Inter Final

Front 1

This strategy is appropriate when the need for national responsiveness is low and the need for globalization integration is high.

Back 1

global

Front 2

A primary consideration for an MNC in investing in a foreign country would be a decision based on:

Back 2

Specific locale

Front 3

International management activities of entrepreneurial and new-venture firms have been made possible by all of the following except:

Back 3

Customized, old access channels

Front 4

Typically, MNCs utilizing this approach to strategic planning use a country-centered or multi-domestic strategy.

Back 4

Political imperative

Front 5

Once strategic goals are set, a MNC will develop specific _____ goals and controls, usually through a two-way process at the subsidiary or affiliate level.

Back 5

Operational

Front 6

A multinational firm's choice of a locale is affected by all of the following factors except:

Back 6

The number of market shares invested in their home country

Front 7

When the need for national responsiveness is low and the need for global integration is also low, which of the following strategies would be appropriate?

Back 7

International

Front 8

This approach to formulation and implementation is one in which the MNC makes strategic decisions based on the merits of the individual situation rather than using a predetermined economic or political strategy.

Back 8

Administrative coordination

Front 9

_____ attempts to provide management with accurate forecasts of trends that relate to external changes in geographic areas where the firm is currently doing business or considering setting up operations.

Back 9

Environmental scanning

Front 10

Which of the following is likely to be the most effective strategic approach for the "base of the pyramid"?

Back 10

Leapfrog technologies including disruptive technologies

Front 11

That division managers may pursue currently attractive geographic prospects for their products and neglect other areas with better long-term potential is a major drawback of the:

Back 11

Global product division structure

Front 12

The products sold by firms that adopt a global product division structure are generally in the _____ stage of the product life cycle.

Back 12

Growth

Front 13

A _____ is a business arrangement under which one party allows another to operate an enterprise using its trademark, logo, product line and methods of operation in return for a fee.

Back 13

Franchise

Front 14

Specialized operations are:

Back 14

Designed to tap specialized expertise or other resources in the company's worldwide subsidiaries

Front 15

The difficulty encountered in reconciling a product emphasis with a geographic orientation is the primary disadvantage of a(n):

Back 15

Global area division structure

Front 16

_____ is the use of defined structures and systems in decision-making, communicating and controlling.

Back 16

Formalization

Front 17

_____ is a management system in which important decisions are made at the top.

Back 17

Centralization

Front 18

A _____ is designed to help MNCs take advantage of global economies of scale while also being responsive to local customer demands.

Back 18

Correct Transnational network structure

Front 19

All of the following are advantages of the global functional division structure except:

Back 19

The chief executive officer is held accountable for the profits

Front 20

Companies still in the development stages of international business involvement are most likely to adopt the:

Back 20

International division structure

Front 21

_____ techniques are designed to discourage the host government from interfering in operations.

Back 21

Protective and defensive

Front 22

Political risks can be broken down into three basic categories. These are:

Back 22

Transfer risks, operational risks and ownership-control risks

Front 23

China's government policies regarding investment in the telecommunications industry fall into the _____ political risk category.

Back 23

Micro

Front 24

The following is not an external factor used by MNCs for evaluating political risks:

Back 24

Correct Anti-establishment movements

Front 25

_____ reviews major political decisions that are likely to affect all business conducted in a particular country.

Back 25

Macro political risk analysis

Front 26

According to the 2006 Transparency International Corruption Perceptions Index, which of the following is the least corrupt nation?

Back 26

Correct New Zealand

Front 27

All the following are motivations for firms to enter into international strategic alliances except:

Back 27

Stronger control over technologies and patents

Front 28

_____ techniques are designed to help the overseas operation become part of the host country's infrastructure.

Back 28

Integrative

Front 29

_____ risks result from government policies and procedures that directly constrain the management and performance of local operations.

Back 29

Operational

Front 30

_____ investments run the risk of being taken over by the host-country government because they are export-oriented and governments like a business that helps it to generate foreign capital.

Back 30

Vertical

Front 31

General Motor's decision to close some of its U.S. factories and to establish production operations on a worldwide basis is a strategic move aiming to:

Back 31

Correct Attack competition

Front 32

Which of the following is not a form of direct control?

Back 32

The use of financial ratios that provide insights into the unit's financial health

Front 33

Two common ways of looking at how MNCs control operations are:

Back 33

Determining whether the enterprise chooses to use internal or external control and by looking at the ways in which the organization uses direct and indirect controls

Front 34

According to the text, one of the primary areas where TQM is having a big impact is:

Back 34

Manufacturing

Front 35

Financial performance evaluation of a foreign subsidiary or affiliate usually is based on:

Back 35

Correct Profit and return on investment

Front 36

The process of choosing a course of action among alternative is referred to as:

Back 36

Correct Decision-making

Front 37

Which of the following factors encourages the use of centralized decision-making?

