International Business Environment
Chapter Exam Questions
Course Introduction
The International Business Environment course explores the complex and dynamic factors that influence business operations across national borders. Students will examine the economic, political, legal, technological, and cultural environments that shape international trade and investment decisions. The course delves into the challenges and opportunities faced by organizations in global markets, including issues such as globalization, foreign direct investment, trade policies, and emerging market economies. Through case studies and real-world examples, students will develop a comprehensive understanding of how multinational enterprises adapt their strategies to thrive in a rapidly changing international landscape.
Recommended Textbook
International Management Culture Strategy and Behavior 9th Edition by Fred Luthans
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Page 2
Chapter 1: Globalization and International Linkages
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Q1) A _____ exists when private enterprise reserves the right to own property and monitor the production and distribution of goods and services while the state simply supports competition and efficient practices.
A)Command economy
B)Market economy
C)Mixed economy
D)Socialist economy
Answer: B
Q2) A survey (reported in our textbook) of businesspeople from Argentina, Brazil, Chile, Columbia, and Venezuela found that the _____ market, on average, was more important to their economic well-being than any other.
A)Mexican
B)Japanese
C)U.S.
D)European Union
Answer: C
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Chapter 2: The Political, Legal, and Technological Environment
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Sample Questions
Q1) Trade agreements do not require that trade benefits accorded to one nation be extended to other nations that are party to that agreement.
A)True
B)False
Answer: False
Q2) Identify the correct statement on cellular infrastructure.
A)It is expensive to install
B)It is quick and relatively inexpensive to install
C)It is relatively inexpensive to install but takes time
D)It cannot be installed easily and cheaply in rural areas
Answer: B
Q3) The domestic and international political environment has a major impact on multinational corporations.
A)True
B)False
Answer: True
Q4) Embedded learning technology will allow thinking to occur in machines.
A)True
B)False
Answer: True
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Chapter 3: Ethics, Social Responsibility, and Sustainability
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Sample Questions
Q1) Which of the following views the individual as part of, rather than separate from, nature?
A)Aristotelian virtue ethics
B)Utilitarianism
C)Kantian philosophical traditions
D)Eastern philosophy
Answer: D
Q2) As a way to prevent the shifting of corrupt practices to suppliers and intermediaries, the _____ standard was developed.
A)OAS
B)FCPA
C)TRACE
D)OECD
Answer: C
Q3) Worker safety in Chinese, Bangalore, and Bangladesh factories is a major ethical concern for MNCs whose products are produced in those countries.
A)True
B)False
Answer: True
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Page 5
Chapter 4: The Meanings and Dimensions of Culture
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Q1) _____ is "the extent to which people feel threatened by ambiguous situations and have created beliefs and institutions that try to avoid these."
A)Power distance
B)Uncertainty avoidance
C)Individualism versus collectivism
D)Masculinity versus femininity
Q2) While stereotypes and overgeneralizations should be avoided, there are always individual differences and even subcultures within every country that must be addressed.
A)True
B)False
Q3) Cultures with low _____ have people who are more willing to accept that risks are associated with the unknown and that life must go on in spite of this.
A)Individualism versus collectivism
B)Power distance
C)Uncertainty avoidance
D)Masculinity versus femininity
Q4) Discuss Hofstede's Cultural Dimensions.
Q5) What is GLOBE? Discuss its cultural dimensions.
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Chapter 5: Managing Across Cultures
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Q1) Describe the differences between the four strategic dispositions.What is the principle advantage of each disposition?
Q2) In America, authority is diffused throughout the bureaucratic system and personal responsibility is hard to pin down.
A)True
B)False
Q3) Which of the following selections accurately reflects labor relations in Germany?
A)Treat unions as partners; allow time for negotiations
B)Tap large pool of labor cities; lax labor laws may become more stringent
C)Be prepared for high wages and short work week; expect high productivity from unionized workers
D)Understand changing German labor law; prepare for increasing unionization of labor
Q4) In some cases, both the product and the marketing message are similar worldwide; this is particularly true for high-end products.
A)True
B)False
Q5) What guidelines should MNCs must be aware of while doing business in China?
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7
Chapter 6: Organizational Cultures and Diversity
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Q1) _____ is a pattern of basic assumptions that are developed by a group as it learns to cope with problems of external adaptation and internal integration and that are taught to new members as the correct way to perceive, think, and feel in relation to these problems.
A)Organizational culture
B)Organizational learning
C)Organizational change
D)Organizational structure
Q2) _____ culture is characterized by a strong emphasis on the hierarchy and orientation to the task.
A)Incubator
B)Family
C)Guided missile
D)Eiffel Tower
Q3) _____ culture is a project-oriented culture.
A)Family
B)Eiffel Tower
C)Guided missile
D)Incubator
Q4) What is organizational culture and what are some of its major characteristics?
Page 8
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Chapter 7: Cross-Cultural and Negotiation
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Q1) Messages are implicit and often highly coded in:
A)Low-context societies
B)Moderate-context societies
C)High-context societies
D)Variable-context societies
Q2) Which style of communication focuses on precision and the use of the right amount of words to convey the message?
