Question 1

In companies that adopt the _____ model of organizational structure,functions are centralized where it makes sense to do so,but a great deal of decision making also takes place at the local level.

Accepted Answer

A)   international
B)   multinational
C)   global
D)   transnational
E)   intranationalF) A) and C)
G) A) and D)

Question 2

Offshoring occurs when an organization contracts with an outside provider to produce one or more of an organization's products or services.

Accepted Answer

A) True 
 B)False

Question 3

What are the pros and cons of using expatriates,host-country nationals,and third-country nations to run overseas operations? If an individual wants to expand his business,what approach should he use?

Accepted Answer

The use of expatriates, host-country nat...

Question 4

An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making and tight control by the parent company over most aspects of worldwide operations is known as the:

Accepted Answer

A)   international model.
B)   multinational model.
C)   global model.
D)   transnational model.
E)   intranational model.F) All of the above
G) C) and D)

Question 5

Collaborating with other countries in trade:

Accepted Answer

A)   leads to increased prices.
B)   narrows down the market for managers.
C)   raises the standards of living.
D)   leads to reduced efficiency.
E)   causes conspiracy between cultures.F) C) and E)
G) A) and D)

Question 6

Discuss how culture plays out in terms of ethical behavior.What can organizations do to manage these issues more effectively?

Accepted Answer

The answer of Discuss how culture plays out in terms...

Question 7

Which of the following core values do most people embrace despite differences across cultures,and regardless of nationality or religion?

Accepted Answer

A)   Individualism
B)   Competitiveness
C)   Responsibility
D)   Persistence
E)   SincerityF) B) and E)
G) C) and E)

Question 8

Ethnocentrism is the tendency to judge others by the standards of one's own culture or group,which are seen as superior.

Accepted Answer

A) True 
 B)False

Question 9

Based on Scenario A,which of the following global strategies is Alpha Company using?

Accepted Answer

A)   Global
B)   International
C)   Transnational
D)   Multinational
E)   DomesticF) B) and C)
G) A) and B)

Question 10

One of the advantages of exporting is that it provides scale economies.

Accepted Answer

A) True 
 B)False

Question 11

Under the ____,member countries of the European Union agreed to adopt a common European currency called the euro.

Accepted Answer

A)   NAFTA
B)   Maastricht Treaty
C)   GATT Agreement
D)   APEC Treaty
E)   European Unification ActF) C) and E)
G) A) and C)

Question 12

In Scenario C,Rebecca can be best described as a(n) :

Accepted Answer

A)   third-country national.
B)   host-country national.
C)   globalite executive.
D)   expatriate.
E)   inpatriatE.F) B) and C)
G) A) and E)

Question 13

One of the consequences of an increasingly integrated global economy is that imports are penetrating deeper into the world's largest economies.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following entry modes do most manufacturing companies use to begin global expansion?

Accepted Answer

A)   Exporting
B)   Wholly owned subsidiaries
C)   Franchising
D)   Licensing
E)   Joint venturesF) C) and D)
G) A) and D)

Question 15

Which of the following is an advantage of a wholly owned subsidiary as a global entry strategy?

Accepted Answer

A)   It is the least expensive method of serving an overseas market.
B)   It requires the local partner to share the costs of operating overseas.
C)   It is not affected by the rules and regulations of the host country.
D)   It minimizes the risks of overseas operations.
E)   It gives a company tight control over operations in other countries.F) C) and D)
G) A) and B)

Question 16

To be competitive in a global economy,Europeans must:

Accepted Answer

A)   reduce their population density.
B)   increase their level of productivity.
C)   work for fewer hours.
D)   increase the average workers' wages.
E)   tighten immigration rules.F) C) and E)
G) All of the above

Question 17

In the international model,managers use their organization's existing core capabilities to expand into foreign markets.

Accepted Answer

A) True 
 B)False

Question 18

When a company's competitive advantage is based on technology and it wishes to enter the global marketplace,the least preferred strategy is the wholly owned subsidiary.

Accepted Answer

A) True 
 B)False

Question 19

From Scenario A,it can be concluded that Beta Company is using the _____ model of international competition.

Accepted Answer

A)   global
B)   international
C)   transnational
D)   multinational
E)   domesticF) All of the above
G) A) and B)

Question 20

In the integration-responsiveness grid the:

Accepted Answer

A)   vertical axis measures pressures for global integration and the horizontal axis measures pressures for local responsiveness.
B)   horizontal axis measures pressures for local interaction and the vertical axis measures pressures for global responsiveness.
C)   horizontal axis measures financial viability and the vertical axis measures employee satisfaction.
D)   vertical axis measures employee satisfaction and the horizontal axis measures management credibility.
E)   vertical axis measures pressures for global systems capacity and the horizontal axis measures pressures for local financial success.F) A) and B)
G) B) and C)

Exam 6: International Management

When a company's competitive advantage is based on technology and it wishes to enter the global marketplace,the least preferred strategy is the wholly owned subsidiary.

Correct AnswerverifiedShow Answer

One of the advantages of exporting is that it provides scale economies.

Correct AnswerverifiedShow Answer

Based on Scenario A,which of the following global strategies is Alpha Company using?

Correct AnswerverifiedShow Answer

Ethnocentrism is the tendency to judge others by the standards of one's own culture or group,which are seen as superior.

Correct AnswerverifiedShow Answer

What are the pros and cons of using expatriates,host-country nationals,and third-country nations to run overseas operations? If an individual wants to expand his business,what approach should he use?

Correct AnswerAnswered by ExamLex AIThe use of expatriates, host-country nat...View AnswerShow Answer

Which of the following core values do most people embrace despite differences across cultures,and regardless of nationality or religion?

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In companies that adopt the _____ model of organizational structure,functions are centralized where it makes sense to do so,but a great deal of decision making also takes place at the local level.

Correct AnswerverifiedShow Answer

Under the ____,member countries of the European Union agreed to adopt a common European currency called the euro.

Correct AnswerverifiedShow Answer

Which of the following is an advantage of a wholly owned subsidiary as a global entry strategy?

Correct AnswerverifiedShow Answer

In the integration-responsiveness grid the:

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To be competitive in a global economy,Europeans must:

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Offshoring occurs when an organization contracts with an outside provider to produce one or more of an organization's products or services.

Correct AnswerverifiedShow Answer

In Scenario C,Rebecca can be best described as a(n) :

Correct AnswerverifiedShow Answer

Discuss how culture plays out in terms of ethical behavior.What can organizations do to manage these issues more effectively?

Correct AnswerverifiedShow Answer

An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making and tight control by the parent company over most aspects of worldwide operations is known as the:

Correct AnswerverifiedShow Answer

Which of the following entry modes do most manufacturing companies use to begin global expansion?

Correct AnswerverifiedShow Answer

In the international model,managers use their organization's existing core capabilities to expand into foreign markets.

Correct AnswerverifiedShow Answer

Collaborating with other countries in trade:

Correct AnswerverifiedShow Answer

From Scenario A,it can be concluded that Beta Company is using the _____ model of international competition.

Correct AnswerverifiedShow Answer

One of the consequences of an increasingly integrated global economy is that imports are penetrating deeper into the world's largest economies.

Correct AnswerverifiedShow Answer

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The use of expatriates, host-country nat...
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