Question 1

________ is a cultural dimension in which people are supposed to look after their own interests and those of their immediate family.

Accepted Answer

A) Power distance 
B) Collectivism 
C) Quantity of life 
D) Uncertainty avoidance 
E) Individualism 
A) Power distance 
B) Collectivism 
C) Quantity of life 
D) Uncertainty avoidance 
E) Individualism

Question 2

International businesses have been around since about what date?

Accepted Answer

A) the 15th century 
B) the 17th century 
C) the 19th century 
D) the 20th century 
E) about 1955 
A) the 15th century 
B) the 17th century 
C) the 19th century 
D) the 20th century 
E) about 1955

Question 3

Australia is strongly individualistic but low on power distance.Which of the following countries does NOT demonstrate the same pattern?

Accepted Answer

A) Great Britain 
B) the Unites States 
C) Canada 
D) Singapore 
E) Sweden 
A) Great Britain 
B) the Unites States 
C) Canada 
D) Singapore 
E) Sweden

Question 4

In a short essay, explain why sustainable business practices are becoming a critical activity in managing international businesses of all types.Include an example of sustainable business practice leading to cost savings rather than cost increases.

Accepted Answer

Organisations around the globe will come

Question 5

A Foreign Alliance Talk
As manager of the international department for your company, you have been asked by the local Chamber of Commerce to deliver a speech on 'foreign trade'.You are requested to include the EU, ASEAN because many members believe that the extreme right of politics is correct when it asserts that Australia must protect Australian business and jobs.As you work through your notes, you are trying to decide on the best information you can present in the allotted half-hour.
-Refer to A Foreign Alliance Talk (Scenario).Latin American nations are clamouring to become part of free trade blocs.Such a free trade bloc is known as the Southern Common Market or ____________.

Accepted Answer

A) TAFTA 
B) Mercosur 
C) ASEAN 
D) SAFTA 
E) BAPUB 
A) TAFTA 
B) Mercosur 
C) ASEAN 
D) SAFTA 
E) BAPUB

Question 6

What is the goal of the 2015 UN Paris Climate Agreement?

Accepted Answer

A) increase membership by 5 percent 
B) introduce a global emission trading scheme 
C) increase the carbon tax rates 
D) increased scrutiny from investors and consumers on the impact of emissions 
E) limit global warming to below 2 degrees Celsius 
A) increase membership by 5 percent 
B) introduce a global emission trading scheme 
C) increase the carbon tax rates 
D) increased scrutiny from investors and consumers on the impact of emissions 
E) limit global warming to below 2 degrees Celsius

Question 7

First Visit Abroad
Bill Sanderson is in the air over the Middle East and is excited about his first European business trip.His goal is to scout out potential locations and basically provide input as to how the company should proceed with expanding abroad.There are many options, including maintaining the business' head office in Australia and sending over company representatives when necessary or developing a separate company in Europe and hiring locals as managers.In any case, he is confident about this trip but is somewhat concerned about the strange habits and foreign languages.(If only they would just speak English like everyone else!)
-Refer to First Visit Abroad (Scenario).Bill's tendency to view the world only through his Australian-based eyes and perspectives is an international business problem known as which of the following?

Accepted Answer

A) non-diversity 
B) discrimination 
C) parochialism 
D) monolingualism 
E) bigotry 
A) non-diversity 
B) discrimination 
C) parochialism 
D) monolingualism 
E) bigotry

Question 8

A Foreign Alliance Talk
As manager of the international department for your company, you have been asked by the local Chamber of Commerce to deliver a speech on 'foreign trade'.You are requested to include the EU, ASEAN because many members believe that the extreme right of politics is correct when it asserts that Australia must protect Australian business and jobs.As you work through your notes, you are trying to decide on the best information you can present in the allotted half-hour.
-Refer to A Foreign Alliance Talk (Scenario).You should also mention that Europe comprises the largest - and still growing - economic market.Originally, there were ________ members in the EU and now there are ________.

Accepted Answer

A) 4; 7 
B) 21; 35 
C) 12; 28 
D) 12; 7 
E) 15; 50 
A) 4; 7 
B) 21; 35 
C) 12; 28 
D) 12; 7 
E) 15; 50

Question 9

Concerning the interaction between national culture and organisational culture, which of the following is true?

