Question 1

Expatriates receive cross-cultural training that develops language skills and provides cultural and historical orientation.

Accepted Answer

A) True 
 B)False

Question 2

Whereby a company builds a subsidiary from scratch in a foreign country, is referred to as a(n) ____________________, and is the most risky type of direct investment.

Accepted Answer

The answer of Whereby a company builds a subsidiary from...

Question 3

Companies need to be cautious of ____________________ and ____________________ when going international because they differ from country to country.

Accepted Answer

laws; regu

Question 4

____________________ is the criterion traditionally used to classify countries as developed or developing.

Accepted Answer

The answer of ____________________ is the criterion traditionally used to...

Question 5

Recent research by the GLOBE project has extended ____ research and offered new insights for managers.

Accepted Answer

A)  Hofstede's 
B)  Walton's 
C)  Weber's 
D)  Fayol's 
E)  Gilbreth's 
A)  Hofstede's 
B)  Walton's 
C)  Weber's 
D)  Fayol's 
E)  Gilbreth's

Question 6

In international operations, the economic environment represents all of the following factors EXCEPT

Accepted Answer

A)  infrastructure. 
B)  resource and product markets. 
C)  laws and regulations. 
D)  inflation. 
E)  exchange rates. 
A)  infrastructure. 
B)  resource and product markets. 
C)  laws and regulations. 
D)  inflation. 
E)  exchange rates.

Question 7

____________________ went into effect in early 1994, effectively creating a megamarket among the U.S., Canada, and Mexico.

Accepted Answer

The answer of ____________________ went into effect in early 1994,...

Question 8

____________________ is the barter of products for products rather than the sale of products for currency.

Accepted Answer

The answer of ____________________ is the barter of products for...

Question 9

Scenario - Sharon Cannon
Sharon Cannon was an MBA student in Detroit, Michigan, with a managerial position at the Ford Motor Company plant. She was invited to join a company that had entered into a joint venture with a German firm to manage a Volkswagen plant. Sharon would be under contract for one year, with an option to renew for a total of three years. Her salary would be 350% more than she was currently earning, and she would be given two all-expenses paid vacations each year. The money and the benefits sounded very nice, but Sharon wasn't sure what the best choice would be.
-The degree of international involvement for the joint venture is an example of

Accepted Answer

A)  outscoring. 
B)  exporting. 
C)  licensing. 
D)  direct investing. 
E)  greenfield venture. 
A)  outscoring. 
B)  exporting. 
C)  licensing. 
D)  direct investing. 
E)  greenfield venture.

Question 10

Cultural intelligence refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses.

Accepted Answer

A) True 
 B)False

Question 11

The Maquiladora industry along the Texas-Mexico border uses cheap labor for assembling products. This lowers the price for U.S. consumers and is an example of

Accepted Answer

A)  licensing. 
B)  joint venture. 
C)  outsourcing. 
D)  franchising. 
E)  none of these. 
A)  licensing. 
B)  joint venture. 
C)  outsourcing. 
D)  franchising. 
E)  none of these.

Question 12

Which organization originated and supports the idea of small businesses operating on a global level?

Accepted Answer

A)  GLOBE 
B)  EU 
C)  NAFTA 
D)  ASEAN 
E)  GATT 
A)  GLOBE 
B)  EU 
C)  NAFTA 
D)  ASEAN 
E)  GATT

Question 13

The degree to which people accept inequality in power among institutions, organizations, and people is called ____________________.

Accepted Answer

The answer of The degree to which people accept inequality...

Question 14

A multinational corporation typically receives more than 25 percent of its total sales revenues from operations inside the parent's home country.

Accepted Answer

A) True 
 B)False

Question 15

Exchange rates are included in which of the following international environments?

Accepted Answer

A)  The legal-political sector 
B)  The economic environment 
C)  The sociocultural environment 
D)  The barter system environment 
E)  The government sector 
A)  The legal-political sector 
B)  The economic environment 
C)  The sociocultural environment 
D)  The barter system environment 
E)  The government sector

Question 16

A form of exporting to less-developed countries is called

Accepted Answer

A)  licensing. 
B)  franchising. 
C)  greenfield venture. 
D)  joint venture. 
E)  countertrade. 
A)  licensing. 
B)  franchising. 
C)  greenfield venture. 
D)  joint venture. 
E)  countertrade.

Question 17

Which of the following refers to the rate at which one country's currency is exchanged for another country's currency?

