Info
Warning
Danger

Study Resources (Business Management)

  21) Which of the following is most likely a characteristic of a partly free country, such as Guatemala? A) strict religious constraints B) fair election procedures C) respect for civil liberties D) weak rule of law 22) In which of the following countries would business activity be under the greatest government control? A) Vietnam B) Pakistan C) India D).
0 Views
View Answer
  92)  What are the advantages and disadvantages of using a nation as a point of reference for a culture? 93) In a short essay, describe the various affiliations upon which a person's status can be based and discuss how social stratification affects such business functions as marketing and employment practices.     .
0 Views
View Answer
  1) Which of the following is a true statement about China? A) The Chinese government's shift from communism to capitalism has led to an increase in FDI. B) China attracts FDI because the government has eliminated elaborate bureaucracies. C)  The Chinese government manipulates market activities for political purposes. D) China lacks an educated pool.
5 Views
View Answer
  11) Which of the following statements is most likely true about the postconventional level of moral development? A) Individuals learn what is moral but not why such behavior is moral. B) Individuals behave morally because they fear negative repercussions. C) Individuals learn how to conform to society's values through observation. D) Individuals behave morally.
1 Views
View Answer
  51) Pender Pharmaceuticals is considering expanding overseas and is focusing primarily on the BRICs. Which of the following countries is one that Pender is considering? A) Indonesia B) Chile C) Russia D) Burma 52) Taylor Enterprises wants to expand its operations into Asia. Managers are focusing on countries with high degrees of economic freedom most.
2 Views
View Answer
  71) External debt results when the government spends more than it collects in revenues, whereas internal debt results when a government borrows money from foreign lenders. 72) Uneven income distribution is largely a problem confined to poorer nations. 73) There is a strong relationship between skewed income distributions and the split between.
0 Views
View Answer
  1) The recent global economic crisis has led to which of the following? A) governments seeking to impose more constraints on capitalism B) governments seeking to eliminate constraints on capitalism C) governments seeking to increase the interdependence of developing economies D) governments seeking to eliminate the interdependence of developing economies 2) Which of the following.
5 Views
View Answer
  98) What factors influence cultural stability and cultural change? What factors influence how much cultural adjustment organizations must make in foreign countries? 99) What is culture shock? How can an international employer help prevent culture shock and improve the success of expatriates?     .
0 Views
View Answer
  1) According to the text, which of the following has resulted from GE's Ecomagination initiative? A) rising profitability for many GE products B) increasing doubt among GE's foreign partners C) reducing investments by GE due to poor returns D) improving pollution levels near GE plants in China 2) General Electric has focused on being more.
6 Views
View Answer
  11) Communism primarily relies on a system of ________. A) private business ownership B) competitive pricing and marketing C) market-generated supply and demand D) government controlled economic activity 12) In a market economy, the patterns of resource allocation are most directly influenced by ________. A) government administrators who monitor the equilibrium of supply and demand B) industry.
1 Views
View Answer
  81) The government considers itself a better judge of resource allocation than businesses or citizens in a market economy. 82) In a mixed economy, all dimensions of economic activity, including pricing and production decisions, are determined by a central government plan. 83) A mixed economy is a system where economic decisions are.
0 Views
View Answer
  61) The term collectivism refers to a system that stresses the primacy of societal goals over individual goals. 62) Societies that emphasize collectivism place the interests of individuals over the interests of the state. 63) In some collectivist systems, such as Venezuela, politicians control media outlets and limit individual property rights in.
0 Views
View Answer
  11) In a practical sense, the term political system is meant to signify the ________. A) organization of military power in a country B) working government in a country C) philosophical orientations in a country D) cultural values in a country 12) The distinguishing feature of political ideologies along the political spectrum is ________, with.
2 Views
View Answer
  91) What is the difference between individualism and collectivism? What is the relationship between government and business under each orientation? 92) What are the differences between democratic and totalitarian political systems? What does current research suggest about the spread of democracy and totalitarianism in the world?     .
1 Views
View Answer
  96) What is the difference between a low-context culture and a high-context culture? How do these differences affect communication in international business dealings? 97) What is the difference between a monochronic and polychronic culture? How do such cultural differences affect business practices for international firms?     .
