Global Business Management
Exam Questions
Course Introduction
Global Business Management explores the strategies, operations, and challenges that organizations face when conducting business across international borders. This course examines key concepts such as globalization, international market entry, cross-cultural communication, global supply chain management, and multinational financial management. Students will analyze real-world case studies to understand how global economic, political, and legal environments influence business decisions and strategies. Emphasis is placed on developing skills needed to manage diverse teams and adapt to dynamic global markets, preparing students to succeed in the increasingly interconnected world of international business.
Recommended Textbook
International Management Managing Text and Cases 8th Edition by Helen Deresky
Available Study Resources on Quizplus
11 Chapters
1078 Verified Questions
1078 Flashcards
Source URL: https://quizplus.com/study-set/390
Page 2
Chapter 1: Assessing the Environment: Political, Economic,
Legal, Technological
Available Study Resources on Quizplus for this Chatper
84 Verified Questions
84 Flashcards
Source URL: https://quizplus.com/quiz/6797
Sample Questions
Q1) Robert is a technology officer in an Umerian firm and he manages the firm's operations at its facility in Elador.Robert is considering the idea of installing new technology in the facility that would significantly improve productivity and reduce labor costs.Which of the following undermines the argument that Robert should install the new technology?
A) Elador's government leaders encourage firms to install the most modern machinery available.
B) The high school graduation rate in Elador is higher than in neighboring countries.
C) Elador is currently experiencing a very high rate of unemployment.
D) The firm's competitors recently installed the same technology.
Answer: C
Q2) Past court decisions serve as precedents to the interpretation of the law under
A) civil law
B) common law
C) theocratic law
D) contract law
Answer: B
To view all questions and flashcards with answers, click on the resource link above. Page 3
Chapter 2: Managing Interdependence, Social Responsibility, and Ethics
Available Study Resources on Quizplus for this Chatper
89 Verified Questions
89 Flashcards
Source URL: https://quizplus.com/quiz/6800
Sample Questions
Q1) The difference between social responsibility and ethical behavior is a matter of scope and degree.
A)True
B)False
Answer: True
Q2) Which of the following concepts requires that an industrial system be viewed not in isolation from its surrounding systems,but in concert with them?
A) industrial ecology
B) industrial engineering
C) ecological succession
D) ecological shadow
Answer: A
Q3) The biggest single problem for MNCs in their attempt to define a corporate-wide ethical posture is the great variation of ethical standards around the world.
A)True
B)False
Answer: True
To view all questions and flashcards with answers, click on the resource link above.
Page 4
Chapter 3: Understanding the Role of Culture
Available Study Resources on Quizplus for this Chatper
100 Verified Questions
100 Flashcards
Source URL: https://quizplus.com/quiz/6801
Sample Questions
Q1) In which of the following societies are people more likely to pass on inside information to a friend?
A) particularistic
B) universalistic
C) neutral
D) affective
Answer: A
Q2) What is the Confucian work dynamism? What does it reveal about Asian managers?
Answer: Hofstede developed a fifth cultural dimension called the Confucian work dynamism,which he labeled a long-term/short-term dimension.He defined long-term orientation as "the extent to which a culture programs its members to accept delayed gratification of their material,social,and emotional needs." In other words,since managers in most Asian countries are more future-oriented,they stride toward long-term goals; they value investment in the future and are prepared to sacrifice short-term profits.
Q3) Humane orientation measures the extent to which a society takes part in self-enhancement.
A)True
B)False
Answer: False
To view all questions and flashcards with answers, click on the resource link above. Page 5
Chapter 4: Communicating Across Cultures
Available Study Resources on Quizplus for this Chatper
107 Verified Questions
107 Flashcards
Source URL: https://quizplus.com/quiz/6802
Sample Questions
Q1) The executives from Carlo Foods,U.S.,are in Japan to negotiate with Jeong,the head of a local investment firm.While Jeong listens to their plans,he realizes that there are considerable amounts of calculation errors in the market statistics involved in the plan.He starts showing signs of impatience and folds his hands,with a frown on his face.The executives realize that something is wrong and are confused about it.Jeong most likely belongs to a ________.
A) low-contact culture
B) high-context culture
C) high power-distance culture
D) polychronic culture
Q2) Al Razim,a construction engineer,recently travelled to Germany in order to find investors for his real-estate project.While he finally succeeded in getting an investor,he was surprised by the explicitness of the Germans.Sometimes all he got was a direct "No." This is because Germans are a ________ culture.
A) polychronic
B) high-context
C) low-context
D) high-contact
Q3) How do cultural differences affect the way firms conduct e-commerce?
To view all questions and flashcards with answers, click on the resource link above.
Page 6
Chapter 5: Cross-Cultural Negotiation and Decision Making
Available Study Resources on Quizplus for this Chatper
100 Verified Questions
100 Flashcards
Source URL: https://quizplus.com/quiz/6803
Sample Questions
Q1) Risk tolerance is one of the cultural variables that greatly affects the decision-making process.
A)True
B)False
Q2) Which aspect of the negotiation process will most likely occur on a continuous basis?
A) persuasion
B) relationship building
C) preparation
D) concessions and agreement
Q3) ________ are based on what North Americans believe is objective information,presented with the assumption that it is understood by the other side on a logical basis.
A) Factual appeals
B) Affective appeals
C) Axiomatic appeals
D) Nonverbal messages
Q4) What is projective cognitive similarity? How do successful negotiators avoid projective cognitive similarity?
Q5) How does nonverbal communication affect the negotiation process?
Page 7
To view all questions and flashcards with answers, click on the resource link above.
