International Management Exam Review - 1078 Verified Questions

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International Management Exam Review

Course Introduction

International Management explores the strategies, structures, and processes that organizations use to operate successfully in a global business environment. The course examines the complexities of managing across diverse cultures, regulatory systems, and economic landscapes, with a focus on leadership, communication, human resource management, and international market entry strategies. Students will analyze case studies on multinational corporations, address ethical and sustainability considerations, and develop skills to adapt management practices to varying international contexts and challenges.

Recommended Textbook

International Management Managing Text and Cases 8th Edition by Helen Deresky

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11 Chapters

1078 Verified Questions

1078 Flashcards

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Chapter 1: Assessing the Environment: Political, Economic, Legal,

Technological

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84 Flashcards

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Sample Questions

Q1) Confiscation occurs when a local government seizes and provides inadequate compensation for the foreign-owned assets of an MNC.

A)True

B)False

Answer: False

Q2) Differences in laws and regulations from country to country are very few and simple.

A)True

B)False

Answer: False

Q3) The European Union currently consists of how many nations?

A) 12

B) 27

C) 34

D) 46

Answer: B

Q4) Common law is based on a comprehensive set of laws organized into a code.

A)True

B)False

Answer: False

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Chapter 2: Managing Interdependence, Social Responsibility, and Ethics

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Sample Questions

Q1) Which of the following best defines the concept of managing interdependence?

A) the effective management of a long-term, MNC subsidiary-host-country relationship through cooperation and consideration for host concerns

B) the process by which international managers accept and enact their role in the preservation of ecological balance on the earth

C) the process by which a firm grants the rights to a firm in the host country to produce or sell a product

D) the effective development of strategies that involve designing and operating systems, and working with people around the world to ensure sustained competitive advantage

Answer: A

Q2) What is the primary problem for MNCs that try to define organizational ethics?

Answer: 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.Many practices that are considered unethical or even illegal in some countries are accepted ways of doing business in others.

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Chapter 3: Understanding the Role of Culture

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100 Flashcards

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Sample Questions

Q1) An international manager can best develop an understanding of a particular culture by ________.

A) creating a cultural profile for that country or region in which the firm does business

B) assuming that his or her own cultural styles and practices can be successfully followed in the host country

C) using stereotypes to develop cross-cultural understanding in a business setting

D) hiring locals rather than expatriates for management positions in overseas subsidiaries

Answer: A

Q2) Which of the following is true of a future-oriented country?

A) It focuses on short-term planning.

B) It emphasizes solidarity.

C) It focuses on longer time horizon for decisions.

D) It emphasizes instant gratification.

Answer: C

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Chapter 4: Communicating Across Cultures

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Sample Questions

Q1) Josh,a tourist from the United States,goes on a five-day trip to Japan.Apart from learning their rich history and heritage,he notices that people do not shake hands,but bow to each other.He is most likely to conclude that the Japanese have a ________.

A) low-context culture

B) monotheistic culture

C) polychronic culture

D) low-contact culture

Q2) The international business manager of Toro Automobiles,based in London,is currently in Indonesia negotiating with potential partners to set up a manufacturing plant.He is intrigued and startled by the lack of apprehension shown by every person he has met in standing close to him when greeting him.This is because the persons or the groups involved in the meeting are a part of a ________.

A) low-context culture

B) polychronic culture

C) high-context culture

D) high-contact culture

Q3) Define decoding and list three main causes of incongruence in the decoding process.

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Chapter 5: Cross-Cultural Negotiation and Decision Making

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Sample Questions

Q1) Negotiation support systems can provide support for the negotiation process by maximizing the chances for optimal outcomes.

A)True

B)False

Q2) According to Adler,in order to understand the perspectives of both sides and to prepare for meetings effectively,a negotiator must ________.

A) avoid the use of nonverbal communication

B) engage in lengthy, evasive conversations

C) practice role reversal

D) avoid direct conflicts

Q3) Relationship building is the process of getting to know one's contacts in a host country and building mutual trust before embarking on business discussions and transactions.

A)True

B)False

Q4) Compared to Indian negotiators,American negotiators are more likely to withdraw,use silence,and learn from within.

