International Management Midterm Exam - 1051 Verified Questions

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International Management

Midterm Exam

Course Introduction

International Management explores the complexities and challenges of managing organizations in a globalized world. The course covers key topics such as cross-cultural communication, international strategic planning, global leadership, organizational structure, and ethical considerations in a multinational environment. Students will learn to analyze diverse markets, adapt management practices to different cultural contexts, and develop strategies for operating effectively across borders. By examining real-world case studies and current global trends, the course prepares students to succeed in managerial roles within international and multicultural settings.

Recommended Textbook

International Management Culture Strategy and Behavior 10th Edition by Fred Luthans

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14 Chapters

1051 Verified Questions

1051 Flashcards

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Chapter 1: Globalization and International Linkages

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76 Verified Questions

76 Flashcards

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Sample Questions

Q1) In _____,chaebols are very large,family-held conglomerates that have considerable political and economic power.

A) Thailand

B) Japan

C) South Korea

D) China

Answer: C

Q2) A major development in South America is:

A) the implementation of a single currency and a regional central bank.

B) the growth of intercountry trade, spurred on by the progress toward free-market policies.

C) the privatization of traditionally nationalized industries.

D) the elimination of all trade barriers among member countries.

Answer: B

Q3) About 46 percent of employees in both the United States and Russia would prefer a work schedule that fluctuates between work and leisure,mirroring a pattern of recurring sabbaticals.

A)True

B)False

Answer: True

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Chapter 2: The Political, Legal, and Technological Environment

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75 Verified Questions

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Sample Questions

Q1) Biotech companies mainly manufacture drugs through a process similar to that of organic chemistry and are unable to discover genetic abnormalities.

A)True

B)False

Answer: False

Q2) Since the passage of the Foreign Corrupt Practices Act (FCPA),investigations reveal that:

A) U.S. exports to "bribe prone" countries decreased significantly.

B) the act was unsuccessful in removing bribes as a key competitive tool from the Middle East.

C) the act allowed the courts to fine but not imprison guilty parties.

D) individual executives started getting increasingly targeted apart from corporations.

Answer: D

Q3) The most common form of totalitarian government is communist totalitarianism.

A)True

B)False

Answer: True

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Page 4

Chapter 3: Ethics, Social Responsibility, and Sustainability

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75 Verified Questions

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Sample Questions

Q1) Social sustainability for the company Patagonia includes:

A) third-party audits of factories that provide nonbiased assessments of the factories.

B) permission to use formaldehyde in the manufacture of its clothing.

C) the discretion of each factory to determine the percentage of each product that is recyclable.

D) modification of its supply chain from an environmental viewpoint, leaving corporate social responsibility solely in the hands of each supplier.

Answer: A

Q2) All of the following countries have outsider systems of corporate governance except

A) the United States

B) Canada

C) the United Kingdom

D) Spain

Answer: D

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Chapter 4: The Meanings and Dimensions of Culture

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Sample Questions

Q1) An achievement culture is a culture in which status is attributed based on who or what a person is.

A)True

B)False

Q2) Identify a true statement about the different approaches identified by Dutch researcher,Fons Trompenaars to describe the ways in which people deal with the concept of time.

A) People in Mexico often build slack into their schedules to allow for interruptions.

B) People in Mexico give utmost importance to the particular path or sequence used to reach an end.

C) People in the United States adjust their approach because of factors that are beyond their control.

D) People in the United States operate under more of a synchronous-time orientation.

Q3) Define culture and list its characteristics as agreed by most scholars.

Q4) A neutral culture is one in which emotions are held in check.

A)True

B)False

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Chapter 5: Managing Across Cultures

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Sample Questions

Q1) _____ is a belief that one worldwide approach to doing business is the key to both efficiency and effectiveness.

A) International complacency

B) Globalization imperative

C) Worldwide indifference

D) Cross-cultural contentment

Q2) Firms with a(n)_____ predisposition make strategic decisions tailored to suit the cultures of the countries where the MNC operates.

A) polycentric

B) ethnocentric

C) regiocentric

D) geocentric

Q3) If businesspeople in ______ commit themselves to a date in the future and fail to show up,they may feel no guilt or concern because they believe they have no control over time in the first place.

A) Great Britain

B) Arab countries

C) France

D) China

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Chapter 6: Organizational Cultures and Diversity

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Sample Questions

Q1) Unlike the organizational culture in the United States,in the family culture,appointments to a high-level,sensitive position are most likely to be based on

A) personal accomplishments

B) personal relationships

C) technicality

D) creativity

Q2) According to a study by the Diagnosing Organizational Culture for Strategic Application (DOCSA)group published in 1995,unlike Americans,Europeans:

A) were perceived as being very open in their communications.

B) were viewed as preferring very loose control.

C) saw themselves as somewhat pragmatic in their conduct.

D) were seen as having a slight identification with their own organization.

Q3) The _____ culture is characterized by a strong emphasis on hierarchy and orientation to the task.

A) incubator

B) family

C) guided missile

D) Eiffel Tower

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Chapter 7: Cross-Cultural Communication and Negotiation

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Sample Questions

Q1) Chronemics refers to the way in which _____.

A) color is used in a culture

B) time is used in a culture

C) posture is used to communicate

D) touch is used to communicate

Q2) Canadians shake hands,Japanese bow,and Middle Easterners of the same sex kiss on the cheek.These gestures are examples of _____.

