Question 1

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 2

Transition economies are

Accepted Answer

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

Question 3

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 4

Discuss the differences between foreign trade and foreign direct investment.

Accepted Answer

Answers will vary but should demonstrate

Question 5

The best definition of multinational management includes which of these factors:

Accepted Answer

A) The formulation of strategies and management systems. 
B) Designed to take advantage of international opportunities. 
C) And to respond to international threats. 
D) All of the above. 
A) The formulation of strategies and management systems. 
B) Designed to take advantage of international opportunities. 
C) And to respond to international threats. 
D) All of the above.

Question 6

Which of the following statements about the Internet and Information Technology is true?

Accepted Answer

A) The Internet is benefiting companies worldwide. 
B) Electronic communications does not allow companies to communicate with locations around the world. 
C) Information technology is not encouraging a borderless financial market. 
D) Information technology does not allow the sharing of information around the world. 
A) The Internet is benefiting companies worldwide. 
B) Electronic communications does not allow companies to communicate with locations around the world. 
C) Information technology is not encouraging a borderless financial market. 
D) Information technology does not allow the sharing of information around the world.

Question 7

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

Question 8

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 9

According to the text,all of the following includes factors that will shape the future business environment EXCEPT

Accepted Answer

A) Blurring of industry barriers. 
B) Finding your niche. 
C) Ability to find cheap labor. 
D) Emphasis on innovation and the learning organization. 
A) Blurring of industry barriers. 
B) Finding your niche. 
C) Ability to find cheap labor. 
D) Emphasis on innovation and the learning organization.

Question 10

Discuss the characteristics of a next generation of multinational managers.How can you develop those characteristics through education and experience?

Accepted Answer

Answers will vary and should demonstrate

Question 11

Which of the following would not be considered a basic source of globalization?

Accepted Answer

A) Similar customer needs 
B) Falling of trade barriers 
C) Advances in communication technology 
D) Differentiation among countries 
A) Similar customer needs 
B) Falling of trade barriers 
C) Advances in communication technology 
D) Differentiation among countries

Question 12

According to the experts cited in your text,the next generation of global managers will need all of the following,EXCEPT:

Accepted Answer

A) Emotional intelligence 
B) The ability to work with people from different cultural backgrounds 
C) Poor negotiation skills 
D) A local mindset 
A) Emotional intelligence 
B) The ability to work with people from different cultural backgrounds 
C) Poor negotiation skills 
D) A local mindset

Question 13

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 14

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 15

The World Trade Organization:

Accepted Answer

A) Is a major trading company. 
B) Succeeded the GATT agreements. 
C) Collects duties for member countries. 
D) Is a consulting group for companies who wish to engage in international trade. 
A) Is a major trading company. 
B) Succeeded the GATT agreements. 
C) Collects duties for member countries. 
D) Is a consulting group for companies who wish to engage in international trade.

Question 16

Businesses of all sizes are increasingly looking for global opportunities because

Accepted Answer

A) Trade barriers are falling. 
B) Money is flowing more freely across countries. 
C) The world is becoming one interconnected economy. 
D) All of the above. 
A) Trade barriers are falling. 
B) Money is flowing more freely across countries. 
C) The world is becoming one interconnected economy. 
D) All of the above.

Question 17

. A global product or service is

Accepted Answer

A) Adapted for each country's unique needs. 
B) A similar product or service for all customers throughout the world. 
C) A product or service that requires bilingual customers. 
D) Products developed for use outside the country. 
A) Adapted for each country's unique needs. 
B) A similar product or service for all customers throughout the world. 
C) A product or service that requires bilingual customers. 
D) Products developed for use outside the country.

Question 18

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 19

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 20

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.

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

Transition economies are

According to your text,FDI means

Discuss the differences between foreign trade and foreign direct investment.

The best definition of multinational management includes which of these factors:

Which of the following statements about the Internet and Information Technology is true?

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?

Economic risks discussed in the text include

According to the text,all of the following includes factors that will shape the future business environment EXCEPT

Discuss the characteristics of a next generation of multinational managers.How can you develop those characteristics through education and experience?

Which of the following would not be considered a basic source of globalization?

According to the experts cited in your text,the next generation of global managers will need all of the following,EXCEPT:

A global mindset requires managers to think globally but

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

The World Trade Organization:

Businesses of all sizes are increasingly looking for global opportunities because

. A global product or service is

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

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

Aggressive multinational companies from emerging markets are

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

Exam 1: Multinational Management in a Changing World

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

Transition economies are

According to your text,FDI means

Discuss the differences between foreign trade and foreign direct investment.

The best definition of multinational management includes which of these factors:

Which of the following statements about the Internet and Information Technology is true?

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?

Economic risks discussed in the text include

According to the text,all of the following includes factors that will shape the future business environment EXCEPT

Discuss the characteristics of a next generation of multinational managers.How can you develop those characteristics through education and experience?

Which of the following would not be considered a basic source of globalization?

According to the experts cited in your text,the next generation of global managers will need all of the following,EXCEPT:

A global mindset requires managers to think globally but

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

The World Trade Organization:

Businesses of all sizes are increasingly looking for global opportunities because

. A global product or service is

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

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

Aggressive multinational companies from emerging markets are

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