Question 1

Dumping is selling items for more than fair market value.

Accepted Answer

A) True 
 B)False  False

Question 2

Which of the following is a disadvantage of joint ventures/strategic alliances?

Accepted Answer

A)  More rapid market entry 
B)  Access to technology 
C)  Access to raw materials 
D)  Reduced risk 
E)  Shared control over operations 
A)  More rapid market entry 
B)  Access to technology 
C)  Access to raw materials 
D)  Reduced risk 
E)  Shared control over operations E

Question 3

Which of the following is NOT a part of a nation's infrastructure?

Accepted Answer

A)  Its natural resources 
B)  Its highway system 
C)  Its airports 
D)  Its commercial distribution system 
E)  Its power plants 
A)  Its natural resources 
B)  Its highway system 
C)  Its airports 
D)  Its commercial distribution system 
E)  Its power plants A

Question 4

Match the following.You may use a response once,more than once,or not at all.
-Thrive on new opportunities

Accepted Answer

A) Social orientation 
B) Power orientation 
C) Uncertainty orientation 
D) Goal orientation 
E) Time orientation 
A) Social orientation 
B) Power orientation 
C) Uncertainty orientation 
D) Goal orientation 
E) Time orientation

Question 5

Match the following.You may use a response once,more than once,or not at all.
-Transcends national boundaries and has a worldwide marketplace for its resources and products/services

Accepted Answer

A) Market system 
B) Domestic business 
C) International business 
D) Market economy 
E) Multinational business
F)Global economy 
A) Market system 
B) Domestic business 
C) International business 
D) Market economy 
E) Multinational business
F)Global economy

Question 6

International licensing agreements involve regulations for truckers transporting products between countries.

Accepted Answer

A) True 
 B)False

Question 7

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 8

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

Accepted Answer

A) True 
 B)False

Question 9

Briefly describe the various controls countries can impose on international trade.

Accepted Answer

Countries can impose a variety of contro

Question 10

In which country do people tend to exhibit relatively aggressive goal behavior?

Accepted Answer

A)  Japan 
B)  United States 
C)  Germany 
D)  Norway 
E)  Mexico 
A)  Japan 
B)  United States 
C)  Germany 
D)  Norway 
E)  Mexico

Question 11

The quickest way to enter most new markets is through ____________________.

Accepted Answer

The answer of The quickest way to enter most new...

Question 12

The U.S.government limits how many automobiles can be imported into the United States annually.This is a(n)

Accepted Answer

A)  export restraint agreement. 
B)  import tariff. 
C)  embargo. 
D)  quota. 
E)  boycott. 
A)  export restraint agreement. 
B)  import tariff. 
C)  embargo. 
D)  quota. 
E)  boycott.

Question 13

A tariff

Accepted Answer

A)  cannot be collected by the exporting country. 
B)  can be collected only by the importing country. 
C)  can be collected by countries through which goods pass. 
D)  cannot be used to raise money for a government. 
E)  cannot be used to increase the cost of foreign goods. 
A)  cannot be collected by the exporting country. 
B)  can be collected only by the importing country. 
C)  can be collected by countries through which goods pass. 
D)  cannot be used to raise money for a government. 
E)  cannot be used to increase the cost of foreign goods.

Question 14

Satellites,shipping ports,railroads,and airports are part of a nation's

Accepted Answer

A)  natural resources. 
B)  political system. 
C)  cultural environment. 
D)  infrastructure. 
E)  technological environment. 
A)  natural resources. 
B)  political system. 
C)  cultural environment. 
D)  infrastructure. 
E)  technological environment.

Question 15

Packaging for rice should be green because all countries think green is healthy.

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

To effectively plan and make decisions in a global economy,managers need to understand local market conditions and technological factors that will affect their operations.

Accepted Answer

A) True 
 B)False

Question 18

Most small businesses rely on simple ____________________ or ____________________ operations (or both)for their international sales.

Accepted Answer

importing,

Question 19

Companies from all over the world are embracing the maquiladoras concept mainly 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 20

Describe how planning,organizing,leading,and controlling change for managers in international organizations.

Accepted Answer

Planning, organizing, leading, and contr

Dumping is selling items for more than fair market value.

Which of the following is a disadvantage of joint ventures/strategic alliances?

Which of the following is NOT a part of a nation's infrastructure?

Match the following.You may use a response once,more than once,or not at all. -Thrive on new opportunities

Match the following.You may use a response once,more than once,or not at all. -Transcends national boundaries and has a worldwide marketplace for its resources and products/services

International licensing agreements involve regulations for truckers transporting products between countries.

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

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

Briefly describe the various controls countries can impose on international trade.

In which country do people tend to exhibit relatively aggressive goal behavior?

The quickest way to enter most new markets is through ____________________.

The U.S.government limits how many automobiles can be imported into the United States annually.This is a(n)

A tariff

Satellites,shipping ports,railroads,and airports are part of a nation's

Packaging for rice should be green because all countries think green is healthy.

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

To effectively plan and make decisions in a global economy,managers need to understand local market conditions and technological factors that will affect their operations.

Most small businesses rely on simple or operations (or both)for their international sales.

Companies from all over the world are embracing the maquiladoras concept mainly because of

Describe how planning,organizing,leading,and controlling change for managers in international organizations.

Managing and the Managers Job

Traditional and Contemporary Opportunities and Challenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Decision Making and Problem Solving

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Processes

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, quality, and Productivity

Filters

Exam 5: Navigating the Global Environment

Dumping is selling items for more than fair market value.

Which of the following is a disadvantage of joint ventures/strategic alliances?

Which of the following is NOT a part of a nation's infrastructure?

Match the following.You may use a response once,more than once,or not at all. -Thrive on new opportunities

Match the following.You may use a response once,more than once,or not at all. -Transcends national boundaries and has a worldwide marketplace for its resources and products/services

International licensing agreements involve regulations for truckers transporting products between countries.

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

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

Briefly describe the various controls countries can impose on international trade.

In which country do people tend to exhibit relatively aggressive goal behavior?

The quickest way to enter most new markets is through ____________________.

The U.S.government limits how many automobiles can be imported into the United States annually.This is a(n)

A tariff

Satellites,shipping ports,railroads,and airports are part of a nation's

Packaging for rice should be green because all countries think green is healthy.

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

To effectively plan and make decisions in a global economy,managers need to understand local market conditions and technological factors that will affect their operations.

Most small businesses rely on simple ____________________ or ____________________ operations (or both)for their international sales.

Companies from all over the world are embracing the maquiladoras concept mainly because of

Describe how planning,organizing,leading,and controlling change for managers in international organizations.

Managing and the Managers Job

Traditional and Contemporary Opportunities and Challenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Decision Making and Problem Solving

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Processes

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, quality, and Productivity

Filters

Most small businesses rely on simple or operations (or both)for their international sales.