Question 1

The process by which companies undertake some activities at offshore locations instead of in their countries of origin is:

Accepted Answer

A) Homesourcing 
B) Insourcing 
C) Offshoring 
D) Globalization 
A) Homesourcing 
B) Insourcing 
C) Offshoring 
D) Globalization C

Question 2

Which of the following observations about NAFTA is incorrect?

Accepted Answer

A) Mexican businesses are finding themselves able to take advantage of the U.S. market by producing goods that were previously purchased from Asia 
B) Mexican firms are now able to produce products at highly competitive prices thanks to lower-cost labor and proximity to the American market 
C) Mexican firms can now export goods into the European community only by paying a heavy tariff 
D) Mexico's trade with Asia is on the rise, which is important to the country as it wants to reduce its overreliance on the U.S. market 
A) Mexican businesses are finding themselves able to take advantage of the U.S. market by producing goods that were previously purchased from Asia 
B) Mexican firms are now able to produce products at highly competitive prices thanks to lower-cost labor and proximity to the American market 
C) Mexican firms can now export goods into the European community only by paying a heavy tariff 
D) Mexico's trade with Asia is on the rise, which is important to the country as it wants to reduce its overreliance on the U.S. market C

Question 3

The countries of the Association of Southeast Asian nations are challenging China's position as destinations for low-cost production and export.

Accepted Answer

A) True 
 B)False  True

Question 4

To qualify as a multinational corporation, a firm must meet all of the following criteria except:

Accepted Answer

A) Operations in more than one country 
B) International sales 
C) A nationality mix of managers and owners 
D) Sales of at least one million dollars per year 
A) Operations in more than one country 
B) International sales 
C) A nationality mix of managers and owners 
D) Sales of at least one million dollars per year

Question 5

Chaebols are large, family-held conglomerates in:

Accepted Answer

A) Thailand 
B) Japan 
C) South Korea 
D) China 
A) Thailand 
B) Japan 
C) South Korea 
D) China

Question 6

United States multinationals have more foreign direct investment in Germany than any other country.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is true of India today?

Accepted Answer

A) It has a relatively small middle class 
B) Education levels tend to be low 
C) It is attractive to MNCs 
D) There is a distinct lack of government funds for economic development 
A) It has a relatively small middle class 
B) Education levels tend to be low 
C) It is attractive to MNCs 
D) There is a distinct lack of government funds for economic development

Question 8

What is a multinational corporation? Why would a company want to be a multinational corporation?

Accepted Answer

A multinational corporation is a firm th

Question 9

Emerging markets are developing economies that exhibit sustained economic reform and growth.

Accepted Answer

A) True 
 B)False

Question 10

Like most South American economies, Brazil's economy is faced with grave economic problems.Its GDP through 2011 continued to fall, and inflation and unemployment increased.

Accepted Answer

A) True 
 B)False

Question 11

Internationalization is the vision of creating one world unit, a single market entity.

Accepted Answer

A) True 
 B)False

Question 12

Identify the statement false of China's economic condition.

Accepted Answer

A) China's GDP has remained strong, growing at 9.1 percent in 2009 
B) In 2012, China's GDP was 8 percent, despite the global economic crisis 
C) Trade relations between China and developed countries and regions, such as the United States and the EU, are lax 
D) Many believe that the value of the Chinese currency is kept artificially low, giving China an unfair advantage in selling exports 
A) China's GDP has remained strong, growing at 9.1 percent in 2009 
B) In 2012, China's GDP was 8 percent, despite the global economic crisis 
C) Trade relations between China and developed countries and regions, such as the United States and the EU, are lax 
D) Many believe that the value of the Chinese currency is kept artificially low, giving China an unfair advantage in selling exports

Question 13

Which form of social media is not known for significantly changing how consumers search for products and services?

Accepted Answer

A) Linkdin 
B) Epicurious 
C) Facebook 
D) Twitter 
A) Linkdin 
B) Epicurious 
C) Facebook 
D) Twitter

Question 14

Which of the following countries was not among the world's 10 most competitive nations in 2013?

Accepted Answer

A) United States 
B) Singapore 
C) United Kingdom 
D) Norway 
A) United States 
B) Singapore 
C) United Kingdom 
D) Norway

Question 15

The Trans-Pacific Partnership (TPP) currently includes:

Accepted Answer

A) Peru, the United States, and Vietnam 
B) Great Britain, New Zealand, and China 
C) India, Canada, and Australia 
D) Singapore, Russia, and Chile 
A) Peru, the United States, and Vietnam 
B) Great Britain, New Zealand, and China 
C) India, Canada, and Australia 
D) Singapore, Russia, and Chile

Question 16

In the early 1990s, _____ had recovered from its economic problems of the previous decade and become the strongest economy in Latin America.

Accepted Answer

A) Brazil 
B) Argentina 
C) Mexico 
D) Chile 
A) Brazil 
B) Argentina 
C) Mexico 
D) Chile

Question 17

Identify the statement which is not true of Mexico.

