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Strayer Bus302 week 6 quiz 5 (august 2014)




Question 1;The two general kinds of trade barriers are ____.;Answer;government import standards and industry import standards;qualitative and quantitative barriers;voluntary and involuntary barriers;nationalistic and geocentric barriers;tariff barriers and nontariff barriers;Question 2;As Malta got ready for its admittance into the European Union (EU), all taxes on the importation of goods manufactured in Malta were eliminated. Malta was preparing to become part of a(n) ____.;Answer;zone of ethnocentricity;regional trading zone;neutral trading area;international cartel;global market;Question 3;A cosmetics company that is considering entering the South American market would be especially interested in the discretionary income within that region. In other words, which of the following would be a determining factor in its global strategy?;Answer;purchasing power;political uncertainty;expropriation potential;infrastructure;sociocultural trends;Question 4;Fran Wilson Creative Cosmetics is a medium-sized U.S. company that sells 1.5 million tubes of its lipstick annually in Japan. It has no physical presence within the country beyond the fact its products are sold there. Fran Wilson Creative Cosmetics uses ____ to reach the Japanese market.;Answer;franchising;direct investment;licensing;a strategic alliance;exporting;uestion 5;Uganda is one of only two countries in the world that produce a mineral required in the manufacturing of cellular phones. A company which mines that rare mineral decided to not invest in the country due to a bloody civil war resulting from a change in rulers. The mining company used a(n) ____.;Answer;avoidance strategy;control strategy;cooperative strategy;elimination strategy;self-protection strategy;Question 6;is a method of investment in which a company builds a new business or buys an existing business in a foreign country.;Answer;A strategic alliance;Direct foreign investment;A global new venture;A joint venture;Direct exporting;Question 7;Protectionism is the use of trade barriers to protect local companies and their workers from ____.;Answer;international unions;foreign competition;trademark infringements;patent violations;Question 8;Global business is defined as____.;Answer;the buying and selling of goods and services to people from different countries;includes any sale of goods and services;only involves companies with more than 50 employees;refers to sales made to people from different cultures, different regions, and different nations;is unregulated;Question 9;A(n) ____ is an agreement in which a foreign business owner pays a company a fee for the right to conduct that business in his or her country.;Answer;exporting agreement;cooperative contract;joint venture;strategic alliance;direct investment;Question 10;are both examples of cooperative contracts.;Answer;Licensing and joint ventures;Franchising and licensing;Direct investment and indirect investment;Direct exporting and indirect exporting;Joint ventures and strategies alliances;Question 11;A(n) ____ is a direct tax on imported goods designed to make it more expensive to buy those goods, instituted in hopes of reducing the volume of those imported goods in a given country.;Answer;tariff;nontariff barrier;trade roadblock;boycott quota;import subsidy;Question 12;A country or region that has an attractive business climate for companies that want to go global has found an ____.;Answer;easy access to growing markets;experienced marketplace metamorphosis;eliminated all political risks;a limited infrastructure;Question 13;To protect its farmers, Japan put limitations on the amount of mushrooms and leeks that could be imported into Japan from China. This limitation is an example of a(n) ____.;Answer;tariff;voluntary import restraint;subsidy;agricultural import standard;quota;Question 14;A multinational company that acts with ____ has offices, manufacturing plants, and distribution facilities in different countries all which run based on the same rules, guidelines, policies, and procedures.;Answer;policy certainty;global consistency;global adaptation;global certainty;regiocentrism;Question 15;are long-term, low-interest loans, cash grants, and tax deductions used to develop and protect companies or special industries.;Answer;Quotas;Voluntary export restraints;Cooperative contracts;Subsidies;Tariffs;3 points;Question 16;When managers delegate work, three transfers occur. The three transfers are responsibility, authority, and ____.;Answer;utility;synergy;reciprocity;accountability;empathy;Question 17;involves assigning direct authority and responsibility to a subordinate to complete tasks for which the manager is normally responsible.;Answer;A job description;Staff functionality;Delegation of authority;Decentralization;An organization chart;Question 18;departmentalization is defined as organizing work and workers into separate units responsible for particular business functions or areas of expertise.;Answer;Functional;Customer;Matrix;Product;Hierarchical;Question 20;Job specialization can result in ____.;Answer;high job satisfaction;employee boredom;low employee turnover;complicated job designs;low absenteeism;Question 21;A manufacturer of acrylic and latex gloves sells to medical laboratories, to factories where employees handle chemicals, to companies that manufacture micro-tech equipment, and to cleaning services. Because it is organized to better satisfy the needs of each of its four target markets, the manufacturer uses ____ departmentalization.;Answer;matrix;product;customer;geographic;functional;Question 22;In terms of the chain of command, ____ authority is the right to command immediate subordinates, while ____ authority is the right to advise but not command others who are not subordinates.;Answer;departmental, functional;centralized, decentralized;functional, expert;internal, external;line, staff;Question 24;departmentalization is notorious for confusion and conflict between project managers in different areas of the organization.;Answer;Matrix;Functional;Customer;Product;Geographic;A(n) ____ is a form of matrix departmentalization in which managers in different parts of the matrix negotiate conflicts and resources directly.;Answer;simple matrix;networked matrix;empathetic matrix;matrix of convenience;synergistic matrix;Question 26;determines the number, kind, and variety of tasks that individual workers perform in their jobs.;Answer;Standardization;Task mapping;Job design;Job specialization;An organizational chart;Question 27;Which of the following is an approach to managing interorganizational processes?;Answer;matrix organizations;modular organizations;flat organizations;hierarchical organizations;tall organizations;Question 28;A(n) ____ organization is one that is characterized by broadly defined jobs and responsibilities, loosely defined, frequently changing roles, and decentralized authority and horizontal communication based on task knowledge.;Answer;centralized;mechanistic;departmentalized;organic;modular;Question 29;is the degree to which a job gives workers the discretion, freedom, and independence to decide how and when to accomplish their jobs.;Answer;Task significance;Task identity;Skill variety;Autonomy;Skill feedback;Question 30;is the degree to which a job is perceived to have a substantial impact on others inside or outside the organization.;Answer;Task significance;Skill feedback;Skill variety;Autonomy;Task identity


Paper#35137 | Written in 18-Jul-2015

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