International Management Test Questions
Course Introduction
International Management explores the strategies, processes, and challenges involved in managing organizations in a global context. The course examines topics such as cross-cultural communication, global leadership, international market entry, and the adaptation of business practices to diverse environments. Students will analyze the impact of cultural, economic, legal, and political factors on managerial decision-making and learn how to effectively coordinate teams and operations across borders. Emphasis is placed on understanding global trends, ethical considerations, and the development of skills necessary to succeed in multinational corporations or international ventures.
Recommended Textbook
International Business The Challenges of Globalization 8th Edition by John Wild
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16 Chapters
1649 Verified Questions
1649 Flashcards
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Page 2
Chapter 1: Globalization
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100 Verified Questions
100 Flashcards
Source URL: https://quizplus.com/quiz/45497
Sample Questions
Q1) The term ________ refers to entities cooperating across national boundaries.
A)internationalization
B)supranationalism
C)denationalization
D)multiculturalism
Answer: A
Q2) The role of the World Bank is to provide financing for national economic development efforts.
A)True
B)False
Answer: True
Q3) Pro-globalization economists believe globalization increases wealth in both developed and developing nations.
A)True
B)False
Answer: True
Q4) Critics of globalization argue that it eliminates jobs in developing nations.
A)True
B)False
Answer: False
Page 3
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Chapter 2: Cross-Cultural Business
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100 Verified Questions
100 Flashcards
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Sample Questions
Q1) Upon what assumption does their argument rest? They argument assumes that
A)the people of France prefer English music and movies to French music and movies
B)the people of France no longer speak French
C)the people of other countries aren't open to French cultural elements
D)Hollywood movies don't have French subtitles
Answer: A
Q2) Subcultures exist only within a nation's borders.
A)True
B)False
Answer: False
Q3) According to Hofstede's framework,cultures scoring high on the dimension of ________ tend to be characterized by personal assertiveness and the accumulation of wealth,typically translating into an entrepreneurial drive.
A)power distance
B)collectivism
C)uncertainty avoidance
D)masculinity
Answer: D
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Page 4
Chapter 3: Political Economy and Ethics
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100 Verified Questions
100 Flashcards
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Sample Questions
Q1) Which of the following statements is true of Kirawi,a democratic nation whose legal system is based on common law?
A)The law is based on religious teachings and is enforced by the country's religious leaders.
B)The law is inflexible and is applied the same way in all situations.
C)The law is based on a detailed set of written rules that constitute a legal code.
D)The law is interpreted on the basis of tradition,precedent and usage.
Answer: D
Q2) In a ________ government,the strongest political parties share power by dividing government responsibilities among themselves.
A)coalition
B)bilateral
C)totalitarian
D)theocratic
Answer: A
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Chapter 4: Economic Development of Nations
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86 Verified Questions
86 Flashcards
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Sample Questions
Q1) Both GDP and GNP measure a nation's income per person.
A)True
B)False
Q2) The concept of purchasing power parity (PPP)must be applied to understand the true value of a currency in its home country.
A)True
B)False
Q3) Nations with the poorest infrastructures and lowest personal incomes are called developing countries.
A)True
B)False
Q4) Nations having the poorest infrastructures and lowest personal incomes are called
A)developed countries
B)newly industrialized countries
C)emerging markets
D)developing countries
Q5) Barter is an alternative for buyers who lack money needed to pay for imports.
A)True
B)False
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Chapter 5: International Trade Theory
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100 Verified Questions
100 Flashcards
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Sample Questions
Q1) Trade deficit occurs when the value of a country's imports is greater than the value of its exports.
A)True
B)False
Q2) Discuss the dangers of trade dependency.
Q3) Most of the world's merchandise trade is composed of trade in agricultural products.
A)True
B)False
Q4) One of the major pillars upon which the practice of mercantilism rested was
A)economies of scale
B)pricing mechanism
C)excessive imports
D)trade surpluses
Q5) Companies that belong to a nation's internationally competitive industries exist in isolation from supporting industries.
