Question 1

The United States limits the amount of cheese purchased from other countries;this is a(n)____ policy .

Accepted Answer

A) export quota 
B) import dump 
C) import quota 
D) trade embargo 
E) import tariff 
A) export quota 
B) import dump 
C) import quota 
D) trade embargo 
E) import tariff

Question 2

Free trade is the

Accepted Answer

A) movement of customers between nations that do not have trade embargoes. 
B) policy of cost-free exchange of goods. 
C) bartering of goods or services locally or globally. 
D) bartering or sale of goods without taxes. 
E) movement of products between countries without political or economic obstruction. 
A) movement of customers between nations that do not have trade embargoes. 
B) policy of cost-free exchange of goods. 
C) bartering of goods or services locally or globally. 
D) bartering or sale of goods without taxes. 
E) movement of products between countries without political or economic obstruction.

Question 3

According to the watchdog group Public Citizen,NAFTA is responsible for

Accepted Answer

A) a decrease in illegal immigration into the United States. 
B) the loss of 845,000 U.S.jobs. 
C) a higher standard of living among its trading partners. 
D) closing the wage gap between Mexico and the United States. 
E) the formation of the IMF and World Bank. 
A) a decrease in illegal immigration into the United States. 
B) the loss of 845,000 U.S.jobs. 
C) a higher standard of living among its trading partners. 
D) closing the wage gap between Mexico and the United States. 
E) the formation of the IMF and World Bank.

Question 4

Monochronic time is a

Accepted Answer

A) preference for multitasking. 
B) desire to do as little as possible for a period of time. 
C) time for the open discussion of problems or challenges. 
D) time when little is accomplished. 
E) preference for doing one thing at a time. 
A) preference for multitasking. 
B) desire to do as little as possible for a period of time. 
C) time for the open discussion of problems or challenges. 
D) time when little is accomplished. 
E) preference for doing one thing at a time.

Question 5

According to the findings of the GLOBE project,the assertiveness dimension represents the extent to which a society values

Accepted Answer

A) power distance and sharing. 
B) in-group collectivism and loyalty. 
C) confrontation and competitiveness. 
D) performance improvement and excellence. 
E) altruism and caring. 
A) power distance and sharing. 
B) in-group collectivism and loyalty. 
C) confrontation and competitiveness. 
D) performance improvement and excellence. 
E) altruism and caring.

Question 6

A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced in the United States more competitive is a(n)______;a tax on all oil imported into the United States,which is implemented to raise money for the U.S.government,is a(n)

Accepted Answer

A) protective tariff;revenue tariff 
B) revenue tariff;protective tariff 
C) quota tariff;revenue tariff 
D) embargo agreement;income tariff 
E) import barrier;income tariff 
A) protective tariff;revenue tariff 
B) revenue tariff;protective tariff 
C) quota tariff;revenue tariff 
D) embargo agreement;income tariff 
E) import barrier;income tariff

Question 7

When planning a trip to France,Jim and his wife,both Americans,were concerned about how much they could afford to spend in Europe because sometimes the U.S.dollar will buy more goods and sometimes it will buy less,based on changing economic conditions.The ____ rate is the rate at which the currency of one area or country can be exchanged for the currency of another's.

Accepted Answer

A) fluctuation 
B) dividend 
C) exchange 
D) transaction 
E) international 
A) fluctuation 
B) dividend 
C) exchange 
D) transaction 
E) international

Question 8

When communicating across cultures,the best strategy regarding language use is to

Accepted Answer

A) learn the local language. 
B) assume that business is always conducted in English. 
C) employ a translator. 
D) rely on the goodwill and knowledge of others. 
E) use a translation app or device. 
A) learn the local language. 
B) assume that business is always conducted in English. 
C) employ a translator. 
D) rely on the goodwill and knowledge of others. 
E) use a translation app or device.

Question 9

Countertrading is ___ goods for goods.

Accepted Answer

A) outsourcing 
B) sourcing 
C) bartering 
D) selling 
E) licensing 
A) outsourcing 
B) sourcing 
C) bartering 
D) selling 
E) licensing

Question 10

Sometimes a country's laws forbid foreigners from owning a business in the nation.In the presence of such laws,a(n)_____ is one way for an American company to have a presence in that foreign country.