Accepted Answer

A)  Interest rate 
B)  Inflation rate 
C)  Per capita income 
D)  Exchange rate 
E)  Economic rate 
A)  Interest rate 
B)  Inflation rate 
C)  Per capita income 
D)  Exchange rate 
E)  Economic rate

Question 18

Infrastructure management is the management of business operations conducted in more than one country.

Accepted Answer

A) True 
 B)False

Question 19

MNCs that are truly world-oriented and favor no specific country are considered ____________________.

Accepted Answer

geocentric

Question 20

A company's risk of loss of assets, earning power, or managerial control due to politically based events or action by host government is referred to as

Accepted Answer

A)  MFN. 
B)  political risk. 
C)  tariffs. 
D)  political instability. 
E)  terrorism. 
A)  MFN. 
B)  political risk. 
C)  tariffs. 
D)  political instability. 
E)  terrorism.

Expatriates receive cross-cultural training that develops language skills and provides cultural and historical orientation.

Whereby a company builds a subsidiary from scratch in a foreign country, is referred to as a(n) ____________________, and is the most risky type of direct investment.

Companies need to be cautious of and when going international because they differ from country to country.

____________________ is the criterion traditionally used to classify countries as developed or developing.

Recent research by the GLOBE project has extended ____ research and offered new insights for managers.

In international operations, the economic environment represents all of the following factors EXCEPT

____________________ went into effect in early 1994, effectively creating a megamarket among the U.S., Canada, and Mexico.

____________________ is the barter of products for products rather than the sale of products for currency.

Cultural intelligence refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses.

The Maquiladora industry along the Texas-Mexico border uses cheap labor for assembling products. This lowers the price for U.S. consumers and is an example of

Which organization originated and supports the idea of small businesses operating on a global level?

The degree to which people accept inequality in power among institutions, organizations, and people is called ____________________.

A multinational corporation typically receives more than 25 percent of its total sales revenues from operations inside the parent's home country.

Exchange rates are included in which of the following international environments?

A form of exporting to less-developed countries is called

Which of the following refers to the rate at which one country's currency is exchanged for another country's currency?

Infrastructure management is the management of business operations conducted in more than one country.

MNCs that are truly world-oriented and favor no specific country are considered ____________________.

A company's risk of loss of assets, earning power, or managerial control due to politically based events or action by host government is referred to as

Innovative Management for Turbulent Times

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managerial Planning and Goal Setting

Strategy Formulation and Implementation

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Dynamics of Behavior in Organizations

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Managing the Value Chain, Information Technology, and E-Business

Managing Small Business Start-Ups

Filters

Exam 4: Managing in a Global Environment

Expatriates receive cross-cultural training that develops language skills and provides cultural and historical orientation.

Whereby a company builds a subsidiary from scratch in a foreign country, is referred to as a(n) ____________________, and is the most risky type of direct investment.

Companies need to be cautious of ____________________ and ____________________ when going international because they differ from country to country.

____________________ is the criterion traditionally used to classify countries as developed or developing.

Recent research by the GLOBE project has extended ____ research and offered new insights for managers.

In international operations, the economic environment represents all of the following factors EXCEPT

____________________ went into effect in early 1994, effectively creating a megamarket among the U.S., Canada, and Mexico.

____________________ is the barter of products for products rather than the sale of products for currency.

Cultural intelligence refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses.

The Maquiladora industry along the Texas-Mexico border uses cheap labor for assembling products. This lowers the price for U.S. consumers and is an example of

Which organization originated and supports the idea of small businesses operating on a global level?

The degree to which people accept inequality in power among institutions, organizations, and people is called ____________________.

A multinational corporation typically receives more than 25 percent of its total sales revenues from operations inside the parent's home country.

Exchange rates are included in which of the following international environments?

A form of exporting to less-developed countries is called

Which of the following refers to the rate at which one country's currency is exchanged for another country's currency?

Infrastructure management is the management of business operations conducted in more than one country.

MNCs that are truly world-oriented and favor no specific country are considered ____________________.

A company's risk of loss of assets, earning power, or managerial control due to politically based events or action by host government is referred to as

Innovative Management for Turbulent Times

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managerial Planning and Goal Setting

Strategy Formulation and Implementation

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Dynamics of Behavior in Organizations

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Managing the Value Chain, Information Technology, and E-Business

Managing Small Business Start-Ups

Filters

Companies need to be cautious of and when going international because they differ from country to country.