Description : 'Influence' is defined as the ability to ____________ someone to something they would not otherwise have done. A. Intimidate B. Force C. Order D. Persuade
Last Answer : Intimidate
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 : Holistic approach of total organization needs allows projects to be staffed and scheduled in order to A. Replace System Performance B. Minimize System Performance C. Maximize System Performance D. Optimize System Performance
Last Answer : Optimize System Performance
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 : Professional culture refers to A. Shared belief of top managers about how they should manage about themselves and their employees B. Shared code of ethics and other commonalities shared by members of a give group C. Both (a) and (c) D. None of the above
Last Answer : Shared code of ethics and other commonalities shared by members of a give group
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 : According to Porter, if an organization does not follow either a cost leadership strategy or a differentiation strategy they are: A. Hybrid B. Stuck in the middle C. Typical D. No frills
Last Answer : Stuck in the middle
Description : Terms of trade of developing countries are generally favourable because A. They export primary goods B. They import value added goods C. They export few goods D. Both (a) and (b)
Last Answer : Both (a) and (b)
Description : Firm that operate internationally are able to A. earn a greater return from their skills and core competencies B. realize location economies where they can be performed most efficiently C. realize greater experience curve economies, which reduces the cost of production D. All the above
Last Answer : All the above
Description : With the globalization of markets, the tastes and preferences of consumers world-wide are: A. Becoming similar to the tastes and preferences of American consumers. B. Converging ... by international organizations. D. Being encouraged by multinational organizations to become increasingly similar.
Last Answer : Converging upon a global norm.
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 : What is defined as “the ability to influence and align others towards a common purpose”? a. Teamwork. b. Motivation. c. Management. d. Leadership.
Last Answer : d. Leadership.
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 : 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 : 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 : 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
Description : The corporate governance structure of a company reflects the individual companies’ A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.
Last Answer : All of the above.
Description : The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personalIntegrity to society. B. Change the ... standards by which corporate professionals must operate. D. Increase the workload for accounting students.
Last Answer : Create more ethics standards by which corporate professionals must operate.
Description : The primary stakeholders are: A. Customers. B. Suppliers. C. Shareholders. D. Creditors.
Last Answer : Shareholders.
Description : It was recognized in the 1990s that physical assets are not the only thing that needs to be included in the valuation of a firm. In Europe, firms also included a supplement detailing the: A. Goodwill B. Intellectual capital C. Brand reputation D. Knowledge
Last Answer : Intellectual capital
Description : The following is not considered as an acceptable motivation for foreign assignments: A. Desire for adventure. B. Desire to increase chances of promotion.106 C. Escape from boredom of present assignment. D. Desire for luxry
Last Answer : Escape from boredom of present assignment.
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 : 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.
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
Description : Nonverbal communication: A. Includes written communication B. Has no place in international business. C. Include body languages D. Should be learnt by business managers to communicate with foreigners.
Last Answer : Include body languages
Description : The corporate culture of a firm is more effectively carried to the managers who are A. Host country nationals B. Home country nationals C. Third country nationals D. None of the above
Last Answer : Home country nationals
Description : Specific cultural dimensions that does not have a significant impact on cross national business interactions is A. Hofstede’s five cultural dimensions B. Monochromatic vs polychromatic tune C. CommunicationD. Geography
Last Answer : Geography
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 : Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.
Last Answer : Cheap International transport.
Last Answer : More orderly competition.
Description : According to the textbook, the most valuable framework to help managers better understand differences between national cultures was developed by ______________. A. Milton FriedmanB. Michael Porter C. Geert Hofstede D. Abraham Maslow
Last Answer : Geert Hofstede
Description : The reason that a nation's cultural differences are the most difficult to gain information about is because __________________. A. people tend to be sensitive about their own culture B. providing ... issue D. natives are least capable of explaining the unique characteristics of their own culture
Last Answer : “natives” are least capable of explaining the unique characteristics of their own culture
Description : Which of the following is not a feature of a transnational corporation? A. Decision making takes place at the local level. B. Nationals are typically hired to run operations in each country. C. ... are tailored to each country's culture. D. Products are manufactured only in the local country.
Last Answer : Products are manufactured only in the local country.
Description : Hofstede found that some countries have a long-term orientation while others focus on the short term. His results mean that: A. US business would be happy to invest in nuclear power and space ... from ten-year investment projects. D. Indian business is impatient for a return on its investments.
Last Answer : British businesses prefer investments with a quick return.
Description : The social democratic welfare model holds that: A. Dialogue between the social partners is not worthwhile. B. Unemployment is best dealt with through market forces. C. High levels of public expenditure should be avoided. D. Governments should actively assist people in finding work.
Last Answer : Governments should actively assist people in finding work.