CHPT 4 QUIZ

Which of the following countries has the second largest population in the world and is a major source of technological and scientific brainpower? A. India B. Russia C. Brazil D. China

A. India

Learning by thinking requires _____. A. a genuine curiosity about other people and cultures B. travel in a foreign country C. creating networks of relationships that cross cultural divides D. cultivating relationships with people across cultural boundaries

A. a genuine curiosity about other people and cultures

When speaking with others in the company, Silvan is always working to make sure his body language is conveying the same message as the words he is saying. His facial expression and body language are aspects of _____. A. implicit communication B. cultural communication C. negative communication D. explicit communication

A. implicit communication

Within the GLOBE Project value dimensions, a society with a low performance orientation means that _____. A. people pay less attention to performance and more attention to loyalty, belonging, and background B. people accept inequality in power among institutions, organizations, and people C. people value tenderness and concern for others over being competitive D. cultural values encourage and reward planning for the future over short-term results and quick gratification

A. people pay less attention to performance and more attention to loyalty, belonging, and background???

Parker lives in a city in a developing country where people haven't been served by most large businesses because products and services are too expensive, are inaccessible, and are not suited to their needs. This issue can potentially be alleviated when multinational companies _____. A. use bottom-of-the-pyramid business models B. place top-of-the-pyramid priorities on marketing models C. advocate for retrograde production techniques D. resist market interventions through political means

A. use bottom-of-the-pyramid business models

As a manager, Dalton would like to take the company into the international arena. The company, however, is not in a position to take on a great deal of risk or commitment or to spend much to make it happen. Which of the following options would be a good place for Dalton to start? A. A partnership B. Exporting C. A joint venture D. Outsourcing

B. Exporting

Which of the following statements best describes globalization of business? A. Events, ideas, and trends that influence organizations in one country are unlikely to influence them in other countries. B. Globalization and increasing interdependence have dramatically shifted the environment for managers. C. Globalization refers to the extent to which trade, investments, and information—but not social and cultural ideas and political cooperation—flow between countries. D. Business, unlike crime, has not become a unified, global field.

B. Globalization and increasing interdependence have dramatically shifted the environment for managers.

Which of the following makes it difficult to do business in China? A. Lack of trained workers, easy flow of goods to and from the borders B. High taxes, strict rules and regulations, and tight governmental controls C. Lack of trained workers, easy translation of product specifications, and an abundance of raw materials

B. High taxes, strict rules and regulations, and tight governmental controls

The General Agreement on Tariffs and Trade (GATT) was the precursor to which of the following trade agreements? A. The United Nations B. The WTO C. The USMCA D. The European Union

B. The WTO

The goal of the European Union is to _____. A. develop a common language and currency to unify the European nations B. create a powerful single-market system for Europe's millions of consumers, allowing people, goods and services to move freely C. integrate the markets of France, England, Spain, and Russia D. create an unified labor force to assist with the economic survival of member nations

B. create a powerful single-market system for Europe's millions of consumers, allowing people, goods and services to move freely

Nestlé SA has hundreds of brands that come from production facilities or other operations in almost every country in the world. In transcending national boundaries, Nestlé is a truly _____. A. egocentric company B. global company C. polycentric company D. ethnocentric company

B. global company

Lukas tends to speak up in meetings, to clarify points raised in discussion, and to demonstrate managerial competence to those higher in the hierarchy. Lukas is most likely from a _____. A. culture that values low assertiveness. B. low-context culture C. culture that values high power distance D. collectivist culture

B. low-context culture???

If the country in which you want to do business has regular uprisings to overthrow the government, it has a high level of _____. A. socio-cultural risk B. political instability C. legal-political constraints D. multinational corporations

B. political instability

If you are measuring the possibility that your company will be harmed because of social activism, you are measuring _____. A. legal-political challenges B. political risk C. political uncertainty D. civil disobedience

B. political risk

Which of the following is a disadvantage of globalization, brought to light by COVID-19? A. Globalization leaves nations disconnected to everyone else. B. Globalization can slow the rapid spread of future illnesses. C. Globalization adds risks to prosperity in ways firms and nations had not anticipated. D. Globalization contributes to travel bans and closed borders.

