Question 1

What trends are developing in international business?

Accepted Answer

As of my last update in early 2023, seve

Question 2

Trees are a part of a country's

Accepted Answer

A) economic environment. 
B) sociocultural environment. 
C) infrastructure. 
D) technological environment. 
E) political-legal environment. 
A) economic environment. 
B) sociocultural environment. 
C) infrastructure. 
D) technological environment. 
E) political-legal environment.

Question 3

Two U.S.companies Cargill and Archer Daniels Midland purchase 25% of the world cocoa supply from farmers in West Africa.These companies use

Accepted Answer

A) importing. 
B) direct investment. 
C) global sourcing. 
D) exporting. 
E) joint venture. 
A) importing. 
B) direct investment. 
C) global sourcing. 
D) exporting. 
E) joint venture.

Question 4

Political stability in the Middle East makes it a less risky place to conduct business.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is an example of an economic challenge faced by international managers?

Accepted Answer

A) Government ownership of all property 
B) Absence of natural resources 
C) Lack of communication capabilities 
D) Poor transportation system 
E) All of these choices 
A) Government ownership of all property 
B) Absence of natural resources 
C) Lack of communication capabilities 
D) Poor transportation system 
E) All of these choices

Question 6

Which of the following statements about maquiladoras is FALSE?

Accepted Answer

A) Maquiladoras are light-assembly plants built in northern Mexico. 
B) There are more than 1000 maquiladoras employing workers. 
C) Maquiladoras are a form of licensing. 
D) Maquiladoras are owned by major corporations from the United States, Japan, and South Korea. 
E) Maquiladoras are a form of direct investment. 
A) Maquiladoras are light-assembly plants built in northern Mexico. 
B) There are more than 1000 maquiladoras employing workers. 
C) Maquiladoras are a form of licensing. 
D) Maquiladoras are owned by major corporations from the United States, Japan, and South Korea. 
E) Maquiladoras are a form of direct investment.

Question 7

People in Pakistan and West Africa are more likely to want immediate gratification.This is an example of Hofstede's ____ orientation.

Accepted Answer

A) power 
B) global 
C) social 
D) time 
E) uncertainty 
A) power 
B) global 
C) social 
D) time 
E) uncertainty

Question 8

A country's culture includes all the values,symbols,beliefs,and language that guide behavior.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following statements can be used to explain the growth of international business?

Accepted Answer

A) Many countries in Europe and Asia were devastated after World War II and had to be rebuilt. 
B) The postwar population boom decreased demand for products. 
C) Changes in cultural traditions made the rest of the world open to all of the products made in the United States. 
D) Infrastructures in Europe and Asia remained sound in spite of World War II. 
E) All of these choices 
A) Many countries in Europe and Asia were devastated after World War II and had to be rebuilt. 
B) The postwar population boom decreased demand for products. 
C) Changes in cultural traditions made the rest of the world open to all of the products made in the United States. 
D) Infrastructures in Europe and Asia remained sound in spite of World War II. 
E) All of these choices

Question 10

A French ministry has banned the word e-mail from official communication.Instead,the French words for quick and mail have been combined to form a new word.This is an official attempt to protect the French

Accepted Answer

A) political-legal system. 
B) economic system. 
C) cultural environment. 
D) economic community. 
E) natural resources. 
A) political-legal system. 
B) economic system. 
C) cultural environment. 
D) economic community. 
E) natural resources.

Question 11

In the U.S.Starbucks does not franchise.It has a(n)____ agreement with Barnes and Noble.

Accepted Answer

A) importing 
B) exporting 
C) strategic 
D) global sourcing 
E) direct investment 
A) importing 
B) exporting 
C) strategic 
D) global sourcing 
E) direct investment

Question 12

A U.S.recording company that wanted to take advantage of the fact that European teens love everything American would find it difficult to get its music played on French radio stations.French radio stations are required to play at least 40 percent French-made music.This requirement indicates one way that the ____ environment challenges international management.

Accepted Answer

A) technological 
B) cultural 
C) political-legal 
D) economic 
E) natural 
A) technological 
B) cultural 
C) political-legal 
D) economic 
E) natural

Question 13

How will you learn to operate in a global economy?

Accepted Answer

Learning to operate in a global economy

Question 14

Americans who want government run health care for everyone have a social orientation toward ____________________.

Accepted Answer

The answer of Americans who want government run health care...

Question 15

The manner in which people are motivated to work toward different kinds of objectives refers to ____________________ orientation.

Accepted Answer

The answer of The manner in which people are motivated...

Question 16

A strategic alliance and a joint venture are the same thing.

Accepted Answer

A) True 
 B)False

Question 17

Opponents to the maquiladoras concept are most critical of its

Accepted Answer

A) high production cost. 
B) exploitation of human resources. 
C) legality. 
D) waste of raw materials. 
E) high transportation costs. 
A) high production cost. 
B) exploitation of human resources. 
C) legality. 
D) waste of raw materials. 
E) high transportation costs.

Question 18

The major reason so many companies from all over the world are embracing the maquiladoras concept is because of

Accepted Answer

A) lower transportation costs. 
B) its efficient use of raw materials. 
C) its ability to avoid regulatory problems. 
D) improved technology. 
E) cheap labor. 
A) lower transportation costs. 
B) its efficient use of raw materials. 
C) its ability to avoid regulatory problems. 
D) improved technology. 
E) cheap labor.

Question 19

Which of the following is NOT an example of a mature market system?

Accepted Answer

A) India 
B) Japan 
C) Sweden 
D) The United Kingdom 
E) The United States 
A) India 
B) Japan 
C) Sweden 
D) The United Kingdom 
E) The United States

Question 20

Most countries have pure systems of private ownership or pure systems of public ownership.

Accepted Answer

A) True 
 B)False

Exam 5: The Global Environment

What trends are developing in international business?

Trees are a part of a country's

Two U.S.companies Cargill and Archer Daniels Midland purchase 25% of the world cocoa supply from farmers in West Africa.These companies use

Political stability in the Middle East makes it a less risky place to conduct business.

Which of the following is an example of an economic challenge faced by international managers?

Which of the following statements about maquiladoras is FALSE?

People in Pakistan and West Africa are more likely to want immediate gratification.This is an example of Hofstede's ____ orientation.

A country's culture includes all the values,symbols,beliefs,and language that guide behavior.

Which of the following statements can be used to explain the growth of international business?

A French ministry has banned the word e-mail from official communication.Instead,the French words for quick and mail have been combined to form a new word.This is an official attempt to protect the French

In the U.S.Starbucks does not franchise.It has a(n)____ agreement with Barnes and Noble.

How will you learn to operate in a global economy?

Americans who want government run health care for everyone have a social orientation toward ____________________.

The manner in which people are motivated to work toward different kinds of objectives refers to ____________________ orientation.

A strategic alliance and a joint venture are the same thing.

Opponents to the maquiladoras concept are most critical of its

The major reason so many companies from all over the world are embracing the maquiladoras concept is because of

Which of the following is NOT an example of a mature market system?

Most countries have pure systems of private ownership or pure systems of public ownership.

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