Question 1

Globalization results from a dramatic increase in all of the following EXCEPT:

Accepted Answer

A)  protectionism. 
B)  international trade. 
C)  cultural exchange. 
D)  foreign direct investment. 
A)  protectionism. 
B)  international trade. 
C)  cultural exchange. 
D)  foreign direct investment. A

Question 2

In the late 1980s, the then U.S. Treasury Secretary helped to get Latin American debts to the major commercial banks converted into U.S. government-backed bonds. These bonds are called:

Accepted Answer

A)  High-yield bonds. 
B)  Brady bonds. 
C)  Junk bonds. 
D)  Municipal bonds. 
A)  High-yield bonds. 
B)  Brady bonds. 
C)  Junk bonds. 
D)  Municipal bonds. B

Question 3

The market for corporate control is beginning to expand worldwide.

Accepted Answer

A) True 
 B)False  True

Question 4

Under the Foreign Corrupt Practices Act, ''facilitating payments'' are not allowed.

Accepted Answer

A) True 
 B)False

Question 5

What is the IMF's basic function?

Accepted Answer

A)  To improve the living standards of people in the developing world. 
B)  To advise nations on how to establish sound political policies. 
C)  To provide a means for the exchange of currencies among different nations. 
D)  To fight poverty in all nations. 
A)  To improve the living standards of people in the developing world. 
B)  To advise nations on how to establish sound political policies. 
C)  To provide a means for the exchange of currencies among different nations. 
D)  To fight poverty in all nations.

Question 6

What is outsourcing and what is its impact on the U.S.?

Accepted Answer

Outsourcing occurs when activities, such

Question 7

Ethical choices in international management often mean choosing between either two bad choices where you try to do the least harm, or paradoxically, between two rights.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following offered an alternative opportunity for financing, while the public could invest in growing firms or firms undergoing turnarounds while enjoying higher interest?

Accepted Answer

A)  Junk bonds 
B)  Municipal bonds 
C)  Treasury bonds 
D)  Brady bonds 
A)  Junk bonds 
B)  Municipal bonds 
C)  Treasury bonds 
D)  Brady bonds

Question 9

What is a fab lab and how is it useful?

Accepted Answer

The flow of information about the need t

Question 10

The _____ of home mortgages occurred in the 1970s, when bonds in dominations as small as $1,000 were created.

Accepted Answer

A)  commercialization 
B)  disruptive innovation 
C)  privatization 
D)  securitization 
A)  commercialization 
B)  disruptive innovation 
C)  privatization 
D)  securitization

Question 11

The establishment of rules by the World Trade Organization is an umbrella agreement called the:

Accepted Answer

A)  OECD. 
B)  NAFTA. 
C)  GATT. 
D)  ITO. 
A)  OECD. 
B)  NAFTA. 
C)  GATT. 
D)  ITO.

Question 12

Which country is seen as the greatest market opportunity in the world?

Accepted Answer

A)  China 
B)  India 
C)  Japan 
D)  Thailand 
A)  China 
B)  India 
C)  Japan 
D)  Thailand

Question 13

What is the purpose of the fab lab?

Accepted Answer

A)  To train managers around the world and to ensure that the global managers are using consistent methods. 
B)  To give backyard and desktop inventors access to design houses and job shops to produce prototypes. 
C)  Creating a Global Production Center to ensure state-of-the-art production methods are used around the world. 
D)  Focusing on quality manufacturing and a commitment to innovation, even at the lower end of the marketplace. 
A)  To train managers around the world and to ensure that the global managers are using consistent methods. 
B)  To give backyard and desktop inventors access to design houses and job shops to produce prototypes. 
C)  Creating a Global Production Center to ensure state-of-the-art production methods are used around the world. 
D)  Focusing on quality manufacturing and a commitment to innovation, even at the lower end of the marketplace.

Question 14

One of the recent trends in international management has been the growth of multinational and bilateral agreements with the goal of encouraging free trade.

Accepted Answer

A) True 
 B)False

Question 15

The flow of information about the need to be able to act on specific problems has led to a new invention from Massachusetts Institute of Technology called the:

Accepted Answer

A)  self-replicating machine. 
B)  digital fabricator. 
C)  RepRap Project. 
D)  fab lab. 
A)  self-replicating machine. 
B)  digital fabricator. 
C)  RepRap Project. 
D)  fab lab.

Question 16

What is the stated goal of the World Bank?

Accepted Answer

A)  Lending to different nations if their balance of payments is such that they have shortages that threaten the stability of their monetary system. 
B)  Providing additional stability to the economic systems of the various member states of the Bretton Woods Agreements. 
C)  Providing a means for the exchange of currencies among different nations. 
D)  Fighting poverty and improving the living standards of people in the developing world. 
A)  Lending to different nations if their balance of payments is such that they have shortages that threaten the stability of their monetary system. 
B)  Providing additional stability to the economic systems of the various member states of the Bretton Woods Agreements. 
C)  Providing a means for the exchange of currencies among different nations. 
D)  Fighting poverty and improving the living standards of people in the developing world.