A)True

B)False

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Chapter 7: Global Alliances and Strategy Implementation

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Sample Questions

Q1) Which of the following is a pitfall of cross-border alliances?

A) increase in the number of existing competitors

B) disputes over management

C) convincing expatriates

D) finding local skilled employees

Q2) In spite of the potential problems with local partners,many firms rush the process of partner selection because ________.

A) they want to reduce the amount spent on establishing subsidiaries abroad

B) they want to take advantage of the local partner's technological innovations

C) they mostly aim at increasing the number of equity shares within a short period of time

D) they are anxious to get into an attractive market

Q3) Cross-border alliances are used to gain rapid entry into a new or consolidating industry and to take advantage of synergies.

A)True

B)False

Q4) What are some of the challenges in implementing global alliances?

Q5) What is international joint venture control? Why is it important?

Q6) How can firms increase the likelihood of forming a successful global alliance?

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Chapter 8: Organization Structure and Control Systems

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Sample Questions

Q1) Which of the following is the most common form of organizing foreign operations in which divisions are created to cover various regions?

A) global functional structure

B) global geographic structure

C) global product structure

D) matrix structure

Q2) By transitioning to formats such as interorganizational networks,companies are abandoning traditional structures and switching to more rigid organizational structures.

A)True

B)False

Q3) The ________ strategy involves maximizing opportunities for both efficiency and local responsiveness by adopting a structure that uses alliances,networks,and horizontal design formats.

A) multidomestic structure

B) transnational corporation

C) international division structure

D) bureaucratic structure

Q4) Briefly describe the characteristics of the global geographic structure.

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Chapter 9: Staffing,Training,and Compensation for Global Operations

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Sample Questions

Q1) When the company is at the internationalization stage of strategic expansion and has a centralized structure,it will likely use a(n)________ staffing approach to fill key managerial positions with PCNs.

A) polycentric

B) regiocentric

C) global

D) ethnocentric

Q2) Which of the following is a disadvantage of the ethnocentric staffing approach?

A) increased opportunities or development for local managers at the expense of PCNs

B) low adaptation of expatriates in the parent country

C) lack of managerial effectiveness of PCNs in foreign countries

D) lack of managerial effectiveness of PCNs in the parent country

Q3) Inpatriates are managers with global experience who are transferred to the organization's headquarters country,so their overseas business and cultural experience and contacts can facilitate interactions among the country's far-flung operations.

A)True

B)False

Q4) What are the different stages of culture shock as described by Oberg?

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Chapter 10: Developing a Global Management Cadre

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Sample Questions

Q1) Discuss Tung's support systems to ensure a successful repatriation program.

Q2) Which of the following is true with regard to virtual teams?

A) Advances in communication hinder virtual global teams.

B) Virtual teams do not offer cost advantages.

C) Cultural misunderstandings are fairly rare occurrences across virtual teams.

D) The members of virtual teams interact through computer-mediated communication systems.

Q3) In the globalized economy,the knowledge and management resources required for the firm to succeed are no longer concentrated in a single region but are distributed around the world.

A)True

B)False

Q4) ________ unions are based on certain occupational skills.

A) General

B) Craft

C) Industry

D) Conglomerate

Q5) What are some of the skills that are necessary for leaders of virtual global teams?

Q6) What are global management teams? Why are they important to global firms?

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Chapter 11: Motivating and Leading

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100 Verified Questions

100 Flashcards

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Sample Questions

Q1) The Mexican culture,generally,is "doing-oriented," compared to the "being-oriented" culture that prevails in the rest of North America.

A)True

B)False

Q2) Which of the following is NOT one of the typical reward categories in the United States?

A) job content

B) cultural

C) financial

D) social status

Q3) Which of the following helps explain why Maslow's higher-order needs are generally not very high on most Mexican workers' lists of needs?

A) an absence of free trade zones in the country

B) a low regard for family and personal relationships

C) a relatively low standard of living for most workers

D) a high rate of absenteeism in the maquiladoras

Q4) What role does culture play in the motivational process? Why is it important to understand the different motivational patterns across cultures?

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