Chapter 6: Formulating Strategy
Available Study Resources on Quizplus for this Chatper
100 Verified Questions
100 Flashcards
Source URL: https://quizplus.com/quiz/6804
Sample Questions
Q1) Operations in foreign countries frequently start as a response to customer demands.
A)True
B)False
Q2) Which of the following is a way in which formal institutions affect international competition?
A) decreasing trade restrictions
B) enforcing organizational laws
C) enforcing antidumping laws
D) enforcing strict exit barriers
Q3) An internal analysis focuses on the company's ________.
A) vision and mission
B) market share
C) competitors
D) resources and operations
Q4) Environmental scanning should be conducted on the national level exclusively.
A)True
B)False
Q5) Describe the various sources of information that are available to managers.
Q6) List the seven steps in the strategic management process.
Page 8
To view all questions and flashcards with answers, click on the resource link above.
Chapter 7: Global Alliances and Strategy Implementation
Available Study Resources on Quizplus for this Chatper
98 Verified Questions
98 Flashcards
Source URL: https://quizplus.com/quiz/6805
Sample Questions
Q1) Which of the following is a strategic implementation used by McDonald's?
A) keeping prices low to build market share
B) altering menu items significantly to match cultural norms
C) using American managers to run international franchises
D) forming joint ventures with foreign restaurants to enter new markets
Q2) Which of the following is NOT a typical reason for forming cross-border alliances?
A) to avoid import barriers
B) to share R&D costs and risks
C) to gain access to specific markets
D) to test marketing campaigns overseas
Q3) Agreements are carried out through contract rather than ownership sharing in an international joint venture.
A)True
B)False
Q4) What are some of the complexities of managing and implementing a global alliance? How can e-commerce enablers assist the process?
Q5) Why should a company seek a global alliance over other forms of market entry?
Q6) Describe the process of knowledge management in international joint ventures.
Q7) What is international joint venture control? Why is it important?
Page 9
To view all questions and flashcards with answers, click on the resource link above.
Chapter 8: Organization Structure and Control Systems
Available Study Resources on Quizplus for this Chatper
100 Verified Questions
100 Flashcards
Source URL: https://quizplus.com/quiz/6806
Sample Questions
Q1) Why are global companies increasingly abandoning rigid structures? How are they adapting to the changing global environment?
Q2) ________ refers to the ability to manage across national boundaries,retaining local flexibility while achieving global integration.
A) Positioning
B) Globalization
C) Transnational capability
D) Filtering capability
Q3) Managers choose the manufacturing location for each product based on where the best combination of cost,quality,and technology can be attained in order to achieve
A) customer loyalty
B) integration
C) segregation
D) rationalization
Q4) Organizing to facilitate a globalization strategy does not involve rationalization.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above.
Page 10
Chapter 9: Staffing,Training,and Compensation for Global Operations
Available Study Resources on Quizplus for this Chatper
100 Verified Questions
100 Flashcards
Source URL: https://quizplus.com/quiz/6807
Sample Questions
Q1) Given the generally accepted consensus that staffing,along with structure and systems,must "fit" the desired strategy,firms desiring a truly worldwide posture should adopt a(n)________.
A) global staffing approach
B) geocentric staffing approach
C) regiocentric staffing approach
D) ethnocentric staffing approach
Q2) A global staffing policy ________.
A) avoids recruiting third-country nationals
B) relies primarily on local managers to fill key managerial positions abroad
C) is overly in favor of filling key managerial positions with people from headquarters
D) provides a greater pool of qualified and willing applicants from which to choose
Q3) Host-country nationals are employees assigned to key positions in countries other than their own.
A)True
B)False
Q4) What are the different stages of culture shock as described by Oberg?
Q5) What are the major causes of expatriate failure?
To view all questions and flashcards with answers, click on the resource link above. Page 11
Chapter 10: Developing a Global Management Cadre
Available Study Resources on Quizplus for this Chatper
100 Verified Questions
100 Flashcards
Source URL: https://quizplus.com/quiz/6798
Sample Questions
Q1) IHR managers are not responsible for developing effective global management teams.
A)True
B)False
Q2) The traditional trade union structures in Western industrialized societies have been in ________,representing all grades of employees in a specific industry.
A) craft unions
B) general unions
C) industrial unions
D) conglomerate unions
Q3) Define labor relations.What are the three main dimensions of the labor-management relationship that a global manager needs to consider?
Q4) As women continue to move up the corporate ladder,the accompanying spouse is often male--estimated at more than ________ percent.
A) 85
B) 5
C) 25
D) 50
To view all questions and flashcards with answers, click on the resource link above.
Page 12
Chapter 11: Motivating and Leading
Available Study Resources on Quizplus for this Chatper
100 Verified Questions
100 Flashcards
Source URL: https://quizplus.com/quiz/6799
Sample Questions
Q1) Briefly describe Laurent's research pertaining to managerial authority versus participation.
Q2) In which of the following countries is a merit-based reward system most likely be effective?
A) South Korea
B) Taiwan
C) Japan
D) the United States
Q3) Increasingly,global companies are requiring that their managers who will progress to top management positions must ________.
A) adopt an ethnocentric approach to management
B) have overseas assignment experience
C) adhere to an autocratic style of leadership
D) refrain from empowering subordinates
Q4) Which of the following is a negatively regarded trait of a leader?
A) effective bargainer
B) dictatorial
C) participative
D) autonomous
Q5) Briefly describe the impact of e-business on leadership.
Page 13
To view all questions and flashcards with answers, click on the resource link above.