Back 37

Highly competitive environment

Front 38

A typical assessment center would involve simulation exercises that would include the following except:

Back 38

Correct Oral communications of a business plan

Front 39

International managers use a _____ to establish performance standards of operations.

Back 39

Control approach

Front 40

In comparing the control mechanisms used by U.S. and European firms, it has been found that U.S. firms make greater use of _____ control, while European firms rely more heavily on _____ control.

Back 40

Correct Output, behavioral

Front 41

Salary under Herzberg's theory is:

Back 41

Correct A hygiene factor

Front 42

Herzberg-type motivators are of more importance to job satisfaction in:

Back 42

Japan

Front 43

_____ is a psychological process through which unsatisfied wants or needs lead to drives that are aimed at goals or incentives.

Back 43

Motivation

Front 44

The needs for power and status come under:

Back 44

Correct Esteem needs

Front 45

The top-ranking goal for professional technical personnel from various countries is:

Back 45

Training

Front 46

In China _____ is an important need and _____ is a goal.

Back 46

Correct Group affiliation; harmony

Front 47

Work-motivation in terms of what arouses, energizes or initiates employee behavior are explained by:

Back 47

Content theories

Front 48

_____ designs are job designs that blend personnel and technology.

Back 48

Sociotechnical

Front 49

Which of the following needs is correctly matched with its description?

Back 49

Safety needs - the desire for security, stability and the absence of pain

Front 50

The theory that focuses on how motivation is affected by people's perception of how fairly they are being treated is the:

Back 50

Equity theory

Front 51

U.S. managers believe that to motivate workers, it is necessary to satisfy their:

Back 51

Correct Higher-order needs

Front 52

Which of the following leaders clarifies what needs to be done and provides both psychic and material rewards to those who comply with his/her directives?

Back 52

Correct Contingent reward leader

Front 53

Positive organizational scholarship consists of the following subunits except:

Back 53

Followers

Front 54

This leader avoids intervening or accepting responsibility for follower actions.

Back 54

Correct Laissez-faire leader

Front 55

The process of influencing people to direct their efforts toward the achievement of some particular goal is referred to as:

Back 55

Correct Leadership

Front 56

According to this theory, a great deal of creative potential basically goes untapped and if these abilities can be tapped, workers will provide much higher quantity and quality of output.

Back 56

Theory Y

Front 57

Authoritarian leadership has all of the following characteristics except:

Back 57

It is widely used by Theory Y managers

Front 58

These leaders expect everyone to work hard; in turn, the employees will be guaranteed employment and given security benefits such as medical and retirement programs.

Back 58

Paternalistic

Front 59

Which of the following leaders has explored how the individual ability of an executive works to inspire and motivate his/her subordinates?

Back 59

Charismatic

Front 60

The philosophical assumptions of both the Chinese and the Russian managers help dictate the leadership approach that they use. The assumptions are most easily seen in the:

Back 60

Correct Managers' behavior

Front 61

Home-country nationals are frequently called _____, which refers to those who live and work away from their home country.

Back 61

Expatriates

Front 62

In general, some evidence suggests that testing is:

Back 62

Correct Not extremely popular among MNCs

Front 63

The adjustment model of the selection procedure for international assignments would include:

Back 63

Training and previous experience

Front 64

Which of the following statements about third-country nationals is false?

Back 64

During periods of rapid expansion, TCNs can substitute for expatriates in well-established operations

Front 65

Factors used to choose personnel for international assignments are referred to as:

Back 65

Correct International selection criteria

Front 66

The return to one's home country from an overseas management assignment is referred to as:

Back 66

Repatriation

Front 67

A(n) _____ is a programmed learning technique that is designed to expose members of one culture to some of the basic concepts, attitudes, role perceptions, customs and values of another.

Back 67

Correct Cultural assimilator

Front 68

A(n) _____ MNC puts home-office people in charge of key international management positions.

Back 68

Ethnocentric

Front 69

The most common elements in the typical expatriate compensation package include:

Back 69

Correct Base salary, benefits, allowances, incentives and taxes

Front 70

This is common in many large MNCs where managers believe that the home office's approach to doing business can be exported intact to all other countries, because this approach is superior to anything at the local level.

Back 70

Ethnocentrism