Question 17

The number of jobs insourced to the U.S. increased even more than those outsourced in 2000.

Accepted Answer

A) True 
 B)False

Question 18

The original six members of the European Union were Austria, West Germany, Luxembourg, France, Italy, and the Netherlands.

Accepted Answer

A) True 
 B)False

Question 19

China is now the largest recipient of foreign direct investment.

Accepted Answer

A) True 
 B)False

Question 20

All of the following are major provisions of the Sarbanes-Oxley Act EXCEPT:

Accepted Answer

A)  CEO and CFO certification of financial reports. 
B)  ban on loans to insiders, excepting executive officers and directors. 
C)  real-time disclosure of material events. 
D)  enhancement of criminal and civil penalties for violations of securities law. 
A)  CEO and CFO certification of financial reports. 
B)  ban on loans to insiders, excepting executive officers and directors. 
C)  real-time disclosure of material events. 
D)  enhancement of criminal and civil penalties for violations of securities law.

Globalization results from a dramatic increase in all of the following EXCEPT:

In the late 1980s, the then U.S. Treasury Secretary helped to get Latin American debts to the major commercial banks converted into U.S. government-backed bonds. These bonds are called:

The market for corporate control is beginning to expand worldwide.

Under the Foreign Corrupt Practices Act, ''facilitating payments'' are not allowed.

What is the IMF's basic function?

What is outsourcing and what is its impact on the U.S.?

Ethical choices in international management often mean choosing between either two bad choices where you try to do the least harm, or paradoxically, between two rights.

Which of the following offered an alternative opportunity for financing, while the public could invest in growing firms or firms undergoing turnarounds while enjoying higher interest?

What is a fab lab and how is it useful?

The _____ of home mortgages occurred in the 1970s, when bonds in dominations as small as $1,000 were created.

The establishment of rules by the World Trade Organization is an umbrella agreement called the:

Which country is seen as the greatest market opportunity in the world?

What is the purpose of the fab lab?

One of the recent trends in international management has been the growth of multinational and bilateral agreements with the goal of encouraging free trade.

The flow of information about the need to be able to act on specific problems has led to a new invention from Massachusetts Institute of Technology called the:

What is the stated goal of the World Bank?

The number of jobs insourced to the U.S. increased even more than those outsourced in 2000.

The original six members of the European Union were Austria, West Germany, Luxembourg, France, Italy, and the Netherlands.

China is now the largest recipient of foreign direct investment.

All of the following are major provisions of the Sarbanes-Oxley Act EXCEPT:

Culture and International Management

The Economic, Legal, and Political Environment

Strategy Fundamentals and Corporate Strategy

International Market Entry

Business- and Functional-Level Strategy

Motivation

Leadership

Decision Making

Influence and Negotiation

Evaluation and Control

Human Resources Management

The Structure of the International Firm

The Future of International Management

Filters

Exam 1: Introduction to International Management

Globalization results from a dramatic increase in all of the following EXCEPT:

In the late 1980s, the then U.S. Treasury Secretary helped to get Latin American debts to the major commercial banks converted into U.S. government-backed bonds. These bonds are called:

The market for corporate control is beginning to expand worldwide.

Under the Foreign Corrupt Practices Act, ''facilitating payments'' are not allowed.

What is the IMF's basic function?

What is outsourcing and what is its impact on the U.S.?

Ethical choices in international management often mean choosing between either two bad choices where you try to do the least harm, or paradoxically, between two rights.

Which of the following offered an alternative opportunity for financing, while the public could invest in growing firms or firms undergoing turnarounds while enjoying higher interest?

What is a fab lab and how is it useful?

The _____ of home mortgages occurred in the 1970s, when bonds in dominations as small as $1,000 were created.

The establishment of rules by the World Trade Organization is an umbrella agreement called the:

Which country is seen as the greatest market opportunity in the world?

What is the purpose of the fab lab?

One of the recent trends in international management has been the growth of multinational and bilateral agreements with the goal of encouraging free trade.

The flow of information about the need to be able to act on specific problems has led to a new invention from Massachusetts Institute of Technology called the:

What is the stated goal of the World Bank?

The number of jobs insourced to the U.S. increased even more than those outsourced in 2000.

The original six members of the European Union were Austria, West Germany, Luxembourg, France, Italy, and the Netherlands.

China is now the largest recipient of foreign direct investment.

All of the following are major provisions of the Sarbanes-Oxley Act EXCEPT:

Culture and International Management

The Economic, Legal, and Political Environment

Strategy Fundamentals and Corporate Strategy

International Market Entry

Business- and Functional-Level Strategy

Motivation

Leadership

Decision Making

Influence and Negotiation

Evaluation and Control

Human Resources Management

The Structure of the International Firm

The Future of International Management

Filters