FIN 571
3. Over the years many countries in South America were experiencing: (Points : 4)
economic prosperity.
utter economic collapse.
difficult economic problems.
economic stability.
4. The process of applying management concepts and techniques in a multinational environment and adapting management practices to different economic, political and cultural environments is called_______________. (Points : 4)
Globaliztion
Entrepreneurship
MNC
International management
5. The most obvious dimension of the technological environment facing international managers today is: (Points : 4)
telecommunications.
transportation.
agricultural mechanization.
improved service technologies.
6. The statute that makes it illegal to influence foreign officials through personal payment of political contributions is referred to as the: (Points : 4)
Fairness in International Affairs Act.
Foreign Corrupt Practices Act.
Global Ethics Act.
Fair Treatment of Foreign Citizens Act.
7. Development that meets humanity's needs without harming future generations is called (Points : 4)
corporate social responsibility (CSR)
sustainability
social obligations
ethical endeavors
8. The __________ makes it illegal to influence foreign officials through personal payments or political contributions. (Points : 4)
Foreign Corrupt Practices Act
Global Bribery Act
International Ethics and Bribery Act
Export-Import Ethical Standards Act
9. Among the characteristic of less developed countries is: (Points : 4)
a large population
high unemployment
low GDP
all of the above
10. The following continent has recently privatized traditionally nationalized industries: (Points : 4)
Asia
Europe
Latin America
Africa
11. __________ is acquired knowledge that people use to interpret, experience, and generate social behavior. (Points : 4)
Edification
Culture
Climate
Cognition
12. __________ are basic convictions that people have regarding what is right and wrong, good and bad, important or unimportant. (Points : 4)
Tenets
Edicts
Norms
Values
13. Multinational corporations to be successful in international markets must be able to understand: (Points : 4)
intra-state commerce.
multi-cultural dimensions.
domestic procedures.
inter-country discipline.
14. _________________ is the tendency to view the world through one's own eyes and perspectives. (Points : 4)
Parochialism
Simplification
Geogentric
Regeocentric
15. The process of exhibiting the same orientation toward different cultural groups is called: (Points : 4)
Nationalism.
Ethnocentrism.
Simplification
Symbolism.
16. Research reveals that far from addressing regional differentiation issues, many MNCs are committed to a(n) __________, which is a belief that one worldwide approach to doing business is the key to both efficiency and effectiveness. (Points : 4)
international complacency.
globalization imperative
worldwide indifference
cross-cultural contentment
17. Which one of the following is not a suggestion for doing business in Russia: (Points : 4)
build personal relationships
be patient
offer excessive praise
stress exclusivity
18. A __________ group is a group that is characterized by members who share similar backgrounds and generally perceive, interpret, and evaluate events in similar ways. (Points : 4)
multicultural
bicultural
token
homogeneous
19. A __________ group is a group in which two or more members represent each of two distinct cultures, such as four Mexicans and four Taiwanese who have formed a team to investigate the possibility of investing in a venture. (Points : 4)
multicultural
bicultural
token
homogeneous
20. A __________ group is a group in which all members but one have the same background, such as a group of Japanese retailers and a British attorney. (Points : 4)
token
multicultural
bicultural
homogeneous
21. Organizational __________ is a pattern of basic assumptions that are developed by a group as it learns to cope with problems of external adaptation and internal integration and that are taught to new members as the correct way to perceive, think, and feel in relation to these problems. (Points : 4)
culture
ambience
character
structure
22. Many firms have found to their dismay that a failure to understand home-country perceptions can result in disastrous: (Points : 4)
union campaigns.
advertising programs.
TQM programs.
self-managed teams.
23. __________ is the process of bargaining with one or more parties for the purpose of arriving at a solution that is acceptable to all. (Points : 4)
Negotiation
Conflict
Compromise
Arbitration
24. A person's view of reality is referred to as: (Points : 4)
perception.
cognition.
thought.
awareness.
