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MNB3701 Assignment 1 (2022 Semester 1)
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Principles of Global Business ManagementMNB3701
Semester 1
Assignment 1
Unique Number: 816769
Department of Business Management
, Question 1
A characteristic of low uncertainty avoidance culture is...
a. resistance to change and job security.
b. less resistance to change and focus on retirement benefits.
c. a focus on retirement benefits and job security.
d. willingness to take risks and less resistance to change.
Question 2
Which one of the following is NOT a characteristic of a market economy?
a. Prices react to changes in supply and demand
b. Business producing according to an economy-wide central plan
c. Buyers and sellers’ meeting in a market
d. Businesses planning production to supply the market in the future
Question 3
One of the views on globalisation is associated with …
a. the decreasing power of multinational enterprises
b. the relative increasing income for unskilled workers
c. a force that incorporates our national cultures
d. new technologies accelerating communication
Question 4
The proverb “When in Rome do as the Romans do” is followed by...
a. high-context cultures.
b. ethical imperialism.
c. ethical relativism.
d. long-term orientation.
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