Question 1

Which one of the following is NOT true regarding planning and controlling of global operations?

Accepted Answer

A)   The home office must be linked with foreign affiliates while considering different environments, cultures and needs.
B)   Increasingly, technology facilitates the planning and control of global communications through vastly improved communications systems.
C)   Businesses with investments in foreign countries must remain cautious about the risk of doing business across political and economic borders.
D)   Political risk analysis is used to forecast the probability that events - like social instabilities dues to ethnic differences, armed conflicts, and new laws and economic policies -- will threaten the security of a foreign investment.
E)   Global planning and controlling are not especially challenging or difficult because of the availability of computer-based global networks.F) B) and D)
G) A) and D)

Question 2

Businesses expand their operations to the international market for many reasons. Which of these is NOT a reason offered by your text?

Accepted Answer

A)   To increase access to needed raw materials
B)   To take advantage of decreased governmental control in host countries
C)   To draw on the financial resources of many nations
D)   To have access to lower labour costs
E)   To expand profit potentialF) D) and E)
G) None of the above

Question 3

The North American Free Trade Agreement has created a market of potential consumers larger than its rival, the:

Accepted Answer

A)   European Union.
B)   European International Association.
C)   European Free Trade Organisation.
D)   North American and European Association.
E)   European Foreign Countries.F) A) and C)
G) A) and D)

Question 4

Because educational systems vary from country to country, business leaders around the world are concerned about:

Accepted Answer

A)   the absence of appropriate skills in the workforce.
B)   actual or potential human resource deficits.
C)   problems of illiteracy.
D)   All of the options listed
E)   None of the options listedF) A) and B)
G) B) and D)

Question 5

Which of the following does NOT accurately characterise the conduct of international business?

Accepted Answer

A)   Global sourcing, exporting/importing and licensing/franchising are market entry strategies for conducting international business.
B)   When a business is just getting started internationally, direct investment strategies are the usual way to begin.
C)   Market entry strategies involve the sale of goods or services to foreign markets but do not require major capital investments.
D)   Direct investment strategies require major capital commitments but create rights of ownership and control over foreign operations.
E)   Joint ventures and wholly owned subsidiaries are direct investment strategies for conducting international business.F) D) and E)
G) B) and D)

Question 6

Which of the following examples represent Hofstede's masculinity-femininity dimension?

Accepted Answer

A)   Everyone should have equal rights versus only the ones in control are entitled to privilege
B)   Willingness to take risks versus concern with security in life
C)   Time is free versus time is money
D)   Assertiveness versus concerns for feelings
E)   Reliance on group decisions versus reliance on individual decisionsF) B) and E)
G) A) and B)

Question 7

____________ provides a business with the opportunity to take advantage of international wage gaps and the availability of skilled labour by dispersing more and more work to foreign locations.

Accepted Answer

A)   Global sourcing
B)   Licensing
C)   Exporting
D)   Importing
E)   Direct investmentF) D) and E)
G) A) and E)

Question 8

__________ links 14 countries of southern Africa in trade and economic development efforts.

Accepted Answer

A)   South Africa Union (SAU) 
B)   South African Free Trade Association (SAFT
A)  
C)   South Africa Economic Cooperative (SAE
C)  
D)   South African Development Community (SAD
C)  
E)   South African Community (SA
C)  F) A) and B)
G) B) and E)

Question 9

The global manager is a person who is:

Accepted Answer

A)   comfortable with cultural diversity.
B)   quick to find opportunities in unfamiliar settings.
C)   able to utilise economic, social, technological and other forces for the benefit of the organisation.
D)   All of the options listed
E)   None of the options listedF) None of the above
G) A) and B)

Question 10

Which of the following statements about the relationship between Australia and New Zealand is true?

Accepted Answer

A)   The bilateral relationship between the two countries remains strong, and is evident from the progress on the continuing trans-Tasman trade and economic agenda.
B)   The relationship between Australia and New Zealand is weakening economically.
C)   The gap between Australia and New Zealand's business law regimes is widening.
D)   The trans-Tasman Mutual Recognition Arrangement was disbanded in 2002.
E)   There is an increase in compliance costs for companies operating in both countries.F) C) and E)
G) B) and E)

Question 11

The text discusses characteristics of the Japanese approach to management. Which of the following is NOT one of these characteristics?

Accepted Answer

A)   Japanese firms emphasise quality.
B)   Japanese managers like to make group decisions.
C)   Japanese practice emphasises job enrichment, focusing on restructuring individual jobs to suit individual needs.
D)   Japanese workers intend to work for an organisation their entire career.
E)   Japanese managers experience gradual career advancement.F) A) and C)
G) C) and D)

Question 12

Multinational corporations have several complaints about host countries. Which of the following is NOT one of these complaints?

Accepted Answer

A)   Pressure to buy raw materials at inflated prices
B)   Pressure to pay high prices for services
C)   Failure to uphold contracts
D)   Pressure to keep local wage rates low
E)   Foreign exchange restrictionsF) A) and E)
G) C) and D)

Question 13

According to Fons Trompenaars, __________ is the degree to which a culture emphasises objectivity and reserved detachment in relationships or allows for more emotionality and expressed feelings.

Accepted Answer

A)   specific versus diffuse
B)   neutral versus affective
C)   achievement versus prescription
D)   individualism versus collectivism
E)   universalism versus particularismF) B) and E)
G) D) and E)

Question 14

The European Union is composed of 27 Western European countries that have:

Accepted Answer

A)   formed a political alliance to overthrow communism.
B)   decided to promote cultural exchanges.
C)   created an international organisation to represent the rights and interests of workers.
D)   signed a mutual defence treaty.
E)   agreed to promote mutual economic growth by removing trade barriers.F) All of the above
G) A) and D)

Question 15

Geert Hofstede has developed a framework consisting of five dimensions for understanding the management implications of broad differences in national cultures. Which of the following accurately identifies these five dimensions?

