Description : Diversification into many unrelated areas is an example of: A. Risk management B. Good management C. Uncertainty reduction D. Sustainability
Last Answer : Uncertainty reduction
Description : Globalization can create problems for business because: A. It can result in more competition. B. It reduced vulnerability to political risk and uncertainty when operating abroad. C. It means that they can increase prices. D. All the options given are correct.
Last Answer : All the options given are correct.
Description : Globalization is beneficial for firms because: A. It protects them against foreign competition. B. It cushions them from the effects of events in other countries. C. It opens up new market opportunities. D. It increases the risk and uncertainty of operating in a globalizing world economy.
Last Answer : It opens up new market opportunities.
Description : The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal ... , external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment
Last Answer : Fit, internal resources, external environment
Description : According to Porter, dealing with the paradox of premature commitment versus not enough commitment involves some kind of: A. Trade-off B. Lock-in C. Lock-outD. Diversification
Last Answer : Lock-out
Description : _____________ is a cultural dimension in which people expect others in their group to look after them and protect them when they are in trouble. A. Power distance B. Collectivism C. Quantity of life D. Uncertainty avoidance
Last Answer : Collectivism
Description : The object of portfolio is to reduce ……by diversification A . Return B. Risk C. Uncertainty D. Percentage
Last Answer : Answer: B
Description : A complete list of categories and key words are used in risk management group to categorize A. Risks B. Assumptions C. Environments D. All of the above
Last Answer : All of the above
Description : An environment which is increasingly complex and turbulent displays: A. More orderly competition. B. A reduced risk of product obsolescence. C. More predictable demand. D. Increased speed of innovation.
Last Answer : Increased speed of innovation.
Last Answer : More orderly competition.
Description : When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration
Last Answer : A. conglomerate diversification.
Description : __________ is adding new, unrelated products or services for present customers. a. Concentric diversification b. Horizontal diversification c. Conglomerate diversification d. Product development
Last Answer : Horizontal diversification
Description : Factors that affect global human resource management are A. economic factors B. societal factorsC. cultural factors D. all of the above
Last Answer : all of the above
Description : In 90’s the global management perception was based on A. Standardization v/s adaptation B. Globalization v/s localization C. Global integration v/s Local Responsiveness D. Local responsiveness
Last Answer : Globalization v/s localization
Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy
Last Answer : Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures
Last Answer : Relationships with national governments
Description : 'Logical incrementalism' can be described as: A. Careful design and planning B. Emergent C. Cautious resource allocation D. Top management rational analysis
Last Answer : Top management rational analysis
Description : Competitive advantage based on the creation of opportunities using internal resources is characterized by which approach/view? A. The positioning approach B. The outside-in approach C. The resource-based viewD. The knowledge-management approach
Last Answer : The resource-based view
Description : In the context of strategic management, stakeholders can be defined as: A. An individual or group with a financial stake in the organization B. An external individual or group that is able to ... individual or group with an interest in the organization's activities and who seeks to influence them
Last Answer : Internal groups or individuals that are able to influence strategic direction of the organization
Description : In the context of strategic management resources can be defined as: A. The knowledge and skills within the organization B. Something that an organization owns or controls that cannot be copied C. ... , controls or has access to on a semipermanent basis D. The physical assets of the organization
Last Answer : The physical assets of the organization
Description : When complex organizations conduct projects, projects usually require input from several A. Functional departments B. Marketing departments C. Senior management D. Management department
Last Answer : Functional departments
Description : In the case where an organization acquires its supplier, this is an example of: A. Horizontal integration B. Forwards vertical integration C. Backwards vertical integration D. Downstream vertical integration
Last Answer : Downstream vertical integration
Description : Value maximization theory fails to address the problem of A.self-serving management. B.risk C.uncertainty D.sluggish growth.
Last Answer : A.self-serving management.
Description : In a global market place Managers must A. deals with economic, political and cultural differences B. expect competitors to suddenly appear at any time from any place C. not to take specific differences of local environment into consideration D. A and B
Last Answer : A and B
Description : McDonalds is deciding whether to expand into manufacturing kitchen equipment in China. At what level is this decision likely to be made? A. Business B. Corporate C. Functional D. International
Last Answer : Business
Last Answer : . A and B
Description : Subsidiaries consider the regional environment for policy or Strategy formulation is known as _____. a. Polycentric Approach b. Regiocentric Approach c. Ethnocentric Approach d. Geocentric Approach
Last Answer : Regiocentric Approach
Description : ______ is the application of knowledge which redefines the boundaries of global business. a. Cultural Values b. Society c. Technology d. Economy
Last Answer : Technology
Description : Ultimately ______ was replaced by the ______ on 1st Jan 1995. a. GATS, WTO b. WTO, GATT c. GATT, WTOd. IMF, GATT
Last Answer : GATT, WTO
Description : Which is the right sequence of stages of Internationalization? a. Domestic, Transnational, Global, International, Multinational b. Domestic, International, Multinational, Global, Transnational ... , International, Transnational, Global d. Domestic, International, Transnational, Multinational, Global
Last Answer : Domestic, International, Multinational, Global, Transnational
Description : The first phase of globalization started around 1870 and ended with _______. a. World War I b. World War II c. The Establishment of GATT d. In 1913 when GDP was high
Last Answer : World War I
Description : IBRD also known as _____. a. Exim Bank b. World Bank c. International Monetary fund d. International Bank
Last Answer : World Bank
Description : IBRD stands for _____. a. International Board for Research and Development b. International Bank for Reconstruction and Development c. International Bank for Research Development d. International Barrier For Reconstruction and Development
Last Answer : International Bank for Reconstruction and Development
Description : Buying and selling of products and services from firms in other countries is called A. importing and exporting B. regional alliances C. national alliances D. international alliances
Last Answer : importing and exporting
Description : All societal forces that affect values, actions and beliefs of different groups of people are altogether called A. expatriationB. repatriation C. culture D. economy
Last Answer : culture
Description : Dimension of culture in which masculine values prevail over feminism values is classified as A. masculinity ⁄ femininity B. power distance C. orientation distance D. none of above
Last Answer : masculinity ⁄ femininity
Description : Dimension of culture which defines extent of people how they act as individuals instead of representing as groups is classified as A. orientation distance B. power distance C. individualism D. certainty avoidance
Last Answer : individualism
Description : Concept which defines inequality among nation explained in cultural dimension is classified as A. power distance B. orientation distance C. expatriation distance D. repatriation distance
Last Answer : . power distance
Description : Kind of organization which have integrated worldwide corporate units in different countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise
Last Answer : global enterprise
Description : If employee is citizen of India, working in U.S and employed by company whose headquarters are in Japan then employee is classified as A. third country nationals B. third world employees C. expatriates D. host country nationals
Last Answer : third country nationals
Description : Global assignments in which employees are sent for strategic jobs having intercultural understanding are classified as A. development assignments B. non development assignments C. strategic assignments D. managerial assignments
Last Answer : strategic assignments
Description : Classification of international employees include A. expatriates B. host country nationals C. third country nationals D. all of the above