Multiple Choice
Identify the choice that best completes the
statement or answers the question.
|
|
|
1.
|
A country’s physical facilities that support economic activities make up
its:
a. | infrastructure | b. | resource markets | c. | product
markets | d. | natural resources | e. | economic
supports |
|
|
|
2.
|
If an enterprise would work best in a country that values a tightly knit social
framework in which individuals look after one another, a society that endorses values of _____ would
be preferable.
a. | societal collectivism | b. | individual collectivism | c. | high power
distance | d. | low uncertainty avoidance | e. | socialism |
|
|
|
3.
|
One of the primary concerns that opponents to globalization have is:
a. | the way it creates wealth in countries that have low per capita
income | b. | the companies export jobs to countries that have lower wages | c. | inadequate
infrastructures | d. | the expense associated with market-entry strategies | e. | high exchange
rates |
|
|
|
4.
|
The four stages of globalization include:
a. | Regional, provincial, continental, international | b. | Provincial,
national, international, global | c. | Domestic, international, multinational,
global | d. | Domestic, national, global, world-wide | e. | National, international, regional,
continental |
|
|
|
5.
|
Legal-political key factors in the international environment include:
a. | Changing laws, changing governments, and exchange rates | b. | Changing
governments, economic prosperity, and new restrictions | c. | Taxes, infrastructure, and
quotas | d. | Taxes, laws, and social norms | e. | Taxes, terrorism, and political
instability |
|
|
|
6.
|
Sociocultural key factors in the international environment include:
a. | Religion, kinship patterns, and formal education | b. | Recreation, buying
patterns, and formality of social engagements | c. | Record keeping, formal education, and
transportation facilities | d. | Funding sources, religion, and political
stability | e. | Taxes, religion, and time orientation |
|
|
|
7.
|
A country which is high in uncertainty avoidance will likely focus on:
a. | personal relationships to facilitate business transactions | b. | strict time
control | c. | business without formal contracts | d. | no fixed schedule for delivery of
goods | e. | in-cash payment methods |
|
|
|
8.
|
The concept of individualism stresses that you should:
a. | put the company before yourself | b. | always support your boss | c. | care about
others | d. | be able to take care of yourself | e. | make sure your co-workers learn along with
you |
|
|
|
9.
|
A society with a long-term orientation focuses on:
a. | taking frequent breaks while working | b. | saving money while socializing
frequently | c. | play before work | d. | social obligations | e. | working hard and
saving money |
|
|
|
10.
|
A society with a short-term orientation focuses on:
a. | planning for the next 25 years | b. | saving money for the future | c. | social
obligations | d. | social cliques at work | e. | working hard and saving
money |
|
|
|
11.
|
Some of the GLOBE Project value dimensions include:
a. | planning, organizing, leading, controlling | b. | planning,
organizing, uncertainty avoidance, gender differentiation | c. | leading,
controlling, uncertainty avoidance, gender differentiation | d. | assertiveness,
future orientation, social pressures, individual collectivism | e. | assertiveness,
future orientation, uncertainty avoidance, gender differentiation |
|
|
|
12.
|
The European Union (EU) was formed in:
a. | 1937 | b. | 1947 | c. | 1957 | d. | 1967 | e. | 1977 |
|
|
|
13.
|
What is the “Euro”?
a. | A car introduced in Europe in 2000 | b. | A popular soft drink only sold in
Europe | c. | A chain of restaurants all across Europe | d. | A single currency
that replaced the currencies of 12 European nations | e. | A train running across Europe at speeds of over
225Km/hour |
|
|
|
14.
|
In what year was the Euro introduced?
a. | 1985 | b. | 1990 | c. | 1995 | d. | 2002 | e. | 2005 |
|
|
|
15.
|
Which of the following is NOT an example of culture shock?
a. | Not understanding how to relate to your work colleagues while working
abroad | b. | Not knowing who to socialize with from your international
workplace | c. | Feeling lonely while working abroad | d. | Experiencing stress over a period of several
months while working abroad | e. | Having to ask where to exchange money into
local currency |
|