International Business
Mock Exam
Course Introduction
International Business explores the complexities and dynamics of conducting commercial transactions across national borders. This course examines the economic, cultural, legal, and political environments that influence global markets, and analyzes strategies for entering and operating in diverse international settings. Students will gain an understanding of international trade theories, foreign direct investment, global supply chains, cross-cultural communication, and the impact of globalization on business operations. Emphasis is placed on real-world cases, ethical considerations, and the development of skills necessary to navigate and succeed in the international business environment.
Recommended Textbook
International Management Culture Strategy and Behavior 9th Edition by Fred Luthans
Available Study Resources on Quizplus
14 Chapters
1060 Verified Questions
1060 Flashcards
Source URL: https://quizplus.com/study-set/2574
Page 2
Chapter 1: Globalization and International Linkages
Available Study Resources on Quizplus for this Chatper
80 Verified Questions
80 Flashcards
Source URL: https://quizplus.com/quiz/51224
Sample Questions
Q1) The emerging global community is becoming increasingly:
A)Socially isolated
B)Economically interdependent
C)Culturally interdependent
D)Financially independent
Answer: B
Q2) Nongovernmental organizations believe that everyone benefits from globalization, as evidenced in lower prices, greater availability of goods, better jobs and access to technology.
A)True
B)False
Answer: False
Q3) The term used to indicate the amount invested in property, plant, and equipment in another country is:
A)Exporting
B)Foreign direct investment
C)Importing
D)Trade imperfection
Answer: B
To view all questions and flashcards with answers, click on the resource link above.
Page 3
Chapter 2: The Political, Legal, and Technological Environment
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51223
Sample Questions
Q1) The statute that makes it illegal to influence foreign officials through personal payment of political contributions is referred to as the:
A)Fairness in International Affairs Act
B)Foreign Corrupt Practices Act
C)Global Ethics Act
D)Fair Treatment of Foreign Citizens Act
Answer: B
Q2) According to the text, NYNEX holds a stake in:
A)Telecom New Zealand
B)Thailand's Telecom Asia
C)Australia's Optus
D)Thailand's Globe Telecom
Answer: B
Q3) Political repression and denial of rights and civil liberties are dominant ideals of:
A)Totalitarianism
B)Socialist democracy
C)Collectivism
D)Monarchy
Answer: A
Page 4
To view all questions and flashcards with answers, click on the resource link above.
Chapter 3: Ethics, Social Responsibility, and Sustainability
Available Study Resources on Quizplus for this Chatper
80 Verified Questions
80 Flashcards
Source URL: https://quizplus.com/quiz/51222
Sample Questions
Q1) Which of the following companies was accused in 2010 of cutting corners on environmental protection and ethical business practices?
A)Nike
B)Russell Athletics
C)Chevron
D)BP
Answer: D
Q2) Transparent Agents Against Contracting Entities:
A)Was created to prevent the shifting of corrupt practices to suppliers and intermediaries
B)Entered into force in March 1997 and has more than 25 Western Hemisphere countries as signatories
C)Outlaws most payments to political party leaders
D)Makes it illegal for U.S. companies and their managers to attempt to influence foreign officials through personal payments
Answer: A
To view all questions and flashcards with answers, click on the resource link above. Page 5
Chapter 4: The Meanings and Dimensions of Culture
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51221
Sample Questions
Q1) George England found that personal value systems are relatively stable and do not change rapidly.
A)True
B)False
Q2) Trompenaars's discussion of the dimension of _____ explores whether people believe in controlling outcomes (inner-directed) or letting things take their own course (outer-directed).
A)Time
B)The environment
C)Masculinity
D)Ascription
Q3) Japanese firms tend to have a culture of deference which is supported by all of the following except:
A)the unwillingness of workers to report problems to their superiors
B)the unwillingness of workers to question their superiors
C)the unwillingness of workers to challenge what has been decided
D)the unwillingness of workers to be loyal to the firm
Q4) Discuss Hofstede's Cultural Dimensions.
