McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Business Administration (MBA) .
Chapters
| 51. |
What one of the following is not the advantage of MNCs to the host country |
| A. | Increase in social activities |
| B. | increase in economic activities |
| C. | Utilisation of natural resource |
| D. | R&D efforts enhanced. |
| Answer» A. Increase in social activities | |
| 52. |
In terms of the PESTLE analysis, the liberalizing of international trade and tariff regimes could go in which section or sections? |
| A. | Political |
| B. | Legal |
| C. | Political and economic and legal |
| D. | Political and environmental |
| Answer» D. Political and environmental | |
| 53. |
An 'industry recipe' can be defined as: |
| A. | An accepted pattern of operating and competing |
| B. | A tactic for anticipating a competitor's next move |
| C. | The hidden competences that are difficult to imitate |
| D. | A strategic group |
| Answer» C. The hidden competences that are difficult to imitate | |
| 54. |
Typically, profits are highest in which stage of the industry life-cycle? |
| A. | Introduction |
| B. | Growth |
| C. | Maturity |
| D. | Decline |
| Answer» B. Growth | |
| 55. |
The corporate culture of a firm is more effectively carried to the managers who are |
| A. | Host country nationals |
| B. | Home country nationals |
| C. | Third country nationals |
| D. | none |
| Answer» B. Home country nationals | |
| 56. |
Posting of home country nationals for all key management positions throughout the globe is supported by: |
| A. | Geocentric staffing model. |
| B. | Polycentric staffing model. |
| C. | Ethnocentric staffing model. |
| D. | none |
| Answer» C. Ethnocentric staffing model. | |
| 57. |
Which of the following is NOT a business opportunity generated by globalization? |
| A. | Access to low cost labour. |
| B. | Cheap International transport. |
| C. | Currency crises. |
| D. | Less stringent regulation of the business environment. |
| Answer» C. Currency crises. | |
| 58. |
The interpersonal norms of a country may necessitate a company’s alteration of __? |
| A. | Child Labor |
| B. | Operations |
| C. | Accounting |
| D. | None of the above |
| Answer» B. Operations | |
| 59. |
Which of the following terms are not synonymous with the others? |
| A. | MNE |
| B. | MNC |
| C. | MNM |
| D. | TNC |
| Answer» C. MNM | |
| 60. |
Foreign sources may give companies? |
| A. | Higher costs |
| B. | New and/or better products |
| C. | Conflicting operating knowledge |
| D. | Legal problems |
| Answer» B. New and/or better products | |
| 61. |
A major operating objective that may induce companies to engage in international business is _____? |
| A. | To expand sales |
| B. | To maximize risk |
| C. | To acquire competitors |
| D. | None of the above |
| Answer» A. To expand sales | |
| 62. |
Critics of globalization claim _______? |
| A. | Countries lose sovereignty |
| B. | The resultant growth hurts the environment |
| C. | Some people lose in both aspects |
| D. | All of the above |
| Answer» D. All of the above | |
| 63. |
All of the following are objectives of international business operations except for: |
| A. | sales expansion |
| B. | resource acquisition |
| C. | locally expanding |
| D. | risk minimization |
| Answer» C. locally expanding | |
| 64. |
Globalization consists of the following processes except: |
| A. | political process |
| B. | environmental process |
| C. | social process |
| D. | economic process |
| Answer» B. environmental process | |
| 65. |
Which of the following is a criticism of globalization? |
| A. | going into someone’s country uninvited |
| B. | different climates in other countries get in the way |
| C. | terrorist opportunities |
| D. | threat to national sovereignty |
| Answer» D. threat to national sovereignty | |
| 66. |
To minimize your risk you can: |
| A. | diversify suppliers across countries |
| B. | take advantage of business cycle differences amongst countries |
| C. | a & b |
| D. | none of the above |
| Answer» C. a & b | |
| 67. |
Which of the following does not support globalization? |
| A. | Improvements in communications |
| B. | Barriers to trade and investment |
| C. | Immigration controls |
| D. | Removal of controls on movement of capital across borders |
| Answer» C. Immigration controls | |
| 68. |
The gains from two nations depend on |
| A. | Domestic barter rates |
| B. | Different in the domestic barter rates of the two countries |
| C. | Terms of trade |
| D. | Degree of absolute advantage. |
| Answer» C. Terms of trade | |
Done Studing? Take A Test.
Great job completing your study session! Now it's time to put your knowledge to the test. Challenge yourself, see how much you've learned, and identify areas for improvement. Don’t worry, this is all part of the journey to mastery. Ready for the next step? Take a quiz to solidify what you've just studied.