MNB3701 – Principles Of Global Business Management (MNB3701)
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DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK IS NOT
PREPARED NOR APPROVED BY UNISA; RATHER REPRESENTS POSSIBLE SOLUTIONS TO
THE POSSIBLE QUESTIONS CONSISTENT WITH PRINCIPLES OF GLOBAL BUSINESS
MANAGEMENT (MNB3701). THIS FRAMEWORK IS ONLY INTENDED TO ASSIST STUDENTS IN
GETTING STARTED WITH THEIR ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD
BE USED FOR CHEATING. WE BELIEVE THE FRAMEWORK WILL BE A GOOD STARTING
POINT AS IT WAS PREPARED BY OUR TEAM OF PROFESSIONAL PRIVATE TUTORS WHO
ARE EXPERTS IN THE FIELD, AND IT WAS PREPARED USING VARIOUS SOURCES. THE
AUTHORS HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE
MODIFICATION OF THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT BE
PROHIBITED AS IT CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY FURTHER
GUIDELINE ABOUT THE INFORMATION CONTAINED HERE AND THE MODULE IN
GENERAL, CONTACT BMZ ACADEMY.
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Question text
Which of the following refers to the exclusive rights of a firm to use specific names, brands
and designs?
a.
Ownership of a corporation
b.
Ownership of a house
c.
Trademarks
d.
Collateral
Question text
Which one is NOT a formal institutional consideration for management when entering a
foreign country?
a.
Do your homework by developing a thorough understanding of formal institutions
b.
Beware of small institutional differences among superficially similar countries
c.
Develop cultural intelligence in terms of awareness, knowledge and skills
d.
Anticipate changes in formal institutions by engaging in processes
****************
Question text
Which of the following indicates, in terms of culture dimensions, low power distance?
a.
Colleagues addressing each other by first name
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b.
The lack of a first-class compartments in trains
c.
Addressing your manager with her first name
d.
A comprehensive welfare-state
Question text
The cost of living varies between nations, and this is measured by the _________.
a.
gross domestic products (GDP)
b.
purchasing power parity (PPP)
c.
gross national product (GNP)
d.
gross national income (GNI)
Question text
The members of short-term orientation societies commonly prefer ________.
a.
high savings rate and ambitions
b.
low savings rate and quick results
c.
quick results and instant gratification
d.
high ambitions and instant gratification
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