Accepted Answer

A) export agreement 
B) MBO pact 
C) import agreement 
D) bartering union 
E) joint venture 
A) export agreement 
B) MBO pact 
C) import agreement 
D) bartering union 
E) joint venture

Question 11

Technology philosopher Nicholas Negroponte proposed that the global market driven by electronic information

Accepted Answer

A) "causes products to become more expensive." 
B) "increases diversity within organizations but results in culture shock." 
C) "results in new laws but less synergy and less ethical behavior." 
D) "causes an increase in the types of goods available but decreases in product quality." 
E) "forces things to get bigger and smaller at the same time." 
A) "causes products to become more expensive." 
B) "increases diversity within organizations but results in culture shock." 
C) "results in new laws but less synergy and less ethical behavior." 
D) "causes an increase in the types of goods available but decreases in product quality." 
E) "forces things to get bigger and smaller at the same time."

Question 12

_______ is a trading bloc consisting of 28 trading partners in Europe.

Accepted Answer

A) The WTO 
B) Mercosur 
C) The European Union 
D) The Eastern Union 
E) The Atlantic-Mediterranean Union 
A) The WTO 
B) Mercosur 
C) The European Union 
D) The Eastern Union 
E) The Atlantic-Mediterranean Union

Question 13

John,a construction manager,has been having problems finding quality employees in some of the company's foreign offices.While speaking with his attorney,Alisha,he mentioned that "in our locations overseas,many of our good employees have been quitting,and as you know,we have numerous lawsuits over personnel policies." Alisha explained that historically,problems with employee turnover and lawsuits are a result of ____ policies.

Accepted Answer

A) geocentric 
B) ethnocentric 
C) synergy 
D) MBO 
E) polycentric 
A) geocentric 
B) ethnocentric 
C) synergy 
D) MBO 
E) polycentric

Question 14

Sally has seen such great interest in her scented candles that she has decided to start her own small business selling them.Sally's company can use the Internet and the World Wide Web to operate globally,helping her get a global business started more easily because she can put products on a website and sell worldwide.So,in a sense,the Internet wipes out the former advantages of distribution and scope that large companies used to have.

Accepted Answer

A) True 
 B)False

Question 15

George,a regional manager for a global corporation,is meeting with several upset managers from the Rome plant about Steve,who is originally from Florida but moved to Italy to manage the Rome facility.Phillipe,the assistant manager,tells George,"We all feel that Steve sees things only one way-his-and very seldom considers our perspective on things." Steve is employing a ______ management style.

Accepted Answer

A) synergy-based 
B) ecocentric 
C) geocentric 
D) polycentric 
E) parochial 
A) synergy-based 
B) ecocentric 
C) geocentric 
D) polycentric 
E) parochial

Question 16

______ is a government's seizure of a domestic or foreign company's assets.

Accepted Answer

A) Expropriation 
B) Diversification 
C) Nationalization 
D) An embargo 
E) Appropriation 
A) Expropriation 
B) Diversification 
C) Nationalization 
D) An embargo 
E) Appropriation

Question 17

NAFTA and the EU are both

Accepted Answer

A) greenfield ventures. 
B) world banks. 
C) terrorist-monitoring associations. 
D) monetary funds. 
E) trading blocs. 
A) greenfield ventures. 
B) world banks. 
C) terrorist-monitoring associations. 
D) monetary funds. 
E) trading blocs.

Question 18

Globalization is the trend

Accepted Answer

A) of the world economy becoming a less dependent system. 
B) of the world economy adding more independent markets. 
C) toward one world language and culture. 
D) of the world economy toward becoming a more interdependent system. 
E) toward one world economy and banking system. 
A) of the world economy becoming a less dependent system. 
B) of the world economy adding more independent markets. 
C) toward one world language and culture. 
D) of the world economy toward becoming a more interdependent system. 
E) toward one world economy and banking system.

Question 19

Greg,a manager at the Rome,Italy,store of an American-owned clothing company,understands the differences and similarities between American and Italian customers,customs,culture,and practices.As a result,Greg uses his understanding of Italian culture,tastes,and business practices to help him market his products to Italian customers in Rome-and he uses his understanding of American culture to sell his products to American tourists who are visiting Rome.Greg is an example of a geocentric manager.

Accepted Answer

A) True 
 B)False

Question 20

Over the last two years,an American computer manufacturer has partnered with a technology organization in Japan to develop and produce computers and printers.The partnership benefits both organizations and is an example of countertrading.

