Question 1

Market risk is defined as the risk of loss of assets, earning power, or managerial control due to politically based events or actions by host governments.

Accepted Answer

A) True 
 B)False

Question 2

____ generally are located in Asia, Africa and South America.

Accepted Answer

A)  MNCs 
B)  EUs 
C)  LDCs 
D)  WTOs 
E)  MFNs 
A)  MNCs 
B)  EUs 
C)  LDCs 
D)  WTOs 
E)  MFNs

Question 3

Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's would be considered a:

Accepted Answer

A)  foreign national. 
B)  wealth company. 
C)  multinational corporation. 
D)  globalization corporation. 
E)  None of these. 
A)  foreign national. 
B)  wealth company. 
C)  multinational corporation. 
D)  globalization corporation. 
E)  None of these.

Question 4

According to the GLOBE Project, gender differentiation refers to the extent to which a society maximizes gender role differences.

Accepted Answer

A) True 
 B)False

Question 5

All of the following are components of cultural intelligence, except _____.

Accepted Answer

A)  physical 
B)  cognitive 
C)  emotional 
D)  analytical 
E)  all of these 
A)  physical 
B)  cognitive 
C)  emotional 
D)  analytical 
E)  all of these

Question 6

A foreign terrorist kidnaps your firm's marketing VP while the VP is in the host country. This is a harsh example of:

Accepted Answer

A)  economic development. 
B)  infrastructure. 
C)  political risk. 
D)  international law. 
E)  social risk. 
A)  economic development. 
B)  infrastructure. 
C)  political risk. 
D)  international law. 
E)  social risk.

Question 7

A cultural attitude marked by the tendency to regard one's own culture as superior to others is called:

Accepted Answer

A)  ethnocentrism. 
B)  polycentrism. 
C)  geocentrism 
D)  technocentrism. 
E)  none of these. 
A)  ethnocentrism. 
B)  polycentrism. 
C)  geocentrism 
D)  technocentrism. 
E)  none of these.

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

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 11

In 2010, which of the following countries formed a free trade area with the ten countries that make up the Association of Southeast Asian Nations (ASEAN)?

Accepted Answer

A)  Laos 
B)  United States 
C)  Mexico 
D)  China 
E)  Japan 
A)  Laos 
B)  United States 
C)  Mexico 
D)  China 
E)  Japan

Question 12

Direct investing means that the company is involved in managing the productive assets in a foreign country. There are three options for direct investing. Name and compare these three options.

Accepted Answer

The three options are joint ventures, wh

Question 13

Describe GATT and the World Trade Organization.

Accepted Answer

GATT started as a set of rules to ensure

Question 14

Which of the following characteristics distinguish a multinational corporation?

Accepted Answer

A)  Top management is expected to take a global perspective. 
B)  The corporation is controlled by a single management authority. 
C)  It is managed as an integrated worldwide business system. 
D)  All of these 
E)  Top management is expected to take a global perspective and The corporation is controlled by a single management authority only. 
A)  Top management is expected to take a global perspective. 
B)  The corporation is controlled by a single management authority. 
C)  It is managed as an integrated worldwide business system. 
D)  All of these 
E)  Top management is expected to take a global perspective and The corporation is controlled by a single management authority only.

Question 15

Language, values, religion, and education all describe which dimension in the international environment?

Accepted Answer

A)  Economic 
B)  Legal 
C)  Political 
D)  Sociocultural 
E)  Technological 
A)  Economic 
B)  Legal 
C)  Political 
D)  Sociocultural 
E)  Technological

Question 16

What is global outsourcing? Identify a unique variation of global outsourcing.

Accepted Answer

Global outsourcing is engaging in the in

Question 17

According to the GLOBE Value Dimensions, Japan and Russia both have very high performance orientation.

Accepted Answer

A) True 
 B)False

Question 18

_____ is a concept that proposes that corporations can alleviate poverty and other social ills by selling to the world's poorest people.

Accepted Answer

A)  Cream of the crop 
B)  Skimming the barrel 
C)  Bottom of the pyramid 
D)  Top of the peak 
E)  Base hierarchy 
A)  Cream of the crop 
B)  Skimming the barrel 
C)  Bottom of the pyramid 
D)  Top of the peak 
E)  Base hierarchy

Question 19

A multinational corporation typically receives more than 25 percent of its total sales revenues from operations inside the parent's home country.

Accepted Answer

A) True 
 B)False

Question 20

What is exporting?

Accepted Answer

A)  Countertrade 
B)  The barter of products for products, often used in developing nations 
C)  Items produced in the home country for sale in foreign markets 
D)  All of these 
E)  None of these 
A)  Countertrade 
B)  The barter of products for products, often used in developing nations 
C)  Items produced in the home country for sale in foreign markets 
D)  All of these 
E)  None of these

Market risk is defined as the risk of loss of assets, earning power, or managerial control due to politically based events or actions by host governments.

____ generally are located in Asia, Africa and South America.

Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's would be considered a:

According to the GLOBE Project, gender differentiation refers to the extent to which a society maximizes gender role differences.

All of the following are components of cultural intelligence, except _____.

A foreign terrorist kidnaps your firm's marketing VP while the VP is in the host country. This is a harsh example of:

A cultural attitude marked by the tendency to regard one's own culture as superior to others is called:

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

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

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

In 2010, which of the following countries formed a free trade area with the ten countries that make up the Association of Southeast Asian Nations (ASEAN)?

Direct investing means that the company is involved in managing the productive assets in a foreign country. There are three options for direct investing. Name and compare these three options.

Describe GATT and the World Trade Organization.

Which of the following characteristics distinguish a multinational corporation?

Language, values, religion, and education all describe which dimension in the international environment?

What is global outsourcing? Identify a unique variation of global outsourcing.

According to the GLOBE Value Dimensions, Japan and Russia both have very high performance orientation.

_____ is a concept that proposes that corporations can alleviate poverty and other social ills by selling to the world's poorest people.

A multinational corporation typically receives more than 25 percent of its total sales revenues from operations inside the parent's home country.

What is exporting?

The World of Innovative Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managing Start Ups and New Ventures

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resource

Managing Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

Exam 4: Managing in a Global Environment

Market risk is defined as the risk of loss of assets, earning power, or managerial control due to politically based events or actions by host governments.

____ generally are located in Asia, Africa and South America.

Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's would be considered a:

According to the GLOBE Project, gender differentiation refers to the extent to which a society maximizes gender role differences.

All of the following are components of cultural intelligence, except _____.

A foreign terrorist kidnaps your firm's marketing VP while the VP is in the host country. This is a harsh example of:

A cultural attitude marked by the tendency to regard one's own culture as superior to others is called:

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

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

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

In 2010, which of the following countries formed a free trade area with the ten countries that make up the Association of Southeast Asian Nations (ASEAN)?

Direct investing means that the company is involved in managing the productive assets in a foreign country. There are three options for direct investing. Name and compare these three options.

Describe GATT and the World Trade Organization.

Which of the following characteristics distinguish a multinational corporation?

Language, values, religion, and education all describe which dimension in the international environment?

What is global outsourcing? Identify a unique variation of global outsourcing.

According to the GLOBE Value Dimensions, Japan and Russia both have very high performance orientation.

_____ is a concept that proposes that corporations can alleviate poverty and other social ills by selling to the world's poorest people.

A multinational corporation typically receives more than 25 percent of its total sales revenues from operations inside the parent's home country.

What is exporting?

The World of Innovative Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managing Start Ups and New Ventures

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resource

Managing Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters