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International Management.
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Test Bank in Conjunction with International Management Culture, Strategy, and Behavior,Luthans,9e
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Test Bank For International Management: ManagingAcross Borders and Cultures, Text and Cases 9th Edition
By Helen Deresky
Which of the following statements is true with regard to the economy of Poland? -
ANSWER: Political instability and risk, large external debts, a deteriorating
infrastructure and only modest education levels have led to continuing economic
problems in poland.
A method which adjusts GDP to account for different prices in countries is called: -
ANSWER: Purchasing Power Parity
A ___________ is comparable to a monopoly in the sense that the organization, in
this case the government, has explicit control over the price and supply of a good or
service. - ANSWER: Command Economy
The ultimate objective of the EU is to: - ANSWER: Eliminate all trade barriers among
member countries
An organizational arrangement in Japan in which a large group of vertically
integrated companies bound together by cross-ownership, interlocking directorates
and social ties provide goods and services to end users is: - ANSWER: Keiretsus
The process of applying management concepts and techniques in a multinational
environment and adapting management practices to different economic, political
and cultural environments is: - ANSWER: International Management
Antiglobalization activists: - ANSWER: Assert that if corporations are free to locate
anywhere in the world, the world's poorest countries will relax or eliminate
environmental standards and social services in order to attract first-world
investment and the jobs and wealth that come with it
Which of the following statements is FALSE with regard to a mixed economy? -
ANSWER: Businesses in this model are owned by the state to ensure that
investments and practices are done in the best interest of the nation despite the
often opposing outcomes
A factory, located in a Mexican border town, that imports materials and equipment
on a duty and tariff-free basis for assembly or manufacturing and re-exports is called
a: - ANSWER: Maquiladora
Which of the following observations about NAFTA is INCORRECT? - ANSWER:
Mexican firms can now export goods into the European community only by paying a
heavy tariff
, MNCs are unwilling to put up high investments unless they are assured of: -
ANSWER: Operating control on their investment in telecommunications
Low-paid workers in India and Asian countries now are being given subcontracted
work such as: - ANSWER: Code-writing jobs
One analysis, cited in the text, reported that since the passage of the Foreign Corrupt
Practices act, U.S. exports to "bribe prone" countries: - ANSWER: Increased
_____ has placed pressure on MNCs to outsource production. - ANSWER: Mounting
cost pressure and profit expectations
The _____ holds that governments have the right to rule themselves as they see fit. -
ANSWER: Principle of Sovereignty
The _____ principle holds that every country has jurisdiction over behavior that
adversely affects its national security, even if that conduct occurred outside the
country. - ANSWER: Protective
The statute that makes it illegal to influence foreign officials through personal
payment of political contributions is referred to as the: - ANSWER: Foreign Corrupt
Practices Act
_____ law comes from the Marxist socialist system and continues to influence
regulations in former communist countries, especially those from the former Soviet
Union, as well as present-day China, Vietnam, North Korea and Cuba. - ANSWER:
Socialist
In a business context, individualism is synonymous with: - ANSWER: Capitalism
Political repression and denial of rights and civil liberties are dominant ideals of: -
ANSWER: Totalitarianism
Which of the following views the individual as part of rather than separate from
nature? - ANSWER: Eastern Philosophy
Development that meets humanity's needs without harming future generations is
termed as: - ANSWER: Sustainability
According to the latest corruption index of countries around the world specified in
the text, the least corrupt country is: - ANSWER: New Zealand
One of the major reasons why _____ remains a problem in Japan is that traditionally
many male managers regard female employees as mere secretaries and, following a
stereotype, feel that women employees will soon marry and leave the firm. -
ANSWER: Sexual Harassment
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