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500664RR - International Environmental Forces

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500664RR - International Environmental Forces;1. The risk of punitive damages in product liability cases has caused;A. little change on research or new products.;B. foreign companies to withhold potentially beneficial products from the U.S. market.;C. U.S. companies to increase research to find safer products.;D. consumers to demand that cases be heard by a judge rather than a jury.;2. Using a/an _______ staffing policy, selection of the best person for each job is done without considering;national origin.;A. polycentric;B. regiocentric;C. geocentric;D. ethnocentric;3. The broad purpose of market screening is to;A. keep track of competitors' activities.;B. pinpoint the most attractive prospects.;C. make decisions on organizational structure.;D. compare geographic and product structures.;4. Payments made to expatriates to compensate for extra costs of living abroad are called;A. differentials.;B. allowances.;C. premiums.;D. bonuses.;5. ICs pay _______ when the host-country taxes are higher than home-country taxes.;A. housing allowances;B. tax differentials;C. tax disincentives;D. bonuses;6. Reverse brain drain, a concern of American businesspeople, is related to the trend toward;A. a decline in workforce quality.;B. investing in local industry.;C. outsourcing to developing countries.;D. discrimination in host countries.;7. When skilled workers migrate in search of professional and economic opportunities, it's called;A. brain drain.;B. market forces.;C. competitive labor.;D. labor quality.;8. Only _______ percent of ICs have repatriation programs.;A. 49;B. 10;C. 5;D. 60;9. Market screening is derived from;A. current market trends.;B. environmental scanning.;C. local sociocultural forces.;D. global opportunities and threats.;10. Only the continent of _______ lacks inland waterways.;A. Australia;B. Asia;C. North America;D. South America;11. The two components of material culture are technology and;A. economics.;B. aesthetics.;C. materials.;D. purchasing.;12. There are several criteria for segmenting markets. Which of the following are two criteria for;segmenting?;A. Large and definable;B. Unclassified and unfulfilled;C. Small and elusive;D. Diverse and accessible;13. The two types of market screening procedures are;A. initial screening and secondary screening.;B. country screening and segment screening.;C. market indicators and market factors.;D. trend analysis and cluster analysis.;14. The initial step international business managers must take in learning to live with other cultures is to;A. realize that other cultures exist and are different from their own.;B. learn the language.;C. make friends with natives of the country.;D. visit the country.;15. The International Energy Agency concluded in 2010 that;A. a worldwide energy revolution based on low-carbon technologies is under way.;B. sustainable energy development was not feasible.;C. oil reserves would dry up by 2020.;D. oil demand must immediately drop worldwide by 10 percent.;16. A combination of _______ causes the same extremes in temperature and humidity in other countries as;is found in Colombia.;A. tropical rain forests and plains;B. heat and moisture;C. rain and fog;D. mountains and lowlands;17. Generally, because of higher birth and fertility rates, developing countries have more;populations than industrial countries.;A. healthy;B. unhealthy;C. mature;D. youthful;18. A commitment to actions that meet present needs without compromising the ecological, social, and;economic needs of future generations characterizes;A. socialism.;B. economic stability.;C. ethnocentricity.;D. environmental sustainability.;19. After Saudi Arabia, the country with the greatest heavy oil reserves is;A. Iraq.;B. Venezuela.;C. Canada.;D. Iran.;End of exam;20. Most anthropologists' theories of culture include the proposal that;A. regional variations on culture are partially due to genetic differences.;B. the beliefs, rules, and institutions of most cultures are nearly indistinguishable from each other.;C. each aspect of a culture develops because of a specific, often isolated need.;D. culture defines the boundaries of different groups.;500666RR - The Organizational Environment, Part 1;1. The term for what people are doing when they put forth less effort while members of a group is;A. catatonia.;B. groupthink.;C. individualism.;D. social loafing.;2. Japanese anime became a popular media in the United States due to;A. American fans pulling anime in.;B. Disney's adoption of the style in its animated movies.;C. heavy advertising in the United States by Japanese comic companies.;D. an unusual amount of manga piracy.;3. Which of the following means that goods are shipped to the buyer and payment isn't made until they've;been sold?;A. Bank collection time draft;B. Consignment;C. Irrevocable letter of credit;D. Cash in advance;4. _______ places increasing emphasis on recruiting and developing human resources.;A. Marketing;B. Globalization;C. Accounting;D. Localization;5. Which of the following is the least costly for a buyer of exported goods?;A. Cash in advance;B. Bank collection time draft;C. Irrevocable letter of credit;D. Open account;6. A _______ strategy is often used where there's a strong pressure to reduce costs and limited pressure to;adapt products for local markets.;A. transnational;B. global;C. home replication;D. multidomestic;7. The Small Business Administration (SBA) provides _______ assistance.;A. business development and financial;B. educational and placement;C. market analysis and Web development;D. product-search and product-support;8. A partnership between competitors, customers, or suppliers is called a/an;A. growth triangle.;B. merger.;C. affiliation.;D. strategic alliance.;9. A _______ is an arrangement under which a company provides managerial know-how in some or all;functional areas to another party for a fee.;A. manufacturing contract;B. strategic alliance;C. joint venture;D. management contract;10. A company in which each country's division manager reports directly to the CEO is;A. organized by geographic regions.;B. a hybrid organization.;C. a matrix organization.;D. divided by both product and function.;11. Independent businesses that handle import shipments for compensation are called;A. foreign freight forwarders.;B. commerce chambers.;C. customhouse brokers.;D. bonded warehouse managers.;12. The behaviors and processes that go along with organizing people to achieve a common purpose are;seen in;A. line supervisors.;B. managers.;C. leaders.;D. chairmen of the board.;13. One disadvantage of indirect exporting is that;A. licensing and red tape can delay completion of shipments.;B. large cash outlays are required.;C. it's difficult to find the right agent for a firm's product.;D. the firm gains little experience from transactions.;14. Incoterms were developed by the International Chamber of Commerce to;A. promote trade missions.;B. translate international contracts.;C. facilitate legal price quotes between buyers and sellers.;D. clarify terms of sale.;15. Organizational _______ is a process dealing with how a company should be organized for integration;efficiency, and effectiveness.;A. competitiveness;B. design;C. division;D. functions;16. The term tactical plans refers to;A. detailed, short-term operational plans.;B. broad operational plans on which strategic plans are based.;C. scenarios presented as comprehensive future strategies.;D. long-term strategies that address best- and worst-case scenarios.;17. Manufacturers that sell products from other companies in foreign markets along with their own are;referred to as;A. resident buyers.;B. commission agents.;C. cooperative exporters.;D. export merchants.;18. The difference between tacit knowledge and explicit knowledge is that;A. tacit knowledge is always expressed visually.;B. tacit knowledge is difficult to express in terms of pictures or words.;C. explicit knowledge is codified in numbers only.;D. explicit knowledge is subjective while tacit knowledge is objective.;19. The McDonald's, Kentucky Fried Chicken, or Subway in your area is an example of a;A. joint venture.;B. licensed product.;End of exam;C. strategic alliance.;D. franchise.;20. Residents of a country who represent various noncompeting foreign suppliers and take orders in those;firms' names are known as manufacturers;A. traders.;B. retailers.;C. agents.;D. distributors.

 

Paper#19831 | Written in 18-Jul-2015

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