Q5) Discuss the notions of individualism and communitarianism as given by Trompenaars.
To view all questions and flashcards with answers, click on the resource link above.
Chapter 5: Managing Across Cultures
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51220
Sample Questions
Q1) Malaysia has what is called a _____.
A)Moderate-context culture
B)Low-context culture
C)Variable-context culture
D)High-context culture
Q2) _____ is the tendency to view the world through one's own eyes and perspectives.
A)Parochialism
B)Symbolism
C)Nationalism
D)Simplification
Q3) Which of the following correctly matches a firm's predisposition with its culture?
A)Polycentric-home-country
B)Geocentric-global
C)Regiocentric-host-country
D)Ethnocentric-regional
Q4) In America, authority is diffused throughout the bureaucratic system and personal responsibility is hard to pin down.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 7
Chapter 6: Organizational Cultures and Diversity
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51219
Sample Questions
Q1) When individuals join a multinational corporation they bring their national culture, which greatly affects all of the following except:
A)Learned beliefs
B)Ethnicity
C)Attitudes and values
D)Behaviors
Q2) _____ 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
Q3) Organizational cultures of MNCs are shaped by a number of factors, including the cultural preferences of the leaders and employees.
A)True
B)False
Q4) Discuss some of the potential problems associated with diversity.
To view all questions and flashcards with answers, click on the resource link above. Page 8
Chapter 7: Cross-Cultural and Negotiation
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51218
Sample Questions
Q1) How does culture impact communication?
Q2) In contrast to the contextual style, the personal style is more popular in:
A)Low-power distance, collective, high-context cultures
B)Low-power distance, individualistic, low-context cultures
C)High-power distance, individualistic, low-context cultures
D)High-power distance, collective, high-context cultures
Q3) Which of the following is used for communicating very confidential communication?
A)Social distance
B)Public distance
C)Personal distance
D)Intimate distance
Q4) The nonverbal method of communicating through the use of eye contact and gaze is:
A)Proxemics
B)Haptics
C)Oculesics
D)Chronemics
Q5) Explain the wide variety of tactics used in international negotiation.
Q6) Define negotiation and explain the basic steps in the negotiation process.
9
To view all questions and flashcards with answers, click on the resource link above.
Chapter 8: Strategy Formulation and Implementation
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51217
Sample Questions
Q1) Once strategic goals are set, an MNC will develop specific _____ goals and controls, usually through a two-way process at the subsidiary or affiliate level.
A)Bureaucratic
B)Operational
C)Strategic
D)Contingency
Q2) A worldwide strategy based on cost leadership, differentiation, and segmentation is referred to as the:
A)Economic imperative
B)Political imperative
C)Quality imperative
D)Administrative coordination strategy
Q3) The process of determining an organization's basic mission and long-term objectives and then implementing a plan of action for attaining these goals is:
A)Strategic management
B)Tactical management
C)Contingency management
D)Functional management
To view all questions and flashcards with answers, click on the resource link above.
10
Chapter 9: Entry Strategies and Organizational Structures
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51216
Sample Questions
Q1) Bureaucratic control is not very important in which type of multinational structure?
A)Global product division structure
B)Global area division structure
C)Matrix structure
D)International division structure
Q2) Pushing decision making down the line and getting the lower-level personnel involved is referred to as:
A)Centralization
B)Decentralization
C)Horizontal specialization
D)Vertical specialization
Q3) Discuss the organizational characteristics of formalization, specialization, and centralization.
Q4) Some countries make greater use of formalization than others; in turn, this affects:
A)The day-to-day organizational functioning
B)Specialization
C)Differences between levels in the hierarchy
D)Quality circles
To view all questions and flashcards with answers, click on the resource link above.
