FIN 751

subject Type Homework Help
subject Pages 4
subject Words 737
subject Authors Helen Deresky

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1) ________ are transition mechanisms that propel the partners' strategies forward in a
turbulent environment faster than would be possible for each company alone.
a) cooperative strategies
b) entry strategies
c) options strategies
d) competitive strategies
2) according to the international codes of conduct, the mne behavior toward the public
is related to ________.
a) technology transfer and environmental protection
b) development policies
c) economic and developmental policies
d) laws and regulations
3) as manager with an international trade firm, john smith frequently travels between
europe and saudi arabia. on john's most recent trip to saudi arabia, he noticed that tariq,
his business associate, not only talked about business matters but also talked about
several other things, such as upcoming events in saudi arabia and the associated impact
on the economy. this most likely indicates that tariq is from a ________.
a) low-contact culture
b) polychronic culture
c) low-context culture
d) high power-distance culture
4) experts suggest that firms wanting to globalize through e-commerce must first
localize, which means firms need to ________.
a) use local suppliers, vendors, and distributors to manufacture products for the local
market
b) modify their products and services to meet the needs and interests of local cultures
c) sell their products in a brick-and-mortar store before selling them through an
e-market
d) test their products and services in local markets before selling them over the internet
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5) a ________ culture is characterized by people standing close together and touching a
great deal.
a) low-contact
b) monochronic
c) high-contact
d) polychronic
6) under which law system must the details of the promises be written into a contract in
order for it to be enforced?
a) common law
b) theocratic law
c) civil law
d) company law
7) global managers who exhibit cultural intelligence and cultural sensitivity will most
likely be able to ________.
a) negotiate effectively in expatriate assignments
b) request bonuses for overseas job assignments
c) implement technological changes quickly
d) conduct efficient performance appraisals
8) which of the following cultural norms greatly affects the negotiation process for the
chinese?
a) ingrained politeness and emotional restraint
b) emphasis on impersonal relationships
c) belief in explicit and direct approach
d) tendency to approach conflicts directly
9) in the far east, details are likely to be worked out ahead of time through the
"backdoor" approach. which of the following terms refers to this approach?
a) mottainai
b) lien
c) guanxi
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d) houmani
10) an international agreement which regulates international business by spelling out
the rights and obligations of the seller and buyer is known as ________.
a) agreement to technical barriers to trade
b) international standards on accounting and reporting
c) general agreement on tariffs and trade
d) contracts for international sale of goods
11) ________ are usually preferable when a high level of technical capability is
required and maintenance of close control is desired.
a) parent-country nationals
b) host-country nationals
c) expatriates
d) third-country nationals
12) expropriation is most likely to occur in a country that has ________.
a) numerous mncs in operation
b) constant political upheaval and change
c) a capitalistic economic system in place
d) stable economic growth and political consistency
13) which of the following is a negatively regarded trait of a leader?
a) effective bargainer
b) dictatorial
c) participative
d) autonomous
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14) according to ghemawat, which of the following offers room for cross-border
strategy to have content distinct from single-country strategy?
a) regional integration
b) nationalization
c) semi-globalization
d) privatization
15) in order to maximize a firm's global human resources, ihr managers need to
________.
a) promote the role of women in international management
b) develop line supervisors through extensive training programs
c) acquire low-cost resources
d) promote their organizations through word-of-mouth communication
16) which of the following is a primary characteristic of masculine societies?
a) assertiveness
b) emphasis on group achievements
c) tight social frameworks
d) lack of gender bias

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