A)True
B)False
Q6) Discuss the three essential pillars of the theory of mercantilism.
Page 7
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Chapter 6: Political Economy of Trade
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108 Verified Questions
108 Flashcards
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Sample Questions
Q1) Which of the following is an instrument that governments use to promote trade?
A)embargoes
B)tariffs
C)export financing
D)administrative delays
Q2) A restriction on the amount of a good that can enter or leave a country during a certain period of time is called a(n)________.
A)administrative delay
B)local content requirement
C)quota
D)tariff
Q3) The protection of infant industries by a nation's government can cause more economic harm than good.
A)True
B)False
Q4) One of the main goals of the World Trade Organization is to ________.
A)encourage dumping among trading nations
B)restrict the free flow of trade
C)provide favorable terms of trade to a few selected countries
D)settle trade disputes among its members
Page 8
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Chapter 7: Foreign Direct Investment
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104 Verified Questions
104 Flashcards
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Sample Questions
Q1) Ownership restrictions and performance demands are used by ________.
A)host countries to promote FDI
B)host countries to restrict FDI
C)home countries to promote FDI
D)home countries to restrict FDI
Q2) How does the eclectic theory explain the concept of FDI? How can a host country offer incentives to attract FDI?
Q3) Which of the following accounts within the current account of the United States' balance of payments includes financial gains earned on U.S.assets held abroad?
A)income receipts account
B)income payments account
C)merchandise account
D)services account
Q4) One reason a home country may discourage foreign direct investment outflows is to protect its "sunset" industries.
A)True
B)False
Q5) Describe any three management issues involved in foreign direct investment decisions.
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Chapter 8: Regional Economic Integration
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112 Verified Questions
112 Flashcards
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Sample Questions
Q1) Describe the Association of Southeast Asian Nations (ASEAN).
Q2) Which of the following would the government of Zucoland most likely experience as a benefit of joining the trading bloc?
A)trade diversion
B)increased national sovereignty
C)greater consensus
D)production shifts to low-wage nations
Q3) Which of the following countries is a member of the North American Free Trade Agreement (NAFTA)?
A)Costa Rica
B)Honduras
C)Venezuela
D)Canada
Q4) Which of the following institutions is least likely to play an important role in monitoring and enforcing economic and political integration in the European Union?
A)European Parliament
B)Council of the European Union
C)European Court of Human Rights
D)European Commission
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Chapter 9: International Financial Markets
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109 Verified Questions
109 Flashcards
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Sample Questions
Q1) ________ is a prominent operational center.
A)Dubai
B)London
C)Singapore
D)Mexico
Q2) International transactions between two currencies other than the U.S.dollar often use the dollar as a vehicle currency.
A)True
B)False
Q3) Exchange rate risk is the risk of adverse changes in exchange rates.
A)True
B)False
Q4) With the help of microfinance,low-income entrepreneurs can borrow money at competitive rates without having to put anything up as collateral.
A)True
B)False
Q5) Explain the function of spot rates and the spot market.
Q6) What is an offshore financial center? Differentiate between an operational center and a booking center,providing examples for each.
Page 11
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Chapter 10: International Monetary System
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107 Verified Questions
107 Flashcards
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Sample Questions
Q1) A(n)________ opportunity helps in buying a product in one country and selling it in another country where it has a higher value.
A)barter
B)buyback
C)countertrade
D)arbitrage
Q2) The intentional lowering of the value of a currency by a nation's government is called revaluation.
A)True
B)False
Q3) The ________ limited the fluctuations of European Union members' currencies within a specified trading range.
A)exchange rate mechanism
B)special drawing right
C)currency board
D)free float system
Q4) If the law of one price is applied and upheld,an arbitrage opportunity arises.
A)True
B)False
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Chapter 11: International Strategy and Organization
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112 Verified Questions
112 Flashcards
Source URL: https://quizplus.com/quiz/45507
Sample Questions
Q1) Which of the following is a disadvantage of a company with an international area structure?
A)Country managers have very little authority.