11
Chapter 10: Managing Political Risk, Government Relations, and Alliances
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51215
Sample Questions
Q1) When host governments do not require alliances as a condition for entry, many MNCs:
A)Are advised not to voluntarily pursue alliances as they tend to be problematic
B)Are usually indifferent about establishing alliances
C)Find that having an alliance is advantageous to their entry and expansion
D)Are likely to consider alliances, except in emerging markets and highly regulated industries
Q2) The following actions raise the political risk of doing business in China except:
A)Interpretation of rules and regulations by officials
B)Industrial piracy
C)Restrictions on foreign exchange transactions
D)Concerns on safety and reliability of product quality
Q3) _____ techniques are designed to help the overseas operation become part of the host country's infrastructure.
A)Protective
B)Defensive
C)Integrative
D)Statutory
Q4) What are some of the advantages of international strategic alliances?
Page 12
To view all questions and flashcards with answers, click on the resource link above.
Chapter 11: Management Decision and Control
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51214
Sample Questions
Q1) When local managers are inexperienced or not highly effective, decision making tends to be decentralized.
A)True
B)False
Q2) The external control process differs from the internal control in that the external control:
A)Encourages harmony, responsiveness, and sensibility
B)Focuses on self, function, one's own group, and one's own organization
C)Proves to be uncomfortable when the environment seems out of control or changeable
D)Has a dominating attitude bordering on aggressiveness toward the environment
Q3) Describe the differences between direct controls and indirect controls? Provide an example of each type of control for the management of a MNC.
Q4) Areas that are examined by the ISO 9000 certification team include all of the following except:
A)Design (product or service specifications)
B)Process control (instruction for manufacturing or service functions)
C)Purchasing service (e.g., instructions for conducting after-sales service)
D)Environmental management standards
To view all questions and flashcards with answers, click on the resource link above. Page 13
Chapter 12: Motivation Across Cultures
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51213
Sample Questions
Q1) In an Israeli kibbutz, the following hygiene factor was regarded as a source of satisfaction rather than dissatisfaction:
A)Salary
B)Working conditions
C)Interpersonal relations
D)Technical supervision
Q2) The first assumption about the motivation process is that it is:
A)Universal
B)Country specific
C)Culturally explicit
D)Regionally distinct
Q3) Maslow postulated that everyone has five basic needs, which constitute a need hierarchy.In ascending order, beginning with the most basic, they are:
A)Physiological, safety, social, esteem, and self-actualization needs
B)Social, safety, physiological, self-actualization, and esteem needs
C)Safety, physiological, esteem, self-actualization, and social needs
D)Esteem, social, physiological, safety, and self-actualization needs
Q4) What characteristics of high achievers did David McClelland identify?
Q5) What are the basic assumptions on which the hierarchy-of-needs theory rests?
To view all questions and flashcards with answers, click on the resource link above. Page 14
Chapter 13: Leadership Across Cultures
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51212
Sample Questions
Q1) These leaders are visionary agents with a sense of mission who are capable of motivating their followers to accept new goals and new ways of doing things.
A)Transactional
B)Negotiable
C)Transformational
D)Formational
Q2) All of the following are assumptions that underlie Theory Y management except:
A)The expenditure of physical and mental effort at work is as natural to people as resting or playing
B)Commitment to objectives is determined by the rewards that are associated with their achievement
C)The capacity to exercise a relatively high degree of imagination, ingenuity, and creativity in the solution of organizational problems is widely distributed throughout the population
D)The primary need of employees is job security
Q3) Discuss Theory X, Theory Y, and Theory Z.
Q4) Discuss the four other types of leaders discovered by Bass.
Q5) Describe the difference between transformational and transactional leadership.
Q6) What are the different types of leadership styles?
Page 15
To view all questions and flashcards with answers, click on the resource link above.
Chapter 14: Human Resource Selection and Development
Across Cultures
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/51211
Sample Questions
Q1) 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
Q2) Which of the following training programs are created for the specific needs of the participants?
A)Generic
B)Standardized
C)Tailor-made
D)Universal
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
To view all questions and flashcards with answers, click on the resource link above.