FIN 295 Quiz 1

subject Type Homework Help
subject Pages 4
subject Words 708
subject Authors Helen Deresky

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1) social responsibility, ethical behavior, and interdependence are important concerns to
be built into ________.
a) economic control
b) management control
c) corporate sustainability
d) moral idealism
2) the japanese preference for humanity, reciprocity, and analytic logic is known as
________.
a) kieretsu
b) ringi-sho
c) ningensei
d) allogato
3) which of the following terms refers to the practice by a country of rallying public
opinion in favor of national goals and against foreign influences?
a) nationalism
b) privatization
c) protectionism
d) governmentalism
4) fizzy is an american firm that manufactures carbonated soft drinks. fizzy executives
want to enter the global market, and they are considering the idea of a joint venture with
a beverage company located overseas. after conducting research on different beverage
firms, fizzy executives selected a large beverage manufacturer located in china. kevin
burns and three other top-level executives at fizzy have been assigned to the negotiating
team. the team has flown to china to negotiate the details of the joint venture.
which of the following, if true, strengthens the argument that kevin should be prepared
with specific details about the product specifications and technology that will be used?
a) the chinese firm has joint ventures with many international firms
b) the chinese firm is state-owned and located in beijing
c) the chinese firm uses a two-stage negotiation process: the technical and the
commercial
d) the chinese firm reportedly uses delay tactics during negotiations
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5) effective human resource management of a company's global cadre ends with
________.
a) allocation of an overseas assignment to the executive
b) successful repatriation of the executive into company headquarters
c) preparing the executive for cultural differences
d) providing foreign-language training to the executive
6) ________ staffing approach usually results in a higher level of authority and decision
making at headquarters compared to the polycentric approach.
a) ethnocentric
b) global
c) geocentric
d) regiocentric
7) which of the following terms refers to the nature and appearance of the relationship
between the people pursuing common goals in a negotiation?
a) software of negotiation
b) diplomacy of negotiation
c) objectivity of negotiation
d) transparency of negotiation
8) meryl software inc., an american mnc wishing total control of its operations, wants to
acquire an existing firm, graphiti animations, in canada. if acquired, graphiti animations
would be a ________.
a) fully-owned subsidiary
b) holding company
c) greenfield investment
d) shell corporation
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9) a merit-based reward system would be ineffective in taiwan because such a system
would most likely ________.
a) violate the traditional value system
b) hinder social networking
c) discourage junior employees
d) hinder productivity
10) which of the following forms of organization is particularly appropriate in a
dynamic and diverse environment?
a) the global functional structure
b) the global product structure
c) the domestic structure plus export department
d) the domestic structure plus foreign subsidiary
11) ________ is one of the elements of nonverbal communication.
a) ethnicity
b) gender
c) kinesic behavior
d) language
12) josh, a tourist from the united states, goes on a five-day trip to japan. apart from
learning their rich history and heritage, he notices that people do not shake hands, but
bow to each other. he is most likely to conclude that the japanese have a ________.
a) low-context culture
b) monotheistic culture
c) polychronic culture
d) low-contact culture
13) which of the following is the most common reactive reason for a firm to extend its
operations overseas?
a) tax incentives
b) economies of scale
c) globalization of competitors
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d) resource access and cost savings
14) the term ________ describes a collection of managers in or from several countries
who must rely on group collaboration if each member is to experience optimum success
and goal achievement.
a) global management team
b) niche management team
c) virtual management team
d) strategic management team

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