A)Coarse
B)Succinct
C)Elaborate
D)Exacting
Q3) _____ distance is used when calling across the room or giving a talk to a group.
A)Personal
B)Public
C)Intimate
D)Social
Q4) Timing and pauses within verbal behavior are one of the many common forms of nonverbal communication.
A)True
B)False
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Chapter 8: Strategy Formulation and Implementation
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Q1) Identify the four basic strategies that MNCs use and the situations in which they are used.
Q2) Profitability and marketing goals almost always dominate the strategic plans of today's multinational corporations.
A)True
B)False
Q3) All of the following are features of a "born-global" firm except:
A)They export products to close markets
B)They employ strategies like unique-products development
C)They indulge in significant international activity a short time after being established
D)Their success greatly depends on how developed the area is that the company is moving into
Q4) According to the text, strategic planning helps MNCs to do all of the following except:
A)Coordinate and monitor its far-flung operations
B)Deal with political risks
C)Determine performance
D)Get higher profitability
Q5) What is the "BOP" and why is this strategy challenging to implement?
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Chapter 9: Entry Strategies and Organizational Structures
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Q1) Which of the following provides the most benefits when the need for product specification or differentiation is high?
A)International division
B)Global product division
C)Global area division
D)Global functional division
Q2) An advantage of the global area division structure is that it allows the division manager to cater to the tastes of the local market and make rapid decisions to accommodate environmental changes.
A)True
B)False
Q3) Centralization is a management system in which important decisions are made at the top.
A)True
B)False
Q4) Specialization is the use of defined structures and systems in decision-making, communicating and controlling.
A)True
B)False
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Chapter 10: Managing Political Risk, Government Relations, and Alliances
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Q1) Foreign ownership limitations, pressure for local participation, confiscation, expropriation, and abrogation of property rights are examples of:
A)Transfer risks
B)Functional risks
C)Ownership-control risks
D)Tactical risks
Q2) Over the past two decades, political risk has become:
A)An area closely watched by developing countries, but virtually ignored by developed countries
B)A vital area for MNCs to manage
C)A much less pervasive and minor threat facing international management
D)Virtually obsolete for international firms as a result of controls imposed by the UNO
Q3) Which of the following is not a critical business issue for successful termination of international alliances?
A)The basic decision to exit
B)People-related issues
C)Rights over sales territories and obligations to customers
D)Relations with the host government
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Chapter 11: Management Decision and Control
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Q1) General Motors' decision to close some of its U.S.factories and to establish production operations on a worldwide basis is a strategic move aiming to:
A)Reduce costs
B)Increase quality
C)Attack competition
D)Diversify risks
Q2) A company is likely to ________ decision-making processes when there are important brand names or patent rights involved as it wants to create as much protection as possible.
A)Decentralize
B)Delay
C)Centralize
D)Delegate
Q3) An assessment center is an evaluation tool that is used to evaluate employees.
A)True
B)False
Q4) As a TQM technique, rewards and recognition tend to be effective universally.
A)True
B)False
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Chapter 12: Motivation Across Cultures
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Q1) Content theories of work motivation include all of the following except the ______ theory.
A)Hierarchy-of-needs
B)Two-factor motivation
C)Achievement motivation
D)Equity
Q2) What are the basic assumptions on which the hierarchy-of-needs theory rests?
Q3) High achievers tend to be high-risk takers.
A)True
B)False
Q4) The theory that focuses on how individuals go about setting goals and responding to them and the overall impact of this process on motivation is:
A)Equity theory
B)Motivation theory
C)Expectancy theory
D)Goal-setting theory
Q5) The Japanese word for overwork or job burnout is Karoshi.
A)True
B)False
Q6) What are the differences between job context factors and job content factors?
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Chapter 13: Leadership Across Cultures
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Q1) As a general statement, most evidence indicates that European managers tend to use this approach to leadership.
A)Paternalistic
B)Participative
C)Autocratic
D)Authoritarian
Q2) This type of leadership behavior has been shown to have a positive impact on employees' attitudes in collectivistic cultures because the care, support, and protection provided by these leaders may address employees' need for frequent contact and close personal relationships.
A)Participative
B)Paternalistic
C)Authoritarian
D)Autocratic
Q3) A Theory Y manager believes that under proper conditions, the average human being learns not only to accept but also to seek responsibility.
A)True
B)False
Q4) What are the different types of leadership styles?
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Chapter 14: Human Resource Selection and Development
Across Cultures
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Q1) An individual from a host-country or a third-country national who is assigned to work in the home country is a(n):
A)Expatriate
B)Multipatriate
C)Inpatriate
D)Quasi-patriate
Q2) Factors used to choose personnel for international assignments are referred to as:
A)Global placement criteria
B)International selection criteria
C)Global selection heuristics
D)International recruitment and selection heuristics
Q3) This type of MNC seeks to integrate diverse regions of the world through a global approach to decision making.
A)Polycentric
B)Ethnocentric
C)Geocentric
D)Unicentric
Q4) What is a cultural assimilator? What do cultural assimilators try to accomplish?
Page 16
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