Question 1

The European Union consists of:

Accepted Answer

A) 25 member nations, with the 26th scheduled to become a member in 2013. 
B) 26 member nations, with the 27th scheduled to become a member in 2013. 
C) 27 member nations, with the 28th scheduled to become a member in 2013. 
D) 25 member nations, with no others scheduled to become a member in 2013. 
A) 25 member nations, with the 26th scheduled to become a member in 2013. 
B) 26 member nations, with the 27th scheduled to become a member in 2013. 
C) 27 member nations, with the 28th scheduled to become a member in 2013. 
D) 25 member nations, with no others scheduled to become a member in 2013. C

Question 2

The two forms of risk discussed in the text include

Accepted Answer

A) Exchange rate risk and corruption risk. 
B) Business risk and social risk. 
C) Sales risk and employment risk. 
D) Economic and political risk. 
A) Exchange rate risk and corruption risk. 
B) Business risk and social risk. 
C) Sales risk and employment risk. 
D) Economic and political risk. D

Question 3

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. A

Question 4

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 5

Discuss at least two major forces that are driving the world toward a global economy.

Accepted Answer

Answers will vary.Students should addres

Question 6

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 7

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 8

Which of the following statements about globalization is false?

Accepted Answer

A) Globalization is a simple evolutionary process. 
B) Not all economies of the world are benefiting equally from globalization. 
C) Terrorism, wars and SARS has limited and even reversed the effects of globalization. 
D) All of the above statements are false. 
A) Globalization is a simple evolutionary process. 
B) Not all economies of the world are benefiting equally from globalization. 
C) Terrorism, wars and SARS has limited and even reversed the effects of globalization. 
D) All of the above statements are false.

Question 9

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 10

What is corporate social responsibility? Why are firms trying to become socially responsible?

Accepted Answer

Answers will vary.Students should explai

Question 11

The strategic approach to multinational management

Accepted Answer

A) Involves the development of one strategy for all countries. 
B) Focuses on the skills and aptitudes that the next generation of global managers will need. 
C) Is concerned with developing strategies that deal with operating in more than one country and culture. 
D) None of the above 
A) Involves the development of one strategy for all countries. 
B) Focuses on the skills and aptitudes that the next generation of global managers will need. 
C) Is concerned with developing strategies that deal with operating in more than one country and culture. 
D) None of the above

Question 12

The set of technical standards developed by the International Organization for Standardization are known as

Accepted Answer

A) ISO 92. 
B) ISO 14000. 
C) ISO 9001: 2000. 
D) None of the above 
A) ISO 92. 
B) ISO 14000. 
C) ISO 9001: 2000. 
D) None of the above

Question 13

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 14

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 15

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 16

Discuss how any company can become a multinational company.What are some of the options available to companies that allow them to use international markets and locations competitively?

Accepted Answer

Answers will vary.Students sho

Question 17

Global customers:

Accepted Answer

A) Search for government-controlled enterprises. 
B) Provide reduced government trade protection. 
C) Search the world for their supplies without regard to national boundaries. 
D) Encourage large firms to sell to them. 
A) Search for government-controlled enterprises. 
B) Provide reduced government trade protection. 
C) Search the world for their supplies without regard to national boundaries. 
D) Encourage large firms to sell to them.

Question 18

Emerging markets are

Accepted Answer

A) Located mostly in Africa and South America. 
B) Similar to developed economies. 
C) Those countries between developed and developing countries that present tremendous opportunities. 
D) have free trade areas. 
A) Located mostly in Africa and South America. 
B) Similar to developed economies. 
C) Those countries between developed and developing countries that present tremendous opportunities. 
D) have free trade areas.

Question 19

Emerging markets include

Accepted Answer

A) OECD countries. 
B) Brazil, China, Russia, India. 
C) Korea, Japan and USA. 
D) Hungary, Poland, Slovakia. 
A) OECD countries. 
B) Brazil, China, Russia, India. 
C) Korea, Japan and USA. 
D) Hungary, Poland, Slovakia.

Question 20

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

The European Union consists of:

The two forms of risk discussed in the text include

Emerging markets are defined as those that are:

Globalization is

Discuss at least two major forces that are driving the world toward a global economy.

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

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?

Which of the following statements about globalization is false?

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

What is corporate social responsibility? Why are firms trying to become socially responsible?

The strategic approach to multinational management

The set of technical standards developed by the International Organization for Standardization are known as

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?

Which of the following statements is true about privatization?

Developing economies are

Discuss how any company can become a multinational company.What are some of the options available to companies that allow them to use international markets and locations competitively?

Global customers:

Emerging markets are

Emerging markets include

Global standards for products

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

The European Union consists of:

The two forms of risk discussed in the text include

Emerging markets are defined as those that are:

Globalization is

Discuss at least two major forces that are driving the world toward a global economy.

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

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?

Which of the following statements about globalization is false?

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

What is corporate social responsibility? Why are firms trying to become socially responsible?

The strategic approach to multinational management

The set of technical standards developed by the International Organization for Standardization are known as

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?

Which of the following statements is true about privatization?

Developing economies are

Discuss how any company can become a multinational company.What are some of the options available to companies that allow them to use international markets and locations competitively?

Global customers:

Emerging markets are

Emerging markets include

Global standards for products

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