B)The subsidiaries fail to develop organizational cultures suited to their locations.
C)Individual responsibility and accountability is foggy.
D)Cross-fertilization of knowledge from one unit to another may be less than desirable.
Q2) The way in which a company divides its activities among separate units and coordinates activities among those units is referred to as ________.
A)organizational structure
B)organizational network analysis
C)organizational diagnostics
D)organizational climate
Q3) When should managers consider decentralized decision making? What type of work teams might emerge in organizations that practice decentralized decision making?
Q4) When should managers consider decentralized decision making? What benefits might emerge?
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Chapter 12: Analyzing International Opportunities
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102 Verified Questions
102 Flashcards
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Sample Questions
Q1) Which stage of the market-screening process is John involved in,while examining government regulations and bureaucracy in a market?
A)assessment of the national business environment
B)selection of the market
C)identification of the basic appeal for markets
D)measurement of market potential
Q2) Food and utilities are examples of income-inelastic products.
A)True
B)False
Q3) Which of the following stages of the market-screening process would require John to visit a potential market personally?
A)assessment of the national business environment
B)selection of the market
C)identification of the basic appeal for markets
D)measurement of market potential
Q4) Describe any five variables commonly included in creating a market-potential analysis for an emerging market.
Q5) What types of information are found in a typical industry analysis? How can companies use this information?
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Chapter 13: Selecting and Managing Entry Modes
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106 Verified Questions
106 Flashcards
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Sample Questions
Q1) A(n)________ exports products on behalf of an indirect exporter.
A)local distributor
B)subsidiary
C)sales representative
D)export management company
Q2) The most important disadvantage of a strategic alliance is that it can create a future local or even global competitor.
A)True
B)False
Q3) Matching market needs to the company's abilities is the first step in developing a successful export strategy.
A)True
B)False
Q4) Which of the following methods would Gro-Tru be implementing if it exchanges its products directly for other goods or services without the use of money?
A)barter
B)offset
C)switch trading
D)buyback
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Chapter 14: Developing and Marketing Products
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103 Verified Questions
103 Flashcards
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Sample Questions
Q1) ________ refers to anything that disrupts the audience's ability to receive and interpret a promotional message.
A)Noise
B)Interpolation
C)Feedback
D)Resonance
Q2) Developed nations normally have the most active counterfeiting markets.
A)True
B)False
Q3) The lower a product's value density,the more localized is the distribution system for that product.
A)True
B)False
Q4) The value customers obtain from a product is heavily influenced by the image of the country in which the product is manufactured.
A)True
B)False
Q5) Explain the effect of counterfeit goods and black markets on international product strategies.
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Chapter 15: Managing International Operations
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99 Verified Questions
99 Flashcards
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Sample Questions
Q1) Companies usually decide to reinvest when a market is experiencing rapid growth.
A)True
B)False
Q2) Companies with centralized production facilities are often pursuing ________ strategies.
A)low-cost
B)differentiation
C)retrenchment
D)combination
Q3) A firm that buys from another company a good or service that is part of the firm's value-added activities is practicing ________.
A)outsourcing
B)vertical integration
C)horizontal integration
D)lean production
Q4) Just-in-time manufacturing drastically reduces the costs associated with large inventories in the production process.
A)True
B)False
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Chapter 16: Hiring and Managing Employees
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101 Verified Questions
101 Flashcards
Source URL: https://quizplus.com/quiz/45512
Sample Questions
Q1) Centralizing the decisions that directly impact workers' lives contribute to better labor-management relations.
A)True
B)False
Q2) Which of the following trains managers to be considerate and understanding of other people's feelings and emotions?
A)cultural orientation
B)sensitivity training
C)language training
D)cultural narcissism
Q3) Which of the following methods of cultural training involves the use of guerilla linguistics?
A)cultural orientation
B)language training
C)cultural assimilation
D)cultural narcissism
Q4) Briefly explain how companies compensate managers in international markets.
Q5) What factors influence the wages of nonmanagerial workers?
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