Question 1

What methods are used by MNCs to protect intellectual property rights?

Accepted Answer

The most common methods of protecting pr

Question 2

According to experts, which of the following transactions is expected to offer the greatest opportunities for small, medium-sized, and large global firms in the near future?

Accepted Answer

A)  consumer-to-business 
B)  business-to-employee 
C)  business-to-consumer 
D)  business-to-business 
A)  consumer-to-business 
B)  business-to-employee 
C)  business-to-consumer 
D)  business-to-business

Question 3

Most small and medium-sized enterprises (SMEs) are ________.

Accepted Answer

A)  competing only on the local level due to technological and financial constraints 
B)  investing heavily in world markets by offshoring their labor activities 
C)  contributing to their national economies through exporting 
D)  attempting to avoid becoming globalized too quickly 
A)  competing only on the local level due to technological and financial constraints 
B)  investing heavily in world markets by offshoring their labor activities 
C)  contributing to their national economies through exporting 
D)  attempting to avoid becoming globalized too quickly

Question 4

Less developed countries most likely use their investment laws for all of the following reasons EXCEPT ________.

Accepted Answer

A)  training local people 
B)  increasing exports 
C)  acquiring needed technology 
D)  controlling the flow of technology 
A)  training local people 
B)  increasing exports 
C)  acquiring needed technology 
D)  controlling the flow of technology

Question 5

The Paris Union was established for the purpose of ________.

Accepted Answer

A)  enforcing contract laws 
B)  reducing trade barriers 
C)  protecting patents 
D)  reducing pollution 
A)  enforcing contract laws 
B)  reducing trade barriers 
C)  protecting patents 
D)  reducing pollution

Question 6

Emerson is a global manufacturing company headquartered in St. Louis, Missouri. The company employs almost 130,000 workers at its 250 manufacturing facilities located in five different continents. Emerson manufactures a wide range of products including air conditioning compressors, garbage disposers, and automotive parts. Emerson's Asian operations employ over 50,000 people at manufacturing facilities in Asia. Emerson needs to build a new manufacturing facility to produce automotive parts for cars manufactured in Detroit. Emerson executives are considering whether to build the new facility in China or in the U.S. Which of the following, if true, undermines the argument to build a new Emerson facility in China?

Accepted Answer

A)  China has committed over $500 billion to infrastructure projects. 
B)  U.S. firms continue outsourcing service jobs despite the economy. 
C)  Fuel costs have risen sharply and are not expected to drop. 
D)  China is the world's largest exporter of manufactured goods. 
A)  China has committed over $500 billion to infrastructure projects. 
B)  U.S. firms continue outsourcing service jobs despite the economy. 
C)  Fuel costs have risen sharply and are not expected to drop. 
D)  China is the world's largest exporter of manufactured goods.

Question 7

How would you characterize the Chinese economy today?

Accepted Answer

Having achieved its quest to join the Wo

Question 8

Some countries rigorously enforce employee secrecy agreements in order to ________.

Accepted Answer

A)  protect a firm's intellectual property 
B)  limit the influence of organized labor 
C)  avoid litigation between competing firms 
D)  strengthen international contract laws 
A)  protect a firm's intellectual property 
B)  limit the influence of organized labor 
C)  avoid litigation between competing firms 
D)  strengthen international contract laws

Question 9

The ________ approach to analyzing economic risk relies on a few easily measurable and timely criteria believed to reflect or indicate changes in the credit worthiness of the country.

Accepted Answer

A)  qualitative 
B)  checklist 
C)  quantitative 
D)  combination 
A)  qualitative 
B)  checklist 
C)  quantitative 
D)  combination

Question 10

According to Mathis, what are the four methods of analyzing economic risk? Which method is most commonly used by corporations?

Accepted Answer

The four methods are:quantitative (the c

Question 11

________ occurs when the local government seizes the foreign-owned assets of the MNC and provides inadequate compensation.

Accepted Answer

A)  Nationalization 
B)  Expropriation 
C)  Confiscation 
D)  Repatriation 
A)  Nationalization 
B)  Expropriation 
C)  Confiscation 
D)  Repatriation

Question 12

In a brief essay, discuss the effect of information technology on both globalism and international managers.

