Test Bank For Management Global 15th Edition By Stephen P. Robbins Chapters 1 - 18, Complete
Management Global, 15th Edition By Stephen P. Robbins, Verified Chapters 1 - 18, Complete Newest Version
Management Global, 15th Edition By Stephen P. Robbins, Verified Chapters 1 - 18, Complete Newest Version
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TEST BANK For Management Global, 15th Edition By Stephen
P. Robbins, Verified Chapters 1 - 18, Complete Newest Version
1. Aldhurst Corp., a software manufacturing firm in Lochmount, a European country,
bought Fairden Corp., a software manufacturing firm in Vertholt, an Asian country.
This scenario is an example of _____.
a.a strategic alliance
b.direct foreign investment
c.licensing
d.a joint venture - ANSWER: b
2. Oldhust Corp., an electronics company in the country of Bigmount, bought
Specden Corp., an electronics company in the country of Vertholt. This scenario is an
example of _____.
a.strategic alliance
b.direct foreign investment
c.direct export
d.joint venture - ANSWER: b
3. PriemCrest, an oral care company in the country of Holtmont, bought an oral care
company called SerenCrest in the country of Hofstadden. This scenario is an example
of _____.
a.strategic alliance
b.direct foreign investment
c.direct export
d.joint venture - ANSWER: b
4. Lochmonden already has a company registered under the name of CreateOne. The
Aldemeren company with the same brand name was not able to enter Lochmonden
market. Hence, the Aldemeren CreateOne had to start a new company in the name
of OneCreate to enter the market in Lochmonden. This scenario is an example of
_____.
a.strategic alliance
b.direct foreign investment
c.direct export
d.joint venture - ANSWER: b
5. Bardron, an information technology company in the country of Conimount,
wanted to start its business in the country of Bertholt. Hence, it bought Lecden Corp,
a severely underperforming information technology company in the country of
Bertholt. This scenario is an example of _____.
a.strategic alliance
b.direct foreign investment
c.direct export
,d.joint venture - ANSWER: b
6. DepDevs, an investment company in the country of Onimount, has purchased
several small companies in Primelom, a third world country. DepDevs plans to revive
these companies by investing their funds in them and improving their performances
in the market. This scenario is an example of _____.
a.strategic alliance
b.direct foreign investment
c.direct export
d.joint venture - ANSWER: b
7. Hutlot Corp., a clothing company in the country of Pretnola, bought a small
clothing company named Midlews in the country of Limlouth. Hutlot is going to sell
its own designs through Midlews, and it believes that this venture will be extremely
successful. This scenario is an example of _____.
a.strategic alliance
b.direct foreign investment
c.direct export
d.joint venture - ANSWER: b
8. Jimland's government has severe restrictions toward the entry of foreign
companies into the country. A foreign company interested in Jimland would have to
purchase an existing company in order to conduct its business there. Hence,
companies can only enter Jimland through a _____.
a.strategic alliance
b.direct foreign investment
c.direct export
d.joint venture - ANSWER: b
9. _____ is a government's use of trade barriers to shield domestic companies and
their workers from foreign competition.
a.Protectionism
b.Developmentalism
c.Economic nationalism
d.Centralism - ANSWER: a
10. Which of the following best defines a tariff?
a.It is a specific limit on the volume of imported goods.
b.It is a direct tax on imported goods.
c.It is a complete ban on trade of a certain item.
d.It is a limit on the number of products exported to a particular country. - ANSWER:
b
11. Unlike nontariff barriers, tariffs _____.
a.decrease the cost of exported goods
b.increase the cost of imported goods
c.are direct taxes on imported goods
, d.are nontax methods of reducing the volume of imported goods - ANSWER: c
12. _____ are defined as nontax methods of increasing the cost or reducing the
volume of imported goods.
a.Nontariff barriers
b.Grants
c.Nonresident barriers
d.Quorums - ANSWER: a
13. _____ are specific limits on the number or volume of imported products.
a.Tariffs
b.Quotas
c.Subsidies
d.Embargoes - ANSWER: b
14. In the context of nontariff barriers, which of the following is a similarity between
quotas and voluntary export restraints?
a.Both impose a complete ban on any kind of trade with a specific country.
b.Both limit the amount of a product that can be imported annually.
c.Both are imposed by the exporting country rather than the importing country.
d.Both levy a direct tax on imported goods. - ANSWER: b
15. The difference between voluntary export restraints and quotas is that:
a.unlike quotas, voluntary export restraints limit the amount of a product that can be
imported annually.
b.unlike quotas, voluntary export restraints are imposed by the importing company.
c.unlike quotas, voluntary export restraints limit the amount of a product that can be
exported annually.
d.unlike quotas, voluntary export restraints are imposed by the exporting company. -
ANSWER: d
16. In the context of nontariff barriers, _____ include government loans, grants, and
tax deferments given to domestic companies to protect them from foreign
competition.
a.export restraints
b.embargoes
c.quotas
d.subsidies - ANSWER: d
17. Which of the following trade barriers is established to protect the health and
safety of citizens?
a.Tariffs
b.Quotas
c.Government import standards
d.Voluntary export restraints - ANSWER: c
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