Accepted Answer

A)   Political distance, uncertainty avoidance, utilitarianism-collectivism, masculinity-femininity and time orientation
B)   Power distance, uncertainty avoidance, individualism-collectivism, masculinity-femininity and time orientation
C)   Location, certainty avoidance, individualism-collectivism, masculinity-femininity and religious tradition
D)   Power distance, certainty avoidance, individualism-utilitarianism, masculinity-femininity and religious tradition
E)   Power distance, uncertainty avoidance, individualism-collectivism, totalitarianism-decentralisation and economic opportunitiesF) B) and D)
G) B) and E)

Question 16

The importing of products involves:

Accepted Answer

A)   selling locally made products in foreign markets.
B)   making investments in a foreign operation.
C)   contracting to provide managerial and technical service to a foreign concern.
D)   making direct investments in start-up operations abroad.
E)   acquiring foreign-made products and selling them in domestic markets.F) A) and E)
G) B) and C)

Question 17

Multinational corporations are often criticised at home for:

Accepted Answer

A)   diverting labour-intensive jobs from the domestic labour force to foreign labour markets.
B)   diverting capital investments away from the domestic market.
C)   allowing or encouraging corrupt practices in their foreign subsidiaries.
D)   All of the options listed
E)   None of the options listedF) A) and B)
G) A) and C)

Exam 4: International Dimensions of Management

The importing of products involves:

Correct Answer
verified

Which one of the following is NOT true regarding planning and controlling of global operations?

Correct Answer
verified

____________ provides a business with the opportunity to take advantage of international wage gaps and the availability of skilled labour by dispersing more and more work to foreign locations.

Correct Answer
verified

The text discusses characteristics of the Japanese approach to management. Which of the following is NOT one of these characteristics?

Correct Answer
verified

Which of the following statements about the relationship between Australia and New Zealand is true?

Correct Answer
verified

The North American Free Trade Agreement has created a market of potential consumers larger than its rival, the:

Correct Answer
verified

Multinational corporations are often criticised at home for:

Correct Answer
verified

The global manager is a person who is:

Correct Answer
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According to Fons Trompenaars, __________ is the degree to which a culture emphasises objectivity and reserved detachment in relationships or allows for more emotionality and expressed feelings.

Correct Answer
verified

The European Union is composed of 27 Western European countries that have:

Correct Answer
verified

Businesses expand their operations to the international market for many reasons. Which of these is NOT a reason offered by your text?

Correct Answer
verified

Which of the following examples represent Hofstede's masculinity-femininity dimension?

Correct Answer
verified

Which of the following does NOT accurately characterise the conduct of international business?

Correct Answer
verified

Geert Hofstede has developed a framework consisting of five dimensions for understanding the management implications of broad differences in national cultures. Which of the following accurately identifies these five dimensions?

Correct Answer
verified

Because educational systems vary from country to country, business leaders around the world are concerned about:

Correct Answer
verified

Multinational corporations have several complaints about host countries. Which of the following is NOT one of these complaints?

Correct Answer
verified

__________ links 14 countries of southern Africa in trade and economic development efforts.

Correct Answer
verified

Exam 4: International Dimensions of Management

The importing of products involves:

Correct AnswerverifiedShow Answer

Which one of the following is NOT true regarding planning and controlling of global operations?

Correct AnswerverifiedShow Answer

____________ provides a business with the opportunity to take advantage of international wage gaps and the availability of skilled labour by dispersing more and more work to foreign locations.

Correct AnswerverifiedShow Answer

The text discusses characteristics of the Japanese approach to management. Which of the following is NOT one of these characteristics?

Correct AnswerverifiedShow Answer

Which of the following statements about the relationship between Australia and New Zealand is true?

Correct AnswerverifiedShow Answer

The North American Free Trade Agreement has created a market of potential consumers larger than its rival, the:

Correct AnswerverifiedShow Answer

Multinational corporations are often criticised at home for:

Correct AnswerverifiedShow Answer

The global manager is a person who is:

Correct AnswerverifiedShow Answer

According to Fons Trompenaars, __________ is the degree to which a culture emphasises objectivity and reserved detachment in relationships or allows for more emotionality and expressed feelings.

Correct AnswerverifiedShow Answer

The European Union is composed of 27 Western European countries that have:

Correct AnswerverifiedShow Answer

Businesses expand their operations to the international market for many reasons. Which of these is NOT a reason offered by your text?

Correct AnswerverifiedShow Answer

Which of the following examples represent Hofstede's masculinity-femininity dimension?

Correct AnswerverifiedShow Answer

Which of the following does NOT accurately characterise the conduct of international business?

Correct AnswerverifiedShow Answer

Geert Hofstede has developed a framework consisting of five dimensions for understanding the management implications of broad differences in national cultures. Which of the following accurately identifies these five dimensions?

Correct AnswerverifiedShow Answer

Because educational systems vary from country to country, business leaders around the world are concerned about:

Correct AnswerverifiedShow Answer

Multinational corporations have several complaints about host countries. Which of the following is NOT one of these complaints?

Correct AnswerverifiedShow Answer

__________ links 14 countries of southern Africa in trade and economic development efforts.

Correct AnswerverifiedShow Answer

Correct Answer
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