Accepted Answer

Of all the developments propelling globa

Question 13

Which type of country is most likely to use its investment laws to acquire appropriate technology?

Accepted Answer

A)  post industrial 
B)  newly industrializing 
C)  less developed 
D)  highly developed 
A)  post industrial 
B)  newly industrializing 
C)  less developed 
D)  highly developed

Question 14

How does the Internet facilitate both e-commerce and business-to-business transactions?

Accepted Answer

The Internet and e-business provide a nu

Question 15

Emerson is a global manufacturing company headquartered in St. Louis, Missouri. The company employs almost 130,000 workers at its 250 manufacturing facilities located in five different continents. Emerson manufactures a wide range of products including air conditioning compressors, garbage disposers, and automotive parts. Emerson's Asian operations employ over 50,000 people at manufacturing facilities in Asia. Emerson needs to build a new manufacturing facility to produce automotive parts for cars manufactured in Detroit. Emerson executives are considering whether to build the new facility in China or in the U.S. Which of the following questions is LEAST relevant to Emerson's decision regarding where to build a new facility?

Accepted Answer

A)  How will China's underdeveloped infrastructure affect Emerson's ability to manufacture and ship products? 
B)  How is China's political and economic agenda likely to affect Emerson's investment? 
C)  What is the likelihood of expropriation occurring to Emerson if it builds in China? 
D)  How will e-commerce affect Emerson's ability to export products from China? 
A)  How will China's underdeveloped infrastructure affect Emerson's ability to manufacture and ship products? 
B)  How is China's political and economic agenda likely to affect Emerson's investment? 
C)  What is the likelihood of expropriation occurring to Emerson if it builds in China? 
D)  How will e-commerce affect Emerson's ability to export products from China?

What methods are used by MNCs to protect intellectual property rights?

According to experts, which of the following transactions is expected to offer the greatest opportunities for small, medium-sized, and large global firms in the near future?

Most small and medium-sized enterprises (SMEs) are ________.

Less developed countries most likely use their investment laws for all of the following reasons EXCEPT ________.

The Paris Union was established for the purpose of ________.

How would you characterize the Chinese economy today?

Some countries rigorously enforce employee secrecy agreements in order to ________.

The ________ approach to analyzing economic risk relies on a few easily measurable and timely criteria believed to reflect or indicate changes in the credit worthiness of the country.

According to Mathis, what are the four methods of analyzing economic risk? Which method is most commonly used by corporations?

________ occurs when the local government seizes the foreign-owned assets of the MNC and provides inadequate compensation.

In a brief essay, discuss the effect of information technology on both globalism and international managers.

Which type of country is most likely to use its investment laws to acquire appropriate technology?

How does the Internet facilitate both e-commerce and business-to-business transactions?

Managing Interdependence Social Responsibility and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross Cultural Negotiation and Decision Making

Formulating Strategy

Global Alliances and Strategy Implementation

Organization Structure and Control Systems

Staffing Training and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters

Exam 1: Assessing the Environment Political, Economic, Legal, Technological

What methods are used by MNCs to protect intellectual property rights?

According to experts, which of the following transactions is expected to offer the greatest opportunities for small, medium-sized, and large global firms in the near future?

Most small and medium-sized enterprises (SMEs) are ________.

Less developed countries most likely use their investment laws for all of the following reasons EXCEPT ________.

The Paris Union was established for the purpose of ________.

How would you characterize the Chinese economy today?

Some countries rigorously enforce employee secrecy agreements in order to ________.

The ________ approach to analyzing economic risk relies on a few easily measurable and timely criteria believed to reflect or indicate changes in the credit worthiness of the country.

According to Mathis, what are the four methods of analyzing economic risk? Which method is most commonly used by corporations?

________ occurs when the local government seizes the foreign-owned assets of the MNC and provides inadequate compensation.

In a brief essay, discuss the effect of information technology on both globalism and international managers.

Which type of country is most likely to use its investment laws to acquire appropriate technology?

How does the Internet facilitate both e-commerce and business-to-business transactions?

Managing Interdependence Social Responsibility and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross Cultural Negotiation and Decision Making

Formulating Strategy

Global Alliances and Strategy Implementation

Organization Structure and Control Systems

Staffing Training and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters