Test your basic knowledge |

International Management

Subject : business-skills
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. ______ risk issues often take forms such as industry regulation - taxes on specific types of business activity and various restrictive local laws.






2. _____ are local managers who are hired by the MNC.






3. This certification is becoming a necessary prerequisite to doing business in the EU and also is increasingly used as a screening criterion for bidding on contracts or getting business in the United States and other parts of the world.






4. These MNCs do all of their training at their headquarters.






5. William Ouchi's theory of leadership - which combines Japanese and U.S. assumptions and approaches to leader behavior is referred to as...






6. MNCs utilize Export maximums for generating...






7. An individual from a host-country or a third-country national who is assigned to work in the home country is a...






8. A structure under which global operations are organized on a geographic rather than a product basis is referred to as a...






9. The seizure of businesses by a host country with little - if any - compensation to the owners is referred to as...






10. As a general statement - most evidence indicates that European managers tend to use this approach to leadership.






11. A multinational structural arrangement that combines elements of function - product and geographic designs - while relying on a network arrangement to link worldwide subsidiaries is referred to as a...






12. In general - some evidence suggests that testing is...






13. MNCs attempt to manage political risk through a quantification process - to derive an overall rating of the degree of political risk in a given jurisdiction. However they can't quite quantify...






14. Typically - MNCs utilizing this approach to strategic planning use a country-centered or multi-domestic strategy.






15. A structural arrangement that handles all international operations out of a division created for this purpose is referred to as a...






16. To motivate employees - especially in foreign countries with high individualism companies tend to offer...






17. The external control process differs from the internal control in that the external control...






18. The process of providing goods and services in accord with a plan of action is...






19. When the need for national responsiveness is low and the need for global integration is also low - which of the following strategies would be appropriate?






20. Which of the following MNCs places local nationals in key positions and allows these managers to appoint and develop their own people?






21. The first assumption about the motivation process is that it is...






22. Which type of leadership is popular in many technologically advanced countries?






23. A structural arrangement in which domestic divisions are given worldwide responsibility for product groups is referred to as a...






24. A key success factor is a factor that is necessary for a firm to compete effectively in a...






25. Kaizen is a Japanese term that means...






26. The theory behind_____ is quite simple. The MNC works to maintain a stronger bargaining power position than that of the host country.






27. ________ are designed to tap specialized expertise or other resources in the company's worldwide subsidiaries.






28. These leaders are visionary agents with a sense of mission - who are capable of motivating their followers to accept new goals and new ways of doing things.






29. Which of the following leaders takes action or intervenes in situations only when standards are NOT met?






30. In a ____ investment - the goods or services produced are NOT similar to those produced at home.






31. In work motivation - factors internally controlled - such as responsibility - achievement and the work itself are referred to as...






32. These agreements typically require payment of a fee upfront and then a percentage of the revenues.






33. This strategy is appropriate when the need for national responsiveness is low and the need for globalization integration is high.






34. The return to one's home country from an overseas management assignment is referred to as...






35. The output control in which profit responsibility is shared with product and geographic units is characteristic of a...






36. In recent years_______ risk analysis has become of increasing concern to MNCs because of the growing number of countries that are finding their economies in trouble as in Southeast Asia or even worse - unable to make the transition to a market-drive






37. According to this theory - a great deal of creative potential basically goes untapped and if these abilities can be tapped - workers will provide much higher quantity and quality of output.






38. This is an agreement in which two or more partners own and control an overseas business.






39. Work-motivation theories can be broken down into two general categories which are...






40. The adjustment model of the selection procedure for international assignments would include...






41. An approach to developing an expatriate compensation package that involves giving the expat a predetermined amount of money and letting the individual make his/her own decisions regarding how to spend it is referred to as the...






42. The objectives of the foreign operation and the ___________ are similar






43. A legal system that requires workers and their managers to discuss major decisions is referred to as....






44. The two-factor theory of motivation holds that two sets of factors influence job satisfaction. These are...






45. These leaders expect everyone to work hard; in turn - the employees will be guaranteed employment and given security benefits such as medical and retirement programs.






46. _______ investments involve the production of goods or services that are the same as those produced at home.






47. Most research in international human resource management has been _____ - because these theories examine motivation in more general terms and are more useful in creating a composite picture of employee motivation in a particular country or region.






48. Positive organizational scholarship does not include...






49. Expatriate salaries typically are set according to the base pay of...






50. According to Bass - the most effective leaders were characterized by four interrelated factors. These are...