Accepted Answer

A) They tend to cancel each other out. 
B) National culture is easier to change. 
C) In the business world, national culture and organisational culture do not interact. 
D) National culture has a greater impact than organisational culture on employees. 
E) National culture is a social issue and organisational culture is a business issue. 
A) They tend to cancel each other out. 
B) National culture is easier to change. 
C) In the business world, national culture and organisational culture do not interact. 
D) National culture has a greater impact than organisational culture on employees. 
E) National culture is a social issue and organisational culture is a business issue.

Question 10

The primary motivation for joining the European Union was ________.

Accepted Answer

A) to reduce the economic competitiveness with other parts of the world 
B) to increase the political power of European countries in worldwide peace negotiations 
C) to control tax exemptions within Europe and encourage inter-member cooperation in apprehending tax cheats 
D) to reduce union organisation that had threatened to make some countries less competitive 
E) to reassert their economic power against America and Japan 
A) to reduce the economic competitiveness with other parts of the world 
B) to increase the political power of European countries in worldwide peace negotiations 
C) to control tax exemptions within Europe and encourage inter-member cooperation in apprehending tax cheats 
D) to reduce union organisation that had threatened to make some countries less competitive 
E) to reassert their economic power against America and Japan

Question 11

A country's national culture ________.

Accepted Answer

A) is very different from the concept of organisational culture 
B) is by far the biggest impediment to international business 
C) shapes its inhabitants' behaviour and world view 
D) should not be considered in business agreements due to potential charges of discrimination 
E) is an important but minor issue of concern 
A) is very different from the concept of organisational culture 
B) is by far the biggest impediment to international business 
C) shapes its inhabitants' behaviour and world view 
D) should not be considered in business agreements due to potential charges of discrimination 
E) is an important but minor issue of concern

Question 12

The Overseas Assignment
Christopher has a degree in business administration and has worked for a major corporation for five years.He is offered a chance to work in another country.
-Refer to The Overseas Assignment (Scenario).Through talking to executives in the international division, Christopher realises that his home country has the highest individualism, low power distance and uncertainty avoidance, and a strong achievement orientation.He probably lives in ________.

Accepted Answer

A) France 
B) Japan 
C) the United States 
D) Mexico 
E) Australia 
A) France 
B) Japan 
C) the United States 
D) Mexico 
E) Australia

Question 13

Three of the most obvious economic concerns for Australian and New Zealand managers doing business in foreign countries are ________.

Accepted Answer

A) fluctuating currency exchange rates, inflation rates and tax policies 
B) fluctuating currency exchange rates, tax policies and pay rates for foreign employees 
C) tax policies, pay rates for foreign employees and banking system variances 
D) inflation rates, banking system variances and fluctuating currency exchange rates 
E) pay rates for foreign employees, banking system variances and delays to accounts receivable 
A) fluctuating currency exchange rates, inflation rates and tax policies 
B) fluctuating currency exchange rates, tax policies and pay rates for foreign employees 
C) tax policies, pay rates for foreign employees and banking system variances 
D) inflation rates, banking system variances and fluctuating currency exchange rates 
E) pay rates for foreign employees, banking system variances and delays to accounts receivable

Question 14

In terms of collectivism, how does Hofstede's view differ from that of GLOBE?

Accepted Answer

A) There is no difference; both frameworks include the same dimension termed 'individualism/collectivism'. 
B) In the GLOBE framework, collectivism is seen along two separate dimensions: an institutional dimension and an in-group dimension. 
C) In Hofstede's framework, collectivism is seen along two separate dimensions: an institutional dimension and a small-group dimension. 
D) Hofstede's framework only includes collectivism measures in non-wealthy countries. 
E) GLOBE collectivism is only measured with managers, not with employees. 
A) There is no difference; both frameworks include the same dimension termed 'individualism/collectivism'. 
B) In the GLOBE framework, collectivism is seen along two separate dimensions: an institutional dimension and an in-group dimension. 
C) In Hofstede's framework, collectivism is seen along two separate dimensions: an institutional dimension and a small-group dimension. 
D) Hofstede's framework only includes collectivism measures in non-wealthy countries. 
E) GLOBE collectivism is only measured with managers, not with employees.

Question 15

Multinational Corporations (MNCs)have only become commonplace since approximately what date?

Accepted Answer

A) mid-1960s 
B) mid-1970s 
C) 1945 
D) mid-1980s 
E) 1990 
A) mid-1960s 
B) mid-1970s 
C) 1945 
D) mid-1980s 
E) 1990

Question 16

Managers with an ethnocentric attitude would not trust foreign employees with key decisions or technology.