Accepted Answer

A) When it joined NAFTA, Mexico was on the verge of becoming the major economic power in Latin America 
B) Mexico has free-trade agreements with more than 50 countries 
C) Mexico's trade with Asia is declining 
D) Mexico's government is pro-business 
A) When it joined NAFTA, Mexico was on the verge of becoming the major economic power in Latin America 
B) Mexico has free-trade agreements with more than 50 countries 
C) Mexico's trade with Asia is declining 
D) Mexico's government is pro-business

Question 18

The European Union:

Accepted Answer

A) Has achieved the reality of a single currency and a regional central bank 
B) Has eliminated all trade barriers among member countries 
C) Subjects member nations to quotas on the manufacture and shipment of high-quality, low-cost goods 
D) Imposes duties on member nations for the manufacture and shipment of high-quality, low-cost goods 
A) Has achieved the reality of a single currency and a regional central bank 
B) Has eliminated all trade barriers among member countries 
C) Subjects member nations to quotas on the manufacture and shipment of high-quality, low-cost goods 
D) Imposes duties on member nations for the manufacture and shipment of high-quality, low-cost goods

Question 19

The term used to indicate the amount invested in property, plant, and equipment in another country is:

Accepted Answer

A) Exporting 
B) Foreign direct investment 
C) Importing 
D) Trade imperfection 
A) Exporting 
B) Foreign direct investment 
C) Importing 
D) Trade imperfection

Question 20

Mexico believes that the United States is its most important market and that little effort should go into expanding trade with Europe and Asia at least for now.

Accepted Answer

A) True 
 B)False

The process by which companies undertake some activities at offshore locations instead of in their countries of origin is:

Which of the following observations about NAFTA is incorrect?

The countries of the Association of Southeast Asian nations are challenging China's position as destinations for low-cost production and export.

To qualify as a multinational corporation, a firm must meet all of the following criteria except:

Chaebols are large, family-held conglomerates in:

United States multinationals have more foreign direct investment in Germany than any other country.

Which of the following is true of India today?

What is a multinational corporation? Why would a company want to be a multinational corporation?

Emerging markets are developing economies that exhibit sustained economic reform and growth.

Like most South American economies, Brazil's economy is faced with grave economic problems.Its GDP through 2011 continued to fall, and inflation and unemployment increased.

Internationalization is the vision of creating one world unit, a single market entity.

Identify the statement false of China's economic condition.

Which form of social media is not known for significantly changing how consumers search for products and services?

Which of the following countries was not among the world's 10 most competitive nations in 2013?

The Trans-Pacific Partnership (TPP) currently includes:

In the early 1990s, _____ had recovered from its economic problems of the previous decade and become the strongest economy in Latin America.

Identify the statement which is not true of Mexico.

The European Union:

The term used to indicate the amount invested in property, plant, and equipment in another country is:

Mexico believes that the United States is its most important market and that little effort should go into expanding trade with Europe and Asia at least for now.

The Political, Legal, and Technological Environment

Ethics, Social Responsibility, and Sustainability

The Meanings and Dimensions of Culture

Managing Across Cultures

Organizational Cultures and Diversity

Cross-Cultural and Negotiation

Strategy Formulation and Implementation

Entry Strategies and Organizational Structures

Managing Political Risk, Government Relations, and Alliances

Management Decision and Control

Motivation Across Cultures

Leadership Across Cultures

Human Resource Selection and Development Across Cultures

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Exam 1: Globalization and International Linkages

The process by which companies undertake some activities at offshore locations instead of in their countries of origin is:

Which of the following observations about NAFTA is incorrect?

The countries of the Association of Southeast Asian nations are challenging China's position as destinations for low-cost production and export.

To qualify as a multinational corporation, a firm must meet all of the following criteria except:

Chaebols are large, family-held conglomerates in:

United States multinationals have more foreign direct investment in Germany than any other country.

Which of the following is true of India today?

What is a multinational corporation? Why would a company want to be a multinational corporation?

Emerging markets are developing economies that exhibit sustained economic reform and growth.

Like most South American economies, Brazil's economy is faced with grave economic problems.Its GDP through 2011 continued to fall, and inflation and unemployment increased.

Internationalization is the vision of creating one world unit, a single market entity.

Identify the statement false of China's economic condition.

Which form of social media is not known for significantly changing how consumers search for products and services?

Which of the following countries was not among the world's 10 most competitive nations in 2013?

The Trans-Pacific Partnership (TPP) currently includes:

In the early 1990s, _____ had recovered from its economic problems of the previous decade and become the strongest economy in Latin America.

Identify the statement which is not true of Mexico.

The European Union:

The term used to indicate the amount invested in property, plant, and equipment in another country is:

Mexico believes that the United States is its most important market and that little effort should go into expanding trade with Europe and Asia at least for now.

The Political, Legal, and Technological Environment

Ethics, Social Responsibility, and Sustainability

The Meanings and Dimensions of Culture

Managing Across Cultures

Organizational Cultures and Diversity

Cross-Cultural and Negotiation

Strategy Formulation and Implementation

Entry Strategies and Organizational Structures

Managing Political Risk, Government Relations, and Alliances

Management Decision and Control

Motivation Across Cultures

Leadership Across Cultures

Human Resource Selection and Development Across Cultures

Filters