1) using the internet to streamline global supply systems ________.
a) enhances the efficiency of the supply chain
b) eliminates the reliance on local suppliers
c) creates a vertical hierarchical structure within organizations
d) increases fixed costs
2) which of the following is one of the stages in the negotiation process?
a) preparation
b) link building
c) feedback
d) orientation
3) ________ staffing approach serves to perpetuate particular personnel selections and
other decision-making processes because the same types of people are making the same
types of decisions.
a) global
b) ethnocentric
c) polycentric
d) regiocentric
4) globe cars, a leading automobile ancillary firm in china, has decided to form a global
alliance with fulda, a german tire manufacturing company. which of the following is a
primary challenge that globe cars is most likely to face in this alliance?
a) existing competitors
b) risk of investment
c) extreme trade barriers in china
d) differences in national cultures
5) which of the following terms suggests that global sourcing can produce gains in
efficiency, productivity, quality, and profitability by fully leveraging talent around the
world?
a) transformational outsourcing
b) business process reengineering
c) inverted sourcing
d) lean integration
6) the international business manager of toro automobiles, based in london, is currently
in indonesia negotiating with potential partners to set up a manufacturing plant. he is
intrigued and startled by the lack of apprehension shown by every person he has met in
standing close to him when greeting him. this is because the persons or the groups
involved in the meeting are a part of a ________.
a) low-context culture
b) polychronic culture
c) high-context culture
d) high-contact culture
7) according to the globe project, being a participative leader is regarded as more
important in ________.
a) canada
b) egypt
c) indonesia
d) mexico
8) ________ involves the ability to inspire and influence the thinking, attitudes, and
behavior of people anywhere in the world.
a) effective global leadership
b) an ethnocentric approach to management
c) effective repatriation
d) an autocratic style of leadership
9) according to a survey of alcoa’s virtual team members, successful team leaders
________.
a) have the ability to convey goals and resolve conflicts
b) are more likely to use autocratic power
c) are more likely to discourage innovation
d) have limited international experience
10) based on hofstede’s value dimensions, countries that have strict laws and procedures
to which their people adhere closely most likely have ________.
a) high power distance
b) high masculinity
c) high uncertainty avoidance
d) high individualism
11) meaningful, long-term performance standards can be provided by taking into
account nonfinancial measures such as ________.
a) union relations
b) taxes
c) transfer pricing
d) exchange-rate fluctuations
12) which of the following is the last step of making an ethical decision?
a) consulting your superiors if you still need clarification
b) following your own conscience and moral code
c) consulting the company’s code of ethics and established norms
d) weighing stakeholders’ rights
13) offshoring provides the company with access to foreign markets while avoiding
________.
a) relocation of the company to other countries
b) competition between companies in the global market
c) trade risks
d) trade barriers
14) for autonomous international subsidiaries, most of the impact from political risks
will be in which of the following areas?
a) financial operations
b) ownership and control
c) marketing and sales operations
d) managerial strategy and policy-making
15) the ________ is often used to equalize the standard of living between the host
country and the home country, and to add some compensation for inconvenience or
qualitative loss.
a) localization approach
b) balance sheet approach
c) relocation strategy
d) going-rate approach
16) the ________ approach to analyzing economic risk relies on a few easily
measurable and timely criteria believed to reflect or indicate changes in the
creditworthiness of the country.
a) qualitative
b) checklist
c) quantitative
d) systemic
17) larry is a top-level manager at smart-tech, an american semiconductor firm. larry is
involved in the negotiation procedures between smart-tech and a saudi arabian financial
group. larry has recently arrived in saudi arabia for the purpose of negotiating the final
terms of the contract.
which of the following statements undermines the argument that larry should adhere to
a strict agenda when negotiating with the arabs?
a) both saudi arabia and the u.s. are low-contact cultures
b) both saudi arabia and the u.s. are high-contact cultures
c) saudi arabia is a polychronic culture
d) saudi arabia is a monochronic culture
18) a comparative study of european project groups in several countries by sylvie
chevrie revealed three main strategies for dealing with the challenge of achieving
cross-cultural collaboration in multinational horizontal projects. which of the following
is one of those strategies?
a) minimizing trial-and-error processes
b) drawing upon individual tolerance and self-control
c) linking compensation to individual achievement
d) keeping disparate members isolated from the core organizational processes
19) the paris union was established for the purpose of ________.
a) enforcing contract laws
b) reducing trade barriers
c) protecting patents
d) reducing pollution