Accepted Answer

A) True 
 B)False

Question 17

The legal-political environment is an important factor of managing in a foreign environment.

Accepted Answer

A) True 
 B)False

Question 18

According to Hofstede, people in cultures with a long-term orientation would ________.

Accepted Answer

A) find current events and leisure time important 
B) value maintaining personal stability and happiness 
C) believe the most important life events occur now or in the past 
D) value thrift and persistence in achieving goals 
E) both B and C 
A) find current events and leisure time important 
B) value maintaining personal stability and happiness 
C) believe the most important life events occur now or in the past 
D) value thrift and persistence in achieving goals 
E) both B and C

Question 19

Which country does NOT have a bilateral trade agreement with Australia?

Accepted Answer

A) Singapore 
B) New Zealand 
C) Thailand 
D) Bahrain 
E) United States 
A) Singapore 
B) New Zealand 
C) Thailand 
D) Bahrain 
E) United States

Question 20

A(n)________ attitude is the view that host-country managers know best practices for running their operations.

Accepted Answer

A) ethnocentric 
B) polycentric 
C) geocentric 
D) international 
E) global 
A) ethnocentric 
B) polycentric 
C) geocentric 
D) international 
E) global

________ is a cultural dimension in which people are supposed to look after their own interests and those of their immediate family.

International businesses have been around since about what date?

Australia is strongly individualistic but low on power distance.Which of the following countries does NOT demonstrate the same pattern?

In a short essay, explain why sustainable business practices are becoming a critical activity in managing international businesses of all types.Include an example of sustainable business practice leading to cost savings rather than cost increases.

What is the goal of the 2015 UN Paris Climate Agreement?

Concerning the interaction between national culture and organisational culture, which of the following is true?

The primary motivation for joining the European Union was ________.

A country's national culture ________.

Three of the most obvious economic concerns for Australian and New Zealand managers doing business in foreign countries are ________.

In terms of collectivism, how does Hofstede's view differ from that of GLOBE?

Multinational Corporations (MNCs)have only become commonplace since approximately what date?

Managers with an ethnocentric attitude would not trust foreign employees with key decisions or technology.

The legal-political environment is an important factor of managing in a foreign environment.

According to Hofstede, people in cultures with a long-term orientation would ________.

Which country does NOT have a bilateral trade agreement with Australia?

A(n)________ attitude is the view that host-country managers know best practices for running their operations.

Managers in the Workplace

Management History

Managing the External Environment and Organisational Culture

Social Responsibility and Managerial Ethics

Managers As Decision Makers

Managing Change and Innovation

Foundations of Planning

Strategic Management

Managerial Controls

Managing Operations

Organisational Structure and Design

Managing Teams

Managing Human Resources

Understanding and Managing Individual Behaviour

Managers and Communication

Motivating Employees

Managers As Leaders

Filters

Exam 4: Managing in a Global Environment

________ is a cultural dimension in which people are supposed to look after their own interests and those of their immediate family.

International businesses have been around since about what date?

Australia is strongly individualistic but low on power distance.Which of the following countries does NOT demonstrate the same pattern?

In a short essay, explain why sustainable business practices are becoming a critical activity in managing international businesses of all types.Include an example of sustainable business practice leading to cost savings rather than cost increases.

What is the goal of the 2015 UN Paris Climate Agreement?

Concerning the interaction between national culture and organisational culture, which of the following is true?

The primary motivation for joining the European Union was ________.

A country's national culture ________.

Three of the most obvious economic concerns for Australian and New Zealand managers doing business in foreign countries are ________.

In terms of collectivism, how does Hofstede's view differ from that of GLOBE?

Multinational Corporations (MNCs)have only become commonplace since approximately what date?

Managers with an ethnocentric attitude would not trust foreign employees with key decisions or technology.

The legal-political environment is an important factor of managing in a foreign environment.

According to Hofstede, people in cultures with a long-term orientation would ________.

Which country does NOT have a bilateral trade agreement with Australia?

A(n)________ attitude is the view that host-country managers know best practices for running their operations.

Managers in the Workplace

Management History

Managing the External Environment and Organisational Culture

Social Responsibility and Managerial Ethics

Managers As Decision Makers

Managing Change and Innovation

Foundations of Planning

Strategic Management

Managerial Controls

Managing Operations

Organisational Structure and Design

Managing Teams

Managing Human Resources

Understanding and Managing Individual Behaviour

Managers and Communication

Motivating Employees

Managers As Leaders

Filters