Question 1

Magna International Inc. ,a Canadian company,offered to buy Opel,a German company,from GM.This is an example of direct investment.

Accepted Answer

A) True 
 B)False

Question 2

United States farmers are the biggest producers of corn.China's demand for corn has increased.The U.S.is a corn ____.

Accepted Answer

A)  importer 
B)  direct investor 
C)  global sourcer 
D)  exporter 
E)  joint venturer 
A)  importer 
B)  direct investor 
C)  global sourcer 
D)  exporter 
E)  joint venturer

Question 3

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 4

Which of the following countries is NOT part of Pacific Asia?

Accepted Answer

A)  China 
B)  The Philippines 
C)  India 
D)  South Korea 
E)  Australia 
A)  China 
B)  The Philippines 
C)  India 
D)  South Korea 
E)  Australia

Question 5

Match the following.You may use a response once,more than once,or not at all.
-Avoid ambiguity

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 6

Fewer and fewer small organizations are also finding that they can benefit from the global economy.

Accepted Answer

A) True 
 B)False

Question 7

There is currently a strong movement around the world to reduce many trade barriers.

Accepted Answer

A) True 
 B)False

Question 8

The U.S.government became the majority shareholder in GM.The U.S.was moving away from a ____ economy.

Accepted Answer

A)  command 
B)  developing 
C)  mixed 
D)  communist 
E)  market 
A)  command 
B)  developing 
C)  mixed 
D)  communist 
E)  market

Question 9

According to the text,which of the following is a factor of the political-legal environment for international managers?

Accepted Answer

A)  Infrastructure 
B)  The use of import quotas and tariffs 
C)  Natural resources 
D)  Language spoken 
E)  Religious beliefs 
A)  Infrastructure 
B)  The use of import quotas and tariffs 
C)  Natural resources 
D)  Language spoken 
E)  Religious beliefs

Question 10

MNC stands for multiple nations and continents.

Accepted Answer

A) True 
 B)False

Question 11

The advantage of direct investing is

Accepted Answer

A)  access to materials and technology. 
B)  quick market entry. 
C)  enhanced control. 
D)  little risk. 
E)  small cash outlay. 
A)  access to materials and technology. 
B)  quick market entry. 
C)  enhanced control. 
D)  little risk. 
E)  small cash outlay.

Question 12

People from which of the following countries are in the category of uncertainty acceptance?

Accepted Answer

A)  United States 
B)  Israel 
C)  Austria 
D)  Japan 
E)  Germany 
A)  United States 
B)  Israel 
C)  Austria 
D)  Japan 
E)  Germany

Question 13

Most MNCs use direct investment exclusively because they are so big they can afford to buy companies.

Accepted Answer

A) True 
 B)False

Question 14

When a local manager is given autonomy and responsibility in dealing with job design,he or she has freedom in global

Accepted Answer

A)  planning and decision making. 
B)  organizing. 
C)  leading. 
D)  controlling. 
E)  None of these choices 
A)  planning and decision making. 
B)  organizing. 
C)  leading. 
D)  controlling. 
E)  None of these choices

Question 15

Religion is part of the ____________________ environment that affects firms operating in the international environment.

Accepted Answer

The answer of Religion is part of the ____________________ environment...

Question 16

A(n)____ strategy requires little initial investment,is heavily regulated,and provides little opportunity to modify products for local conditions.

Accepted Answer

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

Question 17

Briefly describe the opportunities and problems associated with operating a business in the Middle Eastern oil-exporting countries.

Accepted Answer

Operating a business in Middle Eastern o

Question 18

A set of countries that agree to significantly reduce or even eliminate ____________________ among member nations is referred to as an international economic community.

Accepted Answer

The answer of A set of countries that agree to...

Question 19

U.S.managers have the least difficulty operating in ____ economies.

Accepted Answer

A)  market 
B)  communist 
C)  industrializing 
D)  developing 
E)  pure competition 
A)  market 
B)  communist 
C)  industrializing 
D)  developing 
E)  pure competition

Question 20

Rest stops in New Jersey have Burger King restaurants.The NJ Transit Authority and Burger King use a(n)____ strategy.

Accepted Answer

A)  importing/exporting. 
B)  licensing. 
C)  outsourcing. 
D)  direct investment. 
E)  strategic alliance. 
A)  importing/exporting. 
B)  licensing. 
C)  outsourcing. 
D)  direct investment. 
E)  strategic alliance.

Magna International Inc. ,a Canadian company,offered to buy Opel,a German company,from GM.This is an example of direct investment.

United States farmers are the biggest producers of corn.China's demand for corn has increased.The U.S.is a corn ____.

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

Which of the following countries is NOT part of Pacific Asia?

Match the following.You may use a response once,more than once,or not at all. -Avoid ambiguity

Fewer and fewer small organizations are also finding that they can benefit from the global economy.

There is currently a strong movement around the world to reduce many trade barriers.

The U.S.government became the majority shareholder in GM.The U.S.was moving away from a ____ economy.

According to the text,which of the following is a factor of the political-legal environment for international managers?

MNC stands for multiple nations and continents.

The advantage of direct investing is

People from which of the following countries are in the category of uncertainty acceptance?

Most MNCs use direct investment exclusively because they are so big they can afford to buy companies.

When a local manager is given autonomy and responsibility in dealing with job design,he or she has freedom in global

Religion is part of the ____________________ environment that affects firms operating in the international environment.

A(n)____ strategy requires little initial investment,is heavily regulated,and provides little opportunity to modify products for local conditions.

Briefly describe the opportunities and problems associated with operating a business in the Middle Eastern oil-exporting countries.

A set of countries that agree to significantly reduce or even eliminate ____________________ among member nations is referred to as an international economic community.

U.S.managers have the least difficulty operating in ____ economies.

Rest stops in New Jersey have Burger King restaurants.The NJ Transit Authority and Burger King use a(n)____ strategy.

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

Magna International Inc. ,a Canadian company,offered to buy Opel,a German company,from GM.This is an example of direct investment.

United States farmers are the biggest producers of corn.China's demand for corn has increased.The U.S.is a corn ____.

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

Which of the following countries is NOT part of Pacific Asia?

Match the following.You may use a response once,more than once,or not at all. -Avoid ambiguity

Fewer and fewer small organizations are also finding that they can benefit from the global economy.

There is currently a strong movement around the world to reduce many trade barriers.

The U.S.government became the majority shareholder in GM.The U.S.was moving away from a ____ economy.

According to the text,which of the following is a factor of the political-legal environment for international managers?

MNC stands for multiple nations and continents.

The advantage of direct investing is

People from which of the following countries are in the category of uncertainty acceptance?

Most MNCs use direct investment exclusively because they are so big they can afford to buy companies.

When a local manager is given autonomy and responsibility in dealing with job design,he or she has freedom in global

Religion is part of the ____________________ environment that affects firms operating in the international environment.

A(n)____ strategy requires little initial investment,is heavily regulated,and provides little opportunity to modify products for local conditions.

Briefly describe the opportunities and problems associated with operating a business in the Middle Eastern oil-exporting countries.

A set of countries that agree to significantly reduce or even eliminate ____________________ among member nations is referred to as an international economic community.

U.S.managers have the least difficulty operating in ____ economies.

Rest stops in New Jersey have Burger King restaurants.The NJ Transit Authority and Burger King use a(n)____ strategy.

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