Description : …………is application of knowledge which redefine the boundaries of global business A. Cultural Values B. Society C. Technology D. Economy
Last Answer : C. Technology
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
Last Answer : . A and B
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 : 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 : 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 : 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 : 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 : 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 : _____________ 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 : 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 : 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 : 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 : 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 : When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local
Last Answer : Transnational
Description : In a global market place A. the entire world is a market place87 B. national borders are irrelevant C. the potential for organizations to grow expands dramatically D. All of the above
Last Answer : All of 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 refers to: A. A more integrated and interdependent world B. Less foreign trade and investment C. Global warming D. Lower incomes worldwide
Last Answer : . A more integrated and interdependent world
Description : Type of organization which has operating units in some foreign countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise
Last Answer : multinational enterprise
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 : 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 : 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 : 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 : 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 : 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.
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 : 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 : 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 : Currency crises.
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 : Previously, when a high-technology project was undertaken by a firm, it would start its journey through firm in A. Manufacturing department B. Functional department C. Execution Department D. R & D department
Last Answer : R & D department
Description : Which of the following is not true of changes in a firm's technological environment? A. New technology allows for new ways of communicating with a firm's customers. B. New technology always ... allow new goods and. services to be developed. D. New technology lowers the production learning curve.
Last Answer : New technology always leads to benefits for firms.
Description : Which of the following terms refers to Leininger's description of the learned and transmitted knowledge about values, beliefs, rules of behavior, and lifestyle practices that guide a ... transmitted characteristics. d) Subculture Subculture refers to a group that functions within a culture.
Last Answer : a) Culture Leininger was the founder of the specialty called transcultural nursing and advocated culturally competent nursing care.
Description : A global consumer culture means that: a) cultural traditions and values are converging around the world. b) consumers are becoming very similar around the world. c) there is a world-wide demand for the same global brands. d) national cultures are disappearing around the world.
Last Answer : there is a world-wide demand for the same global brands
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 : 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 : Knowledge which is difficult to define and codify is known as: A. Explicit B. Tangible C. Tacit D. Random
Last Answer : Explicit
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 : In contemporary society global styles are given a unique local flavour. Explain the concept of cultural hybridisation with examples.
Last Answer : In contemporary society global styles are given a unique local flavour. Explain the concept of cultural hybridisation with examples.
Description : In our present society, where values are deteriorating, the excellent education will be which (a) Enables one to earn in an easy manner (b) Exaggerates the competition in the society. (c) Works for re-establishment of human and cultural values. (d) Decelerates the social-change in the society
Last Answer : c) Works for re-establishment of human and cultural values.