FIN 688 Midterm

subject Type Homework Help
subject Pages 3
subject Words 567
subject Authors Helen Deresky

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1) most managers in mexico find that the management style that works best there is
________.
a) democratic
b) authoritative
c) theocratic
d) consultative
2) international joint ventures are like a marriage because ________.
a) the firms cannot be separated into single entities after the merging
b) each firm will have access to all of the others' proprietary technologies and
competitively sensitive information
c) the more issues that can be settled before the merger, the less likely it will be to break
up
d) each firm will have equal decision-making powers
3) there are various categories of resourcesboth people and processeswhich ihr
managers and others must develop and maintain; in particular it is essential for them to
________.
a) minimize long-term retention and use of international cadre
b) develop culturally homogeneous teams
c) develop effective global management teams
d) consider host-country labor relations system as essentially anarchic
4) ________ enable cost effective, rapid knowledge sharing and collaboration, but are
fraught with cross-cultural and logistical challenges.
a) virtual global teams
b) organizational cliques
c) local work teams
d) organizational lobbies
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5) according to pierre casse, which of the following is a typical characteristic of a
successful indian negotiator?
a) never changes his or her mind
b) lacks patience
c) uses trade secrets to strengthen his position
d) stays humble and trusts the opponent
6) which of the following terms is increasingly replacing the term "expatriate" due to
the global staffing approach?
a) repatriate
b) global manager
c) transpatriate
d) line manager
7) which of the following most likely encourages firms to localize?
a) increasing tariffs at the host country
b) providing domestic subsidies
c) demand for undifferentiated, standardized products
d) need for economies of scale
8) a company subscribing to ethical relativism would implement the morality of the
________.
a) host country
b) shareholders
c) legal system
d) home country
9) which of the following is the quickest and cheapest way to develop a global strategy?
a) fully-owned subsidiaries
b) greenfield investments
c) strategic alliances
d) acquisitions
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10) which of the following is an advantage of establishing a new, fully-owned foreign
manufacturing?
a) absence of expropriation risks
b) currency stability
c) full control over decision making
d) repatriation
11) which of the following is a competitive aspect of strategic alliances?
a) sharing resources to limit investment risk when entering new markets or uncertain
technological fields
b) lowering exit barriers in mature industries, therefore, assisting short-term corporate
restructurings
c) accelerating diffusion of industry standards and new technologies to create barriers to
entry
d) creating a critical mass to develop new technologies to protect domestic, strategic
industries
12) cultural sensitivity is also known as ________.
a) cultural empathy
b) cultural intelligence
c) cultural quotient
d) cultural diffusion
13) ________ are all about learning how to deal with a wide range of people, to adapt
to their cultures through compromise, and not to be a dictator.
a) multiple perspectives
b) tolerance levels
c) technical skills
d) managerial skills

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