25. The American culture viewed by most Americans believe themselves to have the following characteristics except: (Points : 4)
passive.
friendly.
outgoing.
kind.
economic prosperity.
utter economic collapse.
difficult economic problems.
economic stability.
4. The process of applying management concepts and techniques in a multinational environment and adapting management practices to different economic, political and cultural environments is called_______________. (Points : 4)
Globaliztion
Entrepreneurship
MNC
International management
5. The most obvious dimension of the technological environment facing international managers today is: (Points : 4)
telecommunications.
transportation.
agricultural mechanization.
improved service technologies.
6. The statute that makes it illegal to influence foreign officials through personal payment of political contributions is referred to as the: (Points : 4)
Fairness in International Affairs Act.
Foreign Corrupt Practices Act.
Global Ethics Act.
Fair Treatment of Foreign Citizens Act.
7. Development that meets humanity's needs without harming future generations is called (Points : 4)
corporate social responsibility (CSR)
sustainability
social obligations
ethical endeavors
8. The __________ makes it illegal to influence foreign officials through personal payments or political contributions. (Points : 4)
Foreign Corrupt Practices Act
Global Bribery Act
International Ethics and Bribery Act
Export-Import Ethical Standards Act
9. Among the characteristic of less developed countries is: (Points : 4)
a large population
high unemployment
low GDP
all of the above
10. The following continent has recently privatized traditionally nationalized industries: (Points : 4)
Asia
Europe
Latin America
Africa
11. __________ is acquired knowledge that people use to interpret, experience, and generate social behavior. (Points : 4)
Edification
Culture
Climate
Cognition
12. __________ are basic convictions that people have regarding what is right and wrong, good and bad, important or unimportant. (Points : 4)
Tenets
Edicts
Norms
Values
13. Multinational corporations to be successful in international markets must be able to understand: (Points : 4)
intra-state commerce.
multi-cultural dimensions.
domestic procedures.
inter-country discipline.
14. _________________ is the tendency to view the world through one's own eyes and perspectives. (Points : 4)
Parochialism
Simplification
Geogentric
Regeocentric
15. The process of exhibiting the same orientation toward different cultural groups is called: (Points : 4)
Nationalism.
Ethnocentrism.
Simplification
Symbolism.
16. Research reveals that far from addressing regional differentiation issues, many MNCs are committed to a(n) __________, which is a belief that one worldwide approach to doing business is the key to both efficiency and effectiveness. (Points : 4)
international complacency.
globalization imperative
worldwide indifference
cross-cultural contentment
17. Which one of the following is not a suggestion for doing business in Russia: (Points : 4)
build personal relationships
be patient
offer excessive praise
stress exclusivity
18. A __________ group is a group that is characterized by members who share similar backgrounds and generally perceive, interpret, and evaluate events in similar ways. (Points : 4)
multicultural
bicultural
token
homogeneous
19. A __________ group is a group in which two or more members represent each of two distinct cultures, such as four Mexicans and four Taiwanese who have formed a team to investigate the possibility of investing in a venture. (Points : 4)
multicultural
bicultural
token
homogeneous
20. A __________ group is a group in which all members but one have the same background, such as a group of Japanese retailers and a British attorney. (Points : 4)
token
multicultural
bicultural
homogeneous
21. Organizational __________ is a pattern of basic assumptions that are developed by a group as it learns to cope with problems of external adaptation and internal integration and that are taught to new members as the correct way to perceive, think, and feel in relation to these problems. (Points : 4)
culture
ambience
character
structure
22. Many firms have found to their dismay that a failure to understand home-country perceptions can result in disastrous: (Points : 4)
union campaigns.
advertising programs.
TQM programs.
self-managed teams.
23. __________ is the process of bargaining with one or more parties for the purpose of arriving at a solution that is acceptable to all. (Points : 4)
Negotiation
Conflict
Compromise
Arbitration
24. A person's view of reality is referred to as: (Points : 4)
perception.
cognition.
thought.
awareness.
25. The American culture viewed by most Americans believe themselves to have the following characteristics except: (Points : 4)
passive.
friendly.
outgoing.
kind.
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