accepted Answer

A)  EU Parliament 
B)  WTO 
C)  GLOBE Project 
D)  EU Commission 
E)  NAFTA 
A)  EU Parliament 
B)  WTO 
C)  GLOBE Project 
D)  EU Commission 
E)  NAFTA

Question 11

When making foreign direct investments,companies that purchase insurance against the possible expropriation of their assets by host governments is an example of which sector of the international business environment

Accepted Answer

A)  Political and legal 
B)  Sociocultural 
C)  Technological 
D)  Economic 
E)  Infrastructure 
A)  Political and legal 
B)  Sociocultural 
C)  Technological 
D)  Economic 
E)  Infrastructure

Question 12

Because of cheap labour,most international business firms are headquartered in the less developed countries of Asia and South America.

Accepted Answer

A) True 
 B)False

Question 13

An example of global outsourcing is seen when Gap,Inc uses low-cost Caribbean labour to cheaply produce its clothing,and then finishes off and sells its clothing in the United States.

Accepted Answer

A) True 
 B)False

Question 14

Large international firms typically are called multinational corporations.

Accepted Answer

A) True 
 B)False

Question 15

Direct investing means that the company is involved in managing the productive assets,which distinguishes it from other entry strategies that permit less managerial control.

Accepted Answer

A) True 
 B)False

Question 16

Which of these reflects a cultural preference for cooperation,group decision making and quality of life

Accepted Answer

A)  Individualism 
B)  Collectivism 
C)  Masculinity 
D)  Femininity 
E)  Power distance 
A)  Individualism 
B)  Collectivism 
C)  Masculinity 
D)  Femininity 
E)  Power distance

Question 17

William has a high tolerance for the unstructured,the unclear and the unpredictable.He can best be described as having:

Accepted Answer

A)  high uncertainty avoidance. 
B)  low uncertainty avoidance. 
C)  high degree of individualism. 
D)  low degree of individualism. 
E)  low level of power distance. 
A)  high uncertainty avoidance. 
B)  low uncertainty avoidance. 
C)  high degree of individualism. 
D)  low degree of individualism. 
E)  low level of power distance.

Question 18

The countries experiencing political stability face the greatest threat of violence.

Accepted Answer

A) True 
 B)False

Question 19

The management of business conducted in more than one country is called:

Accepted Answer

A)  global management. 
B)  international business management. 
C)  outsourcing management. 
D)  planning management. 
E)  domestic management. 
A)  global management. 
B)  international business management. 
C)  outsourcing management. 
D)  planning management. 
E)  domestic management.

Question 20

MNCs that are truly world-oriented and favour no specific country are considered _____.

Accepted Answer

geocentric

A high humane orientation means that a society encourages toughness,assertiveness and competitiveness.

If she should decide to take the job,she will be most successful in a foreign assignment if she has:

A value that reflects a loosely knit social framework in which individuals are expected to take care of themselves is called:

A company is considering forming an alliance with a foreign manufacturer to develop a new type of polymer that can be used for industrial applications.Such a partnership represents what type of direct investment

The social value of uncertainty avoidance is evident in countries like Greece,which support beliefs that provide stability and conformity among its citizenry.

A company wants to build a new factory from scratch overseas.This is an example of:

A company's risk of loss of assets,of reduced earning power and of losing managerial control because of adverse events and actions taken by a host government is referred to as:

For the past several years,global companies have invested in _____ more than in any other country in the world.

_____ reflects the values of relationships,cooperation,group decision making and quality of life.

Which of the following organization has a goal to guide the nations of the world toward more free trade and open markets

When making foreign direct investments,companies that purchase insurance against the possible expropriation of their assets by host governments is an example of which sector of the international business environment

Because of cheap labour,most international business firms are headquartered in the less developed countries of Asia and South America.

An example of global outsourcing is seen when Gap,Inc uses low-cost Caribbean labour to cheaply produce its clothing,and then finishes off and sells its clothing in the United States.

Large international firms typically are called multinational corporations.

Direct investing means that the company is involved in managing the productive assets,which distinguishes it from other entry strategies that permit less managerial control.

Which of these reflects a cultural preference for cooperation,group decision making and quality of life

William has a high tolerance for the unstructured,the unclear and the unpredictable.He can best be described as having:

The countries experiencing political stability face the greatest threat of violence.

The management of business conducted in more than one country is called:

MNCs that are truly world-oriented and favour no specific country are considered _____.

Introduction to Management

The Evolution of Management Thinking

The Organization and Corporate Culture

The Dynamics of Alternative Organizational Forms

Managing Ethics and Social Corporate Governance

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Managing Small Business Start-Ups

Managing Change and Innovation

Managing Corporate Diversity

Leadership

Managing Human Resources

Managing Communication

Leading Teams

Filters

Exam 5: Managing in a Global Environment

A high humane orientation means that a society encourages toughness,assertiveness and competitiveness.

If she should decide to take the job,she will be most successful in a foreign assignment if she has:

A value that reflects a loosely knit social framework in which individuals are expected to take care of themselves is called:

A company is considering forming an alliance with a foreign manufacturer to develop a new type of polymer that can be used for industrial applications.Such a partnership represents what type of direct investment

The social value of uncertainty avoidance is evident in countries like Greece,which support beliefs that provide stability and conformity among its citizenry.

A company wants to build a new factory from scratch overseas.This is an example of:

A company's risk of loss of assets,of reduced earning power and of losing managerial control because of adverse events and actions taken by a host government is referred to as:

For the past several years,global companies have invested in _____ more than in any other country in the world.

_____ reflects the values of relationships,cooperation,group decision making and quality of life.

Which of the following organization has a goal to guide the nations of the world toward more free trade and open markets

When making foreign direct investments,companies that purchase insurance against the possible expropriation of their assets by host governments is an example of which sector of the international business environment

Because of cheap labour,most international business firms are headquartered in the less developed countries of Asia and South America.

An example of global outsourcing is seen when Gap,Inc uses low-cost Caribbean labour to cheaply produce its clothing,and then finishes off and sells its clothing in the United States.

Large international firms typically are called multinational corporations.

Direct investing means that the company is involved in managing the productive assets,which distinguishes it from other entry strategies that permit less managerial control.

Which of these reflects a cultural preference for cooperation,group decision making and quality of life

William has a high tolerance for the unstructured,the unclear and the unpredictable.He can best be described as having:

The countries experiencing political stability face the greatest threat of violence.

The management of business conducted in more than one country is called:

MNCs that are truly world-oriented and favour no specific country are considered _____.

Introduction to Management

The Evolution of Management Thinking

The Organization and Corporate Culture

The Dynamics of Alternative Organizational Forms

Managing Ethics and Social Corporate Governance

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Managing Small Business Start-Ups

Managing Change and Innovation

Managing Corporate Diversity

Leadership

Managing Human Resources

Managing Communication

Leading Teams

Filters