0 Views
View Answer
  51) ION Software is the registered owner of a program designed to help sort and organize incoming and outgoing e-mail. Which of the following does ION most likely have? A) intellectual property right B) trademark credential C) patent certificate D) TRIPS permit 52) Most counterfeit goods are made in markets in which ________ is the.
0 Views
View Answer
  51) A guideline for responsible action by a firm in its operations worldwide is a(n) ________. A) code of conduct B) corporate monitoring policy C) education program D) honor code 52) The U.N. Global Compact is best described as a(n) ________. A) corruption mandate B) environmental initiative C) external code of conduct D) international trade guideline 53) Which of the.
0 Views
View Answer
  31) Which of the following is NOT affected by the Foreign Corrupt Practices Act? A) companies registered in the U.S. B) foreign firms operating in U.S. territory C) foreign firms quoted on a U.S. stock exchange D) foreign companies managed by U.S. expatriates 32) Which of the following statements describes an inconsistency of the FCPA? A).
0 Views
View Answer
  71) Normativism asserts that universal standards of behavior exist and should be accepted in all cultures. 72) The law is often based on imprecisely defined moral concepts that cannot be separated from legal concepts. 73) The argument that "anything legal is ethical" is insufficient as a basis for ethical behavior because the.
0 Views
View Answer
  61) General Electric's Ecomagination initiative is responding in part to the fact that it is operating in many countries which require compliance with higher environmental standards than exist in the United States. 62) In the long run, MNEs must adequately meet the needs of all stakeholders in order to prosper and.
0 Views
View Answer
  1) Which of the following is NOT a reason that international trade theory is useful for managers to understand? A) Countries use trade theories to help them decide how to improve their competitive positions, such as improving the quantity and quality of production factors. B) Countries' trade policies affect whether imports are.
5 Views
View Answer
  21) A manager who refuses to bribe customs officials in a foreign country, even though it is morally acceptable in that country, is most likely to believe in which of the following perspectives on ethics? A) relativism B) normativism C) humanism D) existentialism 22) Why is the argument that "anything legal is ethical" most likely.
0 Views
View Answer
  61) In the aftermath of the recent worldwide credit crisis, there has been a significant reduction in the level of government involvement in economic affairs. 62) When analyzing the key elements of a country's economic environment, it is best to apply a systems perspective. 63) Gross domestic product is the value of.
0 Views
View Answer
  31) The Human Development Index measures the average achievements in a country on three basic dimensions of human development, including ________. A) promotion of cultural values B) quantity of free time C) extent of knowledge D) sustainability 32) The ________ starts with the same accounting framework used to calculate GDP but then adjusts for values.
0 Views
View Answer
  41) Medco Pharmaceuticals charges a market price for heart medication to distributors in Italy and a discounted price for the same medication to distributors in Bangladesh. Medco is most likely using ________. A) discounted pricing B) skimmed pricing C) penetrated pricing D) tiered pricing 42) Some countries reverse engineer pharmaceutical products ________. A) because they know.
0 Views
View Answer
  71) The Third Wave of Democratization was partially triggered by improved communication systems. 72) Research indicates that democracy is declining around the world and that totalitarian regimes are increasing. 73) According to EIU research, 37% of the world's population live in full democracies. 74) The Washington Consensus promotes democracy, freedom, the rule of.
1 Views
View Answer
  21) In the Economic Freedom Index, ________ exhibit high economic freedom whereas ________ exhibit little to no economic freedom. A) mixed economies; market economies B) command economies; market economies C) market economies; command economies D) centrally planned economies; command economies 22) Which of the following countries is the best example of a mixed economic model? A).
0 Views
View Answer
  91) What is gross national income? How is it calculated? Illustrate your answer with a specific example. 92) What general characteristics of a country should managers consider when analyzing an economic environment? What specific indicators help managers measure the economic development, performance, and potential of a country?     .
0 Views
View Answer
  81) U.S. MNEs that operate in Europe are under pressure to conform to the emissions standards of the Kyoto Protocol. 82) When a pharmaceutical company charges a market price in developed countries and a discounted price in developing countries, the company is using partial source pricing. 83) The WTO Agreement on Trade-Related.
1 Views
View Answer
  31) Which of the following statements about approaches to political risk management is NOT true? A) Passive political risk management discourages managers from fully or partially hedging their bets against exposure to political hazards. B) Passive political risk management assumes that it is difficult, if not impossible, to systematically model political risk. C).
0 Views
View Answer