Accepted Answer

A) True 
 B)False

The United States limits the amount of cheese purchased from other countries;this is a(n)____ policy .

Free trade is the

According to the watchdog group Public Citizen,NAFTA is responsible for

Monochronic time is a

According to the findings of the GLOBE project,the assertiveness dimension represents the extent to which a society values

A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced in the United States more competitive is a(n)______;a tax on all oil imported into the United States,which is implemented to raise money for the U.S.government,is a(n)

When communicating across cultures,the best strategy regarding language use is to

Countertrading is ___ goods for goods.

Sometimes a country's laws forbid foreigners from owning a business in the nation.In the presence of such laws,a(n)_____ is one way for an American company to have a presence in that foreign country.

Technology philosopher Nicholas Negroponte proposed that the global market driven by electronic information

_______ is a trading bloc consisting of 28 trading partners in Europe.

______ is a government's seizure of a domestic or foreign company's assets.

NAFTA and the EU are both

Globalization is the trend

Over the last two years,an American computer manufacturer has partnered with a technology organization in Japan to develop and produce computers and printers.The partnership benefits both organizations and is an example of countertrading.

The Exceptional Manager: What You Do How You Do It

Management Theory: Essential Background for the Successful Manager

The Managers Changing Work Environment and Ethical Responsibilities: Doing the Right Thing

Planning: the Foundation of Successful Management

Strategic Management: How Exceptional Managers Realize a Grand Design

Individual and Group Decision Making: How Managers Make Things Happen

Organizational Culture, Structure, and Design: Building Blocks of the Organization

Human Resource Management: Getting the Right People for Managerial Success

Organizational Change and Innovation: Lifelong Challenges for the Exceptional Manager

Managing Individual Differences and Behavior: Supervising People As People

Motivating Employees: Achieving Superior Performance in the Workplace

Groups and Teams: Increasing Cooperation, Reducing Conflict

Power, Influence, and Leadership: From Becoming a Manager to Becoming a Leader

Interpersonal Organizational Communication: Mastering the Exchange of Information

Control Systems and Quality Management: Techniques for Enhancing Organizational Effectiveness

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Exam 4: Global Management: Managing Across Borders

The United States limits the amount of cheese purchased from other countries;this is a(n)____ policy .

Free trade is the

According to the watchdog group Public Citizen,NAFTA is responsible for

Monochronic time is a

According to the findings of the GLOBE project,the assertiveness dimension represents the extent to which a society values

A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced in the United States more competitive is a(n)______;a tax on all oil imported into the United States,which is implemented to raise money for the U.S.government,is a(n)

When communicating across cultures,the best strategy regarding language use is to

Countertrading is ___ goods for goods.

Sometimes a country's laws forbid foreigners from owning a business in the nation.In the presence of such laws,a(n)_____ is one way for an American company to have a presence in that foreign country.

Technology philosopher Nicholas Negroponte proposed that the global market driven by electronic information

_______ is a trading bloc consisting of 28 trading partners in Europe.

______ is a government's seizure of a domestic or foreign company's assets.

NAFTA and the EU are both

Globalization is the trend

Over the last two years,an American computer manufacturer has partnered with a technology organization in Japan to develop and produce computers and printers.The partnership benefits both organizations and is an example of countertrading.

The Exceptional Manager: What You Do How You Do It

Management Theory: Essential Background for the Successful Manager

The Managers Changing Work Environment and Ethical Responsibilities: Doing the Right Thing

Planning: the Foundation of Successful Management

Strategic Management: How Exceptional Managers Realize a Grand Design

Individual and Group Decision Making: How Managers Make Things Happen

Organizational Culture, Structure, and Design: Building Blocks of the Organization

Human Resource Management: Getting the Right People for Managerial Success

Organizational Change and Innovation: Lifelong Challenges for the Exceptional Manager

Managing Individual Differences and Behavior: Supervising People As People

Motivating Employees: Achieving Superior Performance in the Workplace

Groups and Teams: Increasing Cooperation, Reducing Conflict

Power, Influence, and Leadership: From Becoming a Manager to Becoming a Leader

Interpersonal Organizational Communication: Mastering the Exchange of Information

Control Systems and Quality Management: Techniques for Enhancing Organizational Effectiveness

Filters