A) chromatics

B) haptics

C) chronemics

D) proxemics

Q3) Oculesics refers to communicating through the use of _____.

A) eye contact and gaze

B) physical space

C) bodily contact

D) artifacts and charts

Q4) Negotiation often follows assessing political environments and is a natural approach to conflict management.

A)True

B)False

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Chapter 8: Strategy Formulation and Implementation

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75 Flashcards

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Sample Questions

Q1) Many large multinational corporations work to combine the _____ approaches to strategic planning.

A) economic, environmental, political, and administrative

B) global, environmental, economic, and quality

C) political, administrative, regional, and environmental

D) economic, political, quality, and administrative

Q2) When market liberalization is delayed,_____.

A) first movers possess a significant advantage over later entrants.

B) first movers possess clear, significant advantages in transitional markets.

C) later entrants possess a significant advantage over first movers.

D) substantial risks to premature entry are removed.

Q3) Multinational corporations using the _____ approach to strategic planning are country-responsive; their approach is designed to protect local market niches.

A) administrative coordination

B) economic imperative

C) quality imperative

D) political imperative

Q4) Describe the difference between global integration and national responsiveness.What is the principle advantage of each strategy?

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Chapter 9: Entry Strategies and Organizational Structures

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75 Verified Questions

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Sample Questions

Q1) A feature of global area division structures is that they:

A) often ignore research and development (R&D) efforts because they are selling goods that have reached the maturity stage.

B) fail to focus on goods that are proven winners and now are being marketed conveniently worldwide.

C) focus on latest technologically superior goods that will win the market in the long run. D) are characterized by strong centralized management and control system.

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) One disadvantage of a global product division structure is that division managers may pursue currently attractive geographic prospects for their products and neglect other areas with better long-term potential.

A)True

B)False

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Chapter 10: Managing Political Risk, Government Relations, and Alliances

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75 Verified Questions

75 Flashcards

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Sample Questions

Q1) Which of the following is not an example of risk factors for a multinational company?

A) Freezing the movement of assets out of the host country

B) Limiting the remittance of profits or capital

C) Devaluing the currency

D) Complying with contractual terms of agreements

Q2) Benefits of proactive political strategies include all of the following except _____.

A) enhancing government relations in unstable and transitional policy environments

B) mitigating risk before it becomes unmanageable

C) providing support for national and sub-central governments in transitional economies

D) counteracting competitors' efforts to influence government policy

Q3) Tensions continue to rise as U.S.politicians have become frustrated by China's unwillingness to revalue the yuan,and concerns have grown over the safety of goods imported from China.

A)True

B)False

Q4) What is terrorism? Explain the various types of terrorism.

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Chapter 11: Management Decision and Control

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Sample Questions

Q1) Direct controls are particularly important in international management because of the great expense associated with indirect methods.

A)True

B)False

Q2) Explain with examples the total quality management (TQM)technique of rewards and recognition.

Q3) While Alibaba's scale of operations is capital intensive,Amazon's approach allows for extra financial flexibility,as it does not need to build,staff,and maintain regional warehouses.

A)True

B)False

Q4) Controls that are generally used by multinational companies (MNCs)to monitor performance on a monthly basis are _____.

A) direct

B) indirect

C) external

D) internal

Q5) What are assessment centers and how are they used by multinational companies (MNCs)?

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Chapter 12: Motivation Across Cultures

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75 Flashcards

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Sample Questions

Q1) Expectancy theory postulates all of the following except that:

A) effort will lead to performance.

B) performance will lead to specific outcomes.

C) outcomes will be of value to the individual.

D) employees are controlled by their external environment.

Q2) What are the two different approaches (or basic types of theories)used to study motivation? Which approach has been used more extensively in international management research? Why?

Q3) "Balance in synergy" would require a moving away from all of the following except:

A) individualistic thinking

B) avoidance of risk taking

C) holistic and idealistic thinking

D) emphasis on control

Q4) The importance of work in an individual's life relative to other areas of interest is referred to as:

A) work prominence

B) work centrality

C) work salience

D) work objectivity

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Chapter 13: Leadership Across Cultures

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75 Flashcards

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Sample Questions

Q1) Usually,this leadership behavior satisfies some employee needs,and in turn subordinates tend to exhibit loyalty and compliance.

A) Participative

B) Authoritarian

C) Paternalistic

D) Autocratic

Q2) Recent findings from a leadership study in India showed that participative leadership is not as effective in developing countries as had been previously reported.

A)True

B)False

Q3) Which of the following is a quality needed to be a servant leader?

A) Listening

B) Predictability

C) Entrepreneurship

D) Hindsight

Q4) Japan is well known for its paternalistic approach to leadership.

A)True

B)False

Q5) Discuss Theory X,Theory Y,and Theory Z.

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Chapter 14: Human Resource Selection and Development

Across Cultures

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75 Verified Questions

75 Flashcards

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Sample Questions

Q1) Traditionally,multinational corporations (MNCs)relied on only one important selection criterion for overseas assignments:

A) training.

B) technical competence.

C) previous experience.

D) education.

Q2) Whether managers are trying to increase productivity or decrease turnover rates,it is good to get a sense of how employees feel they are being treated.

A)True

B)False

Q3) The hardest training,in terms of preparation time,is to place a cultural integrator in each foreign operation.

A)True

B)False

Q4) An ethnocentric multinational corporation (MNC)puts host-office people in charge of key international management positions.

A)True

B)False

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