test 1
the european union was launched by the signing of the
Maastricht treaty
a collaborative effort among countries to prohibit trade with one anthers nation is called
a boycott
nationalization is
a form of political/economic environment risks that can occur is a government forces the transfer of a firms ownership from private to the state
the fee paid by an exporter to the country of import i
a tariff
the fee paid by an exporter to the country of import is
a tariff
payment of bribes to foreign governments
all of the above
which of the following significant issues faced by business in russia
all of these
US firms that refuse to sell to Isreal because of the Arab league boycott against the country
are breaking US anti boycott laws
the two most common types of legal systems are
civil and common
in relative terms, which legal system is more consistent in its rulings?
common
undercover information gathering that attempts to anticipate a competitors business moves, that includes a range of data collection techniques, and that can walk a fine line between the ethical and legal is called
competitve advantage
Mercosur
consist of all of these
the statement when in rome do as the romans do is an example of
cultural relativism
experts believe that globalization will lead to all of the following expect
decrease in international cooperation
individuals moral judgments about what is right or wrong are
ethical values
which of the following is not on the top ten threats for international business
executive salaries
when a government compensates a company after nationalizing its assets its called
exporting
US business has always been a practice of ethical evidence by the FCPA
false
competitive intelligence is always legal and ethical
false
establishing a corporate code of conduct ensures employees will engage in ethical practices
false
feminine cultures emphasize the inequality of me and women and desire harmony in the workplace
false
interesting work seems to be something that is universally desirable by workers across cultures
false
juan is thinking about marketing his product in China and he should not concerned about protecting his products intellectual brand
false
overtime multinationals have not changed their geographic scope or orientation toward foreign subsidiaries
false
political concerns have no affect on legal issues
false
a unique characteristic of the asian business environment is
family owned empires
which of the following is not one of hofstede's cultural dimesions
high/low context context
indias biggest impact on the global economic scene is probably in
information technology
which of the following is not a limitation of ronen and shenkars approach
it focuses on attitudes of work
which group countries regions is called the triad
japan, the us and eu
one of the biggest external risk that companies face is
legal protection
which of the following is important for a company to take advantage of opportunities in the global market
local networks
the view that rules and practices should be adjusted depending on the person or situation i known as
particularism
if a company wants to enter a market in which the government has changed several times in the last wo years, it will need to evaluate its associated with the
political economic environment
the actions by groups of people or governments that have potential to affect the immediate and/or long term viability of a firm is called
political risk
our system of categorizing risk divides it into these three main areas
political/economic environment, domestic economic condition and external economic relations
a key goal for the WTO is to
reduce barriers and stimulate trade around the world
What legal system prohibits the collection of interest on loans
sharia
which of the following is not associated with universalism
there is a variety of justifications for continuing a firms business activity in countries where immoral actions are taking place
FDI is a good measure of countries prop sects the international business stage, either as an existing market or emerging one
true
One study found that American managers were more likely to view human relation issues (such as employ theft and misuse of company in information) in ethical terms than their counterparts in Austria and Germany
true
according to price water coopers , economic espionage is on the rise and responsible for about $45 billion in annual loses among fortune 100 companies
true
an example of political economic environment risk would be the possibility of internal conflicts
true
industries that are capital intensive and based on indigenous resources such as crude oil production and steel were most susceptible to nationalization
true
the Chinese government is often criticized for its human rights abuses
true
the use of illegal or questionable payments has been used in many societies throughout history
true
today south africa is both a rich and poor country, one with extreme income gaps as well as abundant natural resources
true
when a European asked if they would pay a bribe to do business in a large asian market, european managers were more likely to do so in order to maintain a competitive business presence
true
which of the following would a manger not want to do, to better understand a diverse workplace?
use sophisticated stereotypes at all times
developing countries often offer companies
well developed infrastructure and cheap labor