Question;500664RR - International Environmental Forces1. The risk of punitive damages in product liability cases has causedA. 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 consideringnational origin.A. polycentricB. regiocentricC. geocentricD. ethnocentric3. The broad purpose of market screening is toA. 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 calledA. differentials.B. allowances.C. premiums.D. bonuses.5. ICs pay _______ when the host-country taxes are higher than home-country taxes.A. housing allowancesB. tax differentialsC. tax disincentivesD. bonuses6. Reverse brain drain, a concern of American businesspeople, is related to the trend towardA. 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 calledA. brain drain.B. market forces.C. competitive labor.D. labor quality.8. Only _______ percent of ICs have repatriation programs.A. 49B. 10C. 5D. 609. Market screening is derived fromA. current market trends.B. environmental scanning.C. local sociocultural forces.D. global opportunities and threats.10. Only the continent of _______ lacks inland waterways.A. AustraliaB. AsiaC. North AmericaD. South America11. The two components of material culture are technology andA. economics.B. aesthetics.C. materials.D. purchasing.12. There are several criteria for segmenting markets. Which of the following are two criteria forsegmenting?A. Large and definableB. Unclassified and unfulfilledC. Small and elusiveD. Diverse and accessible13. The two types of market screening procedures areA. 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 toA. 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 thatA. 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 asis found in Colombia.A. tropical rain forests and plainsB. heat and moistureC. rain and fogD. mountains and lowlands17. Generally, because of higher birth and fertility rates, developing countries have more _______populations than industrial countries.A. healthyB. unhealthyC. matureD. youthful18. A commitment to actions that meet present needs without compromising the ecological, social, andeconomic needs of future generations characterizesA. socialism.B. economic stability.C. ethnocentricity.D. environmental sustainability.19. After Saudi Arabia, the country with the greatest heavy oil reserves isA. Iraq.B. Venezuela.C. Canada.D. Iran.End of exam20. Most anthropologists' theories of culture include the proposal thatA. 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 11. The term for what people are doing when they put forth less effort while members of a group isA. catatonia.B. groupthink.C. individualism.D. social loafing.2. Japanese anime became a popular media in the United States due toA. 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'vebeen sold?A. Bank collection time draftB. ConsignmentC. Irrevocable letter of creditD. Cash in advance4. _______ places increasing emphasis on recruiting and developing human resources.A. MarketingB. GlobalizationC. AccountingD. Localization5. Which of the following is the least costly for a buyer of exported goods?A. Cash in advanceB. Bank collection time draftC. Irrevocable letter of creditD. Open account6. A _______ strategy is often used where there's a strong pressure to reduce costs and limited pressure toadapt products for local markets.A. transnationalB. globalC. home replicationD. multidomestic7. The Small Business Administration (SBA) provides _______ assistance.A. business development and financialB. educational and placementC. market analysis and Web developmentD. product-search and product-support8. A partnership between competitors, customers, or suppliers is called a/anA. 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 allfunctional areas to another party for a fee.A. manufacturing contractB. strategic allianceC. joint ventureD. management contract10. A company in which each country's division manager reports directly to the CEO isA. 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 calledA. 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 areseen inA. line supervisors.B. managers.C. leaders.D. chairmen of the board.13. One disadvantage of indirect exporting is thatA. 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 toA. 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. competitivenessB. designC. divisionD. functions16. The term tactical plans refers toA. 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 arereferred to asA. resident buyers.B. commission agents.C. cooperative exporters.D. export merchants.18. The difference between tacit knowledge and explicit knowledge is thatA. 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 aA. joint venture.B. licensed product.End of examC. strategic alliance.D. franchise.20. Residents of a country who represent various noncompeting foreign suppliers and take orders in thosefirms' names are known as manufacturers'A. traders.B. retailers.C. agents.D. distributors.
Paper#52850 | Written in 18-Jul-2015Price : $20