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. Not a quality needed to be a servant leader






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






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






4. 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...






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






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






7. 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






8. 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.






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






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






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






12. 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...






13. 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.






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






15. When market liberalization is delayed...






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






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






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






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






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






21. 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...






22. 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.






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






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






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






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






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






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






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






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






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






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






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






34. 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...






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






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






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






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






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






40. 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






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






42. Social needs are...






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






44. 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.






45. An organizational strategy and the accompanying techniques that result in the delivery of high-quality products or services to customers is referred to as...






46. MNCs utilize Export maximums for generating...






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






48. As far as __________ are concerned - European firms are as centralized than American firms






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






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