C. Globalization adds risks to prosperity in ways firms and nations had not anticipated.

Which of the following countries has a large number of highly trained scientists and doctors which has attracted U.S. pharmaceutical and healthcare R&D centers? A. South Africa B. Brazil C. India D. China

C. India

Which of the following characteristics is evident in a high-context culture? A. Individual welfare and achievement are more important than the group. B. People use communication primarily to exchange facts and information. C. People are sensitive to circumstances surrounding social exchanges. D. Business transactions are more important than building relationships and trust.

C. People are sensitive to circumstances surrounding social exchanges.

The text discusses major alternatives for engaging in the international arena. Which of the following would NOT be included among those alternatives? A. To develop markets outside the home country B. To transfer products for sale in foreign countries C. To engage in retrenchment strategies D. To seek cheaper resources via outsourcing

C. To engage in retrenchment strategies

In its production and marketing, Harley-Davidson plays up its red-white-and-blue roots, billing itself as an all-American brand that has a global appeal. This type of a multinational corporation is considered _____. A. polycentric B. geocentric C. ethnocentric D. egocentric

C. ethnocentric

Tom manages a company that arranges for products made in African nations to be sold to retail outlets in the United States and Europe. Tom's function in this arrangement is _____. A. customer service B. importing C. exporting D. outsourcing

C. exporting

The partnership strategy for entering the international arena to acquire resources or to enter new markets involves a high level of ownership and a ____. A. low cost to enter foreign operations B. low cost to enter host operations C. high cost to enter foreign operations D. high cost to enter host operations

C. high cost to enter foreign operations??

roponents of bottom-of-the-pyramid (BOP) thinking believe multinational firms _____. A. place emphasis on their home countries B. can contribute to positive lasting change when the profit motive goes hand in hand with the desire to make a contribution to humankind C. should not be paid for developing products that alleviate disadvantages of the world's poor D. charge the poor significantly more than their wealthier counterparts are charged for some basic needs

C. should not be paid for developing products that alleviate disadvantages of the world's poor

Which of the following countries are often the first place that U.S. businesses go when they are interested in getting into an international business? A. Philippines and Russia B. India and Russia C. Russia and South Africa D. China and India

D. China and India

Which of the following are NOT issues that an international manager must deal with when supervising operations in a foreign country? A. Understanding and abiding by differing laws and regulations concerning libel statutes, consumer protection, information and labeling, employment and safety, and wages. B. Handling a general public that may view foreign companies and foreign employees as outsiders. C. Engaging with unfamiliar political systems as well as more government supervision. D. Handling communication within corporate channels.

D. Handling communication within corporate channels.

Which of the following is a characteristic of a person with a global mind-set? A. The preference to avoid risks and the unpredictable B. The preference to speak English C. The ability to perceive and respond to events based on the person's own cultural perspective D. The ability to perceive and respond to many different perspectives at the same time

D. The ability to perceive and respond to many different perspectives at the same time

Rosa is having trouble implementing cross functional product teams in the company's marketing department that she manages in their Mexico City headquarters. Which of the following cultural values would explain why Rosa is encountering resistance? A. The employees' cultural values discourage altruism and outward expressions of concern. B. The employees' cultural values encourage collectivism. C. The employees' cultural values indicate a high tolerance for uncertainty. D. The employees' cultural values support high power distance.

D. The employees' cultural values support high power distance.

Which of the following characteristics applies to those referred to as bottom of the pyramid? A. About one-fourth of them earn less than a dollar a day. B. They earn less than US$800 per capita. C. They traditionally end up paying significantly less than their wealthier counterparts for some basic needs. D. They account for more than 5 billion people.

D. They account for more than 5 billion people.

The WTO serves as a _____. A. an international membership-based institution that has the legal authority to arbitrate disputes on some 1000 trade issues B. a member only organization that assists nations with tariffs and outsourcing C. a European trade alliance that assists with creating common currency and trade agreements between member nations D. global institution that can monitor international trade and has the legal authority to arbitrate disputes on some 400 trade issues

D. global institution that can monitor international trade and has the legal authority to arbitrate disputes on some 400 trade issues

The USMCA varies from NAFTA in areas concerning _____. A. the automotive industry and increasing the opportunities for global car manufacturers to open factories in Mexico B. the restriction of free trade across the United States-Canada border C. more lenient rules on labor laws D. the automotive industry and restrictions on global car makers manufacturing in Mexico

D. the automotive industry and restrictions on global car makers manufacturing in Mexico

The two ways managers expand their global mind-set are by _____. A. being both cognitively and psychologically active B. traveling and studying abroad C. learning languages and studying history D. thinking and doing

D. thinking and doing