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






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






3. Although a number of approaches to decision-making are used around the world - the overall trend currently is toward...






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






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






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






7. As an organizational characteristic - _____ is the assigning of individuals to specific - well-defined tasks.






8. 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...






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






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






11. ______ risk issues often take forms such as industry regulation - taxes on specific types of business activity and various restrictive local laws.






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






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






14. Controls that use reports and other written forms of communication to control operations are...






15. 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...






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






17. The theory that focuses on how individuals go about setting goals and responding to them and the overall impact of this process on motivation is...






18. Training programs are useful in preparing people for overseas assignments for many reasons. These reasons can be put into two general categories which are...






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






20. 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.






21. When market liberalization is delayed...






22. 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






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






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






25. Over the past decade political risk has become...






26. 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.






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






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






29. One of the most important foci in _____ is the market and includes the role of all potential competitors and the relationships surrounding those competitors - such as affiliation with one another or the connection between the company and its custome






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






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






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






33. The top-ranking goal for professional technical personnel from various countries is...






34. Salary under Herzberg's theory is...






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






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






37. Not a quality needed to be a servant leader






38. 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.






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






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






41. MNCs utilize Export maximums for generating...






42. A global functional division structure is used primarily by...






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






44. 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.






45. 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?






46. Price controls - financing restrictions - export commitments - taxes and local-sourcing requirements are examples of...






47. MNCs may use ____________ to evaluate political risk






48. 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...






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






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