Basic International Business and Export Management MCQ
1. Short-sea shipping is widely accepted and practiced in ____.
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2. Samuel slater was a/an ______ who _______.
Answer
Correct Answer:
Immigrant to the United States; stole intellectual property from the United Kingdom
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3. A(n) ________ is a firm that acts as its client's export department.
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Correct Answer:
Intercorporate transfers
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4. A firm that needs greater flexibility should choose _____ for its decision-making.
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Correct Answer:
Decentralization
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5. In the global movie industry, advertising must be ________.
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6. Countries with multiple language groups tend to be ________.
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Correct Answer:
Heterogeneous.
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7. Arab negotiators will most likely make concessions because of their interest in ________.
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Correct Answer:
Forming long-term relationships
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8. ________ is the most common form of international business activity.
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Correct Answer:
Exporting
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9. ________ is increasing the pace of both cultural diffusion and cultural change.
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Correct Answer:
Globalization.
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10. The worldwide product structure is usually considered best to implement a/an _____ strategy.
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Correct Answer:
International
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11. The leadership process used by japanese managers places a strong emphasis on _____ goals.
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Correct Answer:
Ambiguous
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12. When a market is experiencing rapid growth, a company will ________.
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Correct Answer:
Reinvest in its operations
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13. The first step in the screening process for potential markets and sites is to ________.
Answer
Correct Answer:
Identify the basic appeal of a market
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14. The centralization of production facilities is a typical policy for companies that pursue ________.
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Correct Answer:
A global strategy
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15. For most people, the basic meaning of work is tied to ________.
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Correct Answer:
Economic necessity
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16. The international division of a domestic organization ________.
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Correct Answer:
Has its own marketing, finance, sales, and accounting departments.
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17. __________ are responsible for directly achieving organizational goals.
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Correct Answer:
Line personnel
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18. Small companies selling traditional products benefit from ________.
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Correct Answer:
Technology that lowers the cost and difficulties of global communication
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19. The term _____ refers to the values and norms that are shared among employees of an organization.
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Correct Answer:
Organizational culture
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20. A country with a high uncertainty avoidance ________.
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Correct Answer:
Is highly structured and depends on rules and social institutions to cope with uncertainty
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21. ________ is the set of planned actions taken by managers to help a company meet its objectives.
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22. _____ help establish the culture of an organization and set the example that others follow.
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23. A change capable organization ________.
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Correct Answer:
Links the present and the future
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24. ________ have the same status as treaties, but do not require u.s. senate approval.
Answer
Correct Answer:
Executive agreements
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25. Nafta was signed by canada, the united states, and __________.
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26. An international manager can best develop an understanding of a particular culture by ________.
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Correct Answer:
Creating a cultural profile for that country or region in which the firm does business
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27. According to the international codes of conduct, mnes should ________.
Answer
Correct Answer:
Conduct research and development activities in developing countries
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28. A global staffing policy ________.
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Correct Answer:
Provides a greater pool of qualified and willing applicants from which to choose
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29. A company that is selling unprofitable business units is most likely following a ________ strategy.
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Correct Answer:
Retrenchment
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30. A company subscribing to ethical relativism would implement the morality of the ________.
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Correct Answer:
Host country
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31. The process of forecasting both a company's human resource needs and its supply is called ________.
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Correct Answer:
Human resource planning
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32. According to _____, some specific fraction of a good must be produced domestically.
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Correct Answer:
Local content requirements
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33. The first attempt at creating a collective security system was the __________.
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Correct Answer:
League of nations
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34. Two major public policy and ethics issues in marketing research are ________.
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Correct Answer:
Intrusions on consumer privacy and the misuse of research findings
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35. The value of a product relative to its weight and volume is called its ________.
Answer
Correct Answer:
Value density
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36. Global products are most commonly seen in industries where there is ________.
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Correct Answer:
Significant price competition
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37. Deciding the sequence of operations a company will use to create its product is called ________.
Answer
Correct Answer:
Process planning
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38. Creating shared value (csv) creates ________.
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Correct Answer:
Economic value by creating social value
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International Business And Export Management MCQs | Topic-wise
