Description : Social class who rely on relatives for assistance in trouble times and economic support considered asA. upper middles B. working class C. middle class D. upper uppers
Last Answer : working class
Description : As a part of WTO guidelines, Agreement on Agriculture (AOA) doesn't consider A. Direct payments to farmers are permitted. B. Indirect assistance and support to farmers including R & D support by govt. are ... and trade have to be cut back. D. Least developed countries do not need to make any cuts.
Last Answer : Indirect assistance and support to farmers including R & D support by govt. are not permitted.
Description : Markets in which market offerings are bought from sellers for reselling purpose are known AsA. business markets B. reseller markets C. government markets D. international markets
Last Answer : reseller markets
Description : According to brand personality traits, 'sophistication' is concluded as brand being A. reliable and intelligent B. daring and imaginative C. cheerful and wholesome98 D. charming and upper class
Last Answer : charming and upper class
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 : What one of the following is not the advantage of MNCs to the host country? A. Increase in social activities B. increase in economic activities C. Utilization of natural resource D. R&D efforts enhanced.
Last Answer : Increase in social activities
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 : Cultural factors must include A. beliefs and attitudes B. social class C. occupation D. roles and status
Last Answer : social class
Description : Personal factors include A. online communities B. social class C. personality and self-concept D. roles and status
Last Answer : personality and self-concept
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 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 : In macro environment, 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment
Last Answer : the political environment
Description : In terms of the PESTLE analysis, the liberalizing of international trade and tariff regimes could go in which section or sections? A. Political B. Legal C. Political and economic and legal D. Political and environmental
Last Answer : Political and environmental
Last Answer : . A and B
Description : A Most Favored nation status doesn’t necessarily refers to A. Same and equal economic treatment B. Non-discriminatory treatment C. Same tariff rates applicable D. Uniform civil code
Last Answer : Uniform civil code
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 : 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 : According to Heckscher and Ohlin theory, what is considered in international Business? A. Difference in factor endowments B. Difference in markets C. Difference in technology D. Difference in ideology
Last Answer : Difference in factor endowments
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 : Different cultures sometimes vary in their attitudes to time. In cultures where people follow event time: A. It is important to turn up for meetings on time. B. Much time is devoted to having a chat ... running over time, people do not wait for it to finish before moving on to the next event.
Last Answer : Much time is devoted to having a chat over a coffee during the working day.
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.
Description : The principal-agent problem is concerned with: A. Procurement B. Appropriation of shareholders' investment by a firm's managers C. How to control a firm's distributors and dealers D. Corporate social responsibility
Last Answer : Corporate social responsibility
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 : 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 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 : 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.