Beruflich Dokumente
Kultur Dokumente
Section 01 Quiz # 1
Time: 15 Minutes
Points: 20
Attempt all questions. Mark the correct answer.
1. The deepening relationship and broadening interdependence among people from
.
different parts of the world is known as
@ globalization
b. off-shoring
c. economic geography
d. outsourcing
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4. A company starting out with a global focus, usually because of the international
.
experience of its founders, is called a
a. multinational enterprise
b. transnational company
c. strategically allianced company
d born-global company
out-sourcing
c. service imports
d. a turnkey operation
consists of specific learned norms based on attitudes, values, and beliefs of a group of
people.
A c $ s : n
d. Doctrine
ID #
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Time: 10 Minutes
Points: 10
1. The idea that endorses the principle that an individual has the freedom to pursue his
.
or her interest, even at the risk of threatening the common good, is called
a. socialism
b. totalitarianism
Socialism
Democracy
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3. The form of government whereby a single person, political party, or organized group
has absolute control over all facets of life in the country is called a
system.
capitalist
totalitarian
democratic
d. socialist
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6. The chance that political forces change a country's business environment in ways that
lead investors to lose some or all of the value of their investment or be forced to
accept a lower than projected rate of return is referred to as
.
a. governmental risk
b. operating risk
c. transaction risk
political risk
7. The
of a country outlines how authorities will regulate activities, such as the
investment of capital, custom duties applied to imports, or transfer of hazardous
waste, as well as routine activities such as the payment of dividends to foreign
investors.
a. political system
legal system
civil system
d. economic structure
8. A system of law based on a very detailed set of laws organized into a code is
commonly referred to as
.
a. an autocratic legal system
a common law system
a civil law system
d. an administrative law system
9. Laws on local business activities directly influence the operations of domestic and
foreign companies in areas such as
.
a. ethical standards and consumerism ideals
environmental standards and critical social issues
any issue that directly alters the well-being of local communities
@ employment practices, contractual relationships, and business formation
10.
refers to the creative ideas, innovative expertise, or intangible insights that give
an individual, company, or country a competitive advantage.
Proprietary goods
Exclusive ownership
Restrictive goods
@ Intellectual property
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1. Which of the following statements reflects the impact of MNEs on host counties?
a. Because of the large size of MNEs in terms of revenues, host counties do not
have the power to influence their policies.
@ FDI seems to have the greatest impact on host counties, although other forms
of doing business abroad can also have an influence.
c. Although a few MNEs have large revenues, their revenues are not significant
compared with the GNL of most countries.
d. Local pressure groups have given up devising policies to restrict MNE
movements and are more interested in how to let them do what is necessary to
be profitable.
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3. Which of the following statements is true regarding the potential economic effects
of MNEs?
a. FDI brings only capital inflows to the host country.
b. MNEs' investments are initially favorable to the home country and
unfavorable to the host country.
c. Host country restrictions on capital outflow increase confidence in the
economy and encourage MNEs to invest in the host country.
@ The effects of MNEs on growth and employment are not a zero-sum gameboth counties may benefit.
4. Opponents of FDI link the actions of MNEs to which of the following
consequences?
a. political stability
@ inkquitable income distribution
c. preservation of the environment
d. societal prosperity
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Name
ID#
7-3 5 3 2 A
Time: 10 Minut
Points: 10
C/
8 ~ ~ n t r itrade
e s policies, based on trade theories, influence which pr&
companies might export to given countries.
b. The understanding helps managers decide whether their companies should
follow laissez-faire management practices.
c. The theories help managers decide whether to locate production in large
versus small countries.
d. The comprehension is useful when deciding whether to transfer managers
abroad to manage foreign operations.
2. The trade theory that premises a country's wealth is measured by its holdings of
treasure, usually in gold, is known as
.
@ mercantilism
b. the Porter Diamond
c. monetarism
d. bullionism
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.
a. between high-income countries and low-income countries
@
among
I high-income countries
c. among low-income countries
d. between raw material exporters and manufacturing exporters
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5. Low-income countries have their best export advantage in which stage of the
product life cycle?
a. growth
b. maturity
@ decline
d. introduction
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c/
vi
Time: 10 Minutes
Points: 10
a.
b.
c.
d.
activity procession
value constellation
task succession
value chain
are those assets that are valuable for improving business, difficult for
competitors
to imitate, and can be extended as value-creating capability for use in other
product or geographic markets.
a. Core competencies
b. Barriers to entry
c. Mission statements
d. Company policies
Time: 10 Minutes
ID #
Points: 10
a.
b.
c.
d.
