Question 1

Multidomestic corporations reflect the ________.

Accepted Answer

A)  ethnocentric attitude 
B)  polycentric attitude 
C)  geocentric attitude 
D)  xenophobic attitude

Question 2

A global mind-set refers to attributes that allow a leader to be effective in cross-cultural environments.

Accepted Answer

A) True 
 B)False

Question 3

The United States, Canada, Mexico, and Honduras are parties to the North American Free Trade Association.

Accepted Answer

A) True 
 B)False

Question 4

One advantage of NAFTA has been ________.

Accepted Answer

A)  less illegal immigration into the U.S. 
B)  lower unemployment in the U.S. 
C)  a higher standard of living in Mexico 
D)  lower costs for consumers in the United States

Question 5

Mercosur is a trading group made up of ten South American countries.

Accepted Answer

A) True 
 B)False

Question 6

Coca-Moka, an American beverage company, sells its soft drinks in Thirstania. After earning large profits, Coca-Moka discovered it could not export those profits back to its American banks because of the ________ in Thirstania.

Accepted Answer

A)  tax policies 
B)  exchange rate 
C)  inflation rate 
D)  export policies

Question 7

The ________ is a group of five closely associated institutions, all owned by its member countries, that provides vital financial and technical assistance to developing countries around the world.

Accepted Answer

A)  International Chamber of Commerce 
B)  World Bank Group 
C)  Organization for Economic Cooperation and Development 
D)  World Economic Forum

Question 8

Which of the following is a multinational corporation that tailors marketing strategies to the host country's unique characteristics?

Accepted Answer

A)  borderless organization 
B)  global company 
C)  multidomestic corporation 
D)  transnational organization

Question 9

The North American Free Trade Agreement includes ________.

Accepted Answer

A)  Mexico, Canada, and the United States 
B)  Canada, Mexico, the United States, and Costa Rica 
C)  the United States, Canada, Mexico, and Honduras 
D)  Canada, Mexico, Panama, and the United Sates

Question 10

Cypress Exports would like to establish retail outlets in Mongrovia, a quasi-democratic African country with a growing middle class. But the national and local officials all want "gratuities" to process the applications for permits. Cypress Exports should appeal to ________.

Accepted Answer

A)  the World Trade Organization 
B)  the International Monetary Fund 
C)  the African Union 
D)  the Organization for Economic Cooperation and Development

Question 11

Helga has noticed an increasing number of female CEOs of large corporations and also that more fathers are staying home to raise children while the mothers assume positions of leadership in business. This is a culture with ________.

Accepted Answer

A)  high gender differentiation 
B)  low gender differentiation 
C)  high humane orientation 
D)  low humane orientation

Question 12

Define parochialism. Discuss why parochialism is a problem for U.S. managers and discuss reasons why it is important to overcome parochialism in today's business environment.

Accepted Answer

The answer of Define parochialism. Discuss why parochialism is a...

Question 13

Heinrich, a purchaser for an optics company in Germany, must place an order for materials for use in its production process. He is most likely to order from a company ________.

Accepted Answer

A)  within the European Union because there would be no barriers to trade 
B)  in the United States because we have the same quality as any European company 
C)  in Switzerland because the Swiss are known for their fine detail work 
D)  in Asia because labor is cheaper there

Question 14

A transnational organization reflects an ethnocentric attitude.

Accepted Answer

A) True 
 B)False

Question 15

Nathan uses ethnic craftsmen to make high quality oak furniture. If he decides to offer his furniture for sale in other countries, he will be engaging in ________.

Accepted Answer

A)  importing 
B)  exporting 
C)  licensing 
D)  franchising

Question 16

The forerunner of the Organization for Economic Cooperation and Development was the ________ that was formed in 1947 to administer American and Canadian aid under the Marshall Plan for the reconstruction of Europe after World War II.

Accepted Answer

A)  Organization of European States 
B)  Organizational Council of Europe 
C)  Organization for European Economic Cooperation 
D)  Organization for European Investment

Question 17

Employers in the global marketplace look for which one of the following?

Accepted Answer

A)  a college degree in multicultural awareness 
B)  critical thinking skills 
C)  multi-lingual skills 
D)  respect for differences

Question 18

Only when a country's political/legal environment is unstable or revolutionary is it of concern to managers.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is a feature of a multidomestic corporation?

Accepted Answer

A)  all decisions are made in the home country 
B)  reflects an ethnocentric attitude 
C)  eliminates artificial geographic borders 
D)  has a decentralized management

Exam 3: Globalmanagement

Multidomestic corporations reflect the ________.

A global mind-set refers to attributes that allow a leader to be effective in cross-cultural environments.

The United States, Canada, Mexico, and Honduras are parties to the North American Free Trade Association.

One advantage of NAFTA has been ________.

Mercosur is a trading group made up of ten South American countries.

Coca-Moka, an American beverage company, sells its soft drinks in Thirstania. After earning large profits, Coca-Moka discovered it could not export those profits back to its American banks because of the ________ in Thirstania.

The ________ is a group of five closely associated institutions, all owned by its member countries, that provides vital financial and technical assistance to developing countries around the world.

Which of the following is a multinational corporation that tailors marketing strategies to the host country's unique characteristics?

The North American Free Trade Agreement includes ________.

Cypress Exports would like to establish retail outlets in Mongrovia, a quasi-democratic African country with a growing middle class. But the national and local officials all want "gratuities" to process the applications for permits. Cypress Exports should appeal to ________.

Helga has noticed an increasing number of female CEOs of large corporations and also that more fathers are staying home to raise children while the mothers assume positions of leadership in business. This is a culture with ________.

Define parochialism. Discuss why parochialism is a problem for U.S. managers and discuss reasons why it is important to overcome parochialism in today's business environment.

Heinrich, a purchaser for an optics company in Germany, must place an order for materials for use in its production process. He is most likely to order from a company ________.

A transnational organization reflects an ethnocentric attitude.

Nathan uses ethnic craftsmen to make high quality oak furniture. If he decides to offer his furniture for sale in other countries, he will be engaging in ________.

The forerunner of the Organization for Economic Cooperation and Development was the ________ that was formed in 1947 to administer American and Canadian aid under the Marshall Plan for the reconstruction of Europe after World War II.

Employers in the global marketplace look for which one of the following?

Only when a country's political/legal environment is unstable or revolutionary is it of concern to managers.

Which of the following is a feature of a multidomestic corporation?