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