8. Why are foreign subsidiary managers often reluctant to propose divestments in the
countries where they are working?
a. They are afraid of proposing the elimination of their jobs.
b. They fear being evaluated negatively by corporate management.
c. They lack sufficient information to make recommendations to corporate
managers.
d. Many are in countries where the cultural attribute of power-distance is high.
9. In a concentration strategy of foreign expansion, a company would go to
.
a. many countries very rapidly, and then build up slowly in each
b. a foreign country with one product and not sell other products in that country
until a target market-share is reached
c. a reporting system that measures performance on a regional rather than a
county-by-country basis
d. one or a few foreign countries and build up fast there before going to other
countries
10. In a diversification strategy for international expansion, a company would move
a. rapidly into many foreign countries, and then gradually increase its presence in
those countries
b. rapidly into a few foreign countries with many of its products
c. into one foreign country and fully expand its product lines in that country
before moving to another country
d. move quickly into a regional foreign market but build up its resources in only
a few of the countries in the region
Time: 10 Minutes
ID #
Points: 10
of U.S. firms.
4. The basis for designing an effective strategy for exporting begins with
.
a. identifying how the company can potentially leverage its core competency into
international sales
b. hiring local personnel to help the firm establish itself in a foreign market
c. enlisting the support of an export management company
d. focusing on a large number of markets to minimize the degree of risk
d. indirect selling
8. The Internet supports more companies' effort to launch a direct selling strategy by
a.
b.
c.
d.
9. In terms of the relative importance of air and ocean freight for moving products
from country to country, trends in terms of more frequent shipments, lighterweight shipments, and higher-value shipments
.
a. help standardize rates on air and ocean shipment for incoming and outgoing
freight
b. favor the air freight business over ocean fieight business
c. have had an insignificant impact
d. favor the ocean freight business over air freight business
.O. A situation in which an exporter sells goods for cash but then undertakes to
promote exports from the importing country in order to help it earn foreign
.
exchange is known as
a. barter
b. swing trade
c. buyback
d. offset trade
Time: 20 Minutes
ID #
Points: 15
2. A reason for entering a market with a start-up operation rather than an acquisition is
that
.
a. this is an easier way of getting personnel in a tight labor-market situation
b. there may not be an acceptable firm to acquire
c. operations may commence more quickly
d. initial operating costs are usually lower
a.
b.
c.
d.
market control
adjustment control
bureaucratic control
clan control
19. The MNE that relies on shared values among all employees to idealize the preferred
behaviors and identify performance measures within the company is applying a
system of
.
a. market control
b. bureaucratic control
c. planning control
d. clan control
20. When a foreign operation is legally separate from the parent, even if wholly owned
.
by it, it is known as a(n)
a. turnkey operation
b. branch
c. network
d. subsidiary
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12. A major problem when cultures collide in international business occurs when
@ a company's employees encounter distress because of an inability to accept or
adjust to foreign behaviors
b. employees disagree on the style of art for decorating the office
c. local people have no expectation that foreigners should adjust to their culture
d. companies understand and adjust to the national cultures in which they d o
business
14. In which of the following situations would culture spread more easily between
country A and country B?
a. People from A and B speak different languages.
People from A and B speak the same language.
c. Both A and B lack significant ethnic subcultures.
d. Both A and B have several significant subcultures.
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16. In applying the hierarchy of needs theory, one should expect lower-order needs to be
a better motivator in
.
a. wealthy countries
b. collectivist countries
c. countries with conservative religious beliefs
d poor countries
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17. Attributes of
are low dependence on the organization and are a desire for
personal time, freedom, and challenge.
a. collectivism
democracy
individualism
d. anarchy
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20. The frustration people encounter when having to learn and cope with a vast array a
new cultural cues and expectations is
.
Z
(J culture shock
l s m
cultural distance
high-context culture
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