Practice Questions Flashcards
Advanced communication systems have contributed to growth in international business by ________.
enabling better oversight of global operations
A multinational enterprise (MNE) is best defined as a firm ________.
with foreign direct investments
When a U.S. citizen flies Japan Airlines, the airline acts as a service exporter for Japan.
true
Because consumers want a greater variety of goods and services at lower prices, many governments have ________.
reduced their restrictions on the international movement of goods and services
Most of the world’s goods and services are sold ________.
in the countries where they are produced
Which of the following has NOT been a major force increasing globalization in recent decades?
decreasing prices of natural resources
Which of the following has MOST influenced consumers to demand access to foreign-made products?
Consumers have become more efficient in using media and technologies to compare prices worldwide.
Reebok pays a royalty to the German Soccer League to use the team’s logo on t-shirts that it sells. Reebok and the German Soccer League most likely have a
licensing agreement
In terms of international business, it is most accurate to say that ________.
most firms depend either on foreign markets and supplies or compete against companies that do
The widening set of interdependent relationships among people from different parts of the world is known as ________.
Globalization
People generally prefer little consultation between superiors and subordinates in cultures where ________ is high.
power distance
Expatriate managers located in cultures characterized by ________ have noticed that local employees are highly motivated by retirement programs.
high future orientation
When divergent cultures come in contact, ________ occurs.
Cultural Collision
Organizing work differently to improve productivity will likely fail ________.
if changes interfere with strongly held value systems
Which of the following is the MOST accurate statement about culture?
Although most cultural variables are universal, the forms these variables take differ from culture to culture.
It is most accurate to say that within most nations’ borders, people largely share such essential attributes as ________ and ________.
values; language
Ellen, a U.S. citizen, worked for a U.S. firm in Germany for four years and was transferred back to the firm’s home office in Chicago two months ago. Ellen feels significant dissatisfaction with her job and life in Chicago, which is most likely a result of ________.
reverse culture shock
The term “________ culture” describes a country in which the norm is a money-and-things orientation and a belief that it’s better to “live to work” than to “work to live.”
high masculinity
Safe work environments motivate ________; challenges motivate ________.
collectivists; individualists
________ consists of specific learned norms based on attitudes, values, and beliefs of a group of people.
culture
ION Software is the registered owner of a program designed to help sort and organize incoming and outgoing e-mail. Which of the following legal conventions does ION most likely have?
intellectual property right
Research indicates that democracy is declining around the world and that totalitarian regimes are increasing.
true
The pushback against democracy has powered a rise in totalitarianism, a situation that is likely to include which of the following?
increasing adoption of the principles of rule of man
Which of the following types of political risks often are caused by ethnic conflict or civil disorder and include those random political developments that adversely affect the operations of all companies in a country?
catastrophic political risk
