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






2. MNCs utilize Export maximums for generating...






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






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






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






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






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






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






9. 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






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






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






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






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






14. When market liberalization is delayed...






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






16. 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...






17. 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...






18. 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.






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






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






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






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






23. 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






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






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






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






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






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






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






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






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






32. 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...






33. 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.






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






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






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






37. MNCs may use ____________ to evaluate political risk






38. 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.






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






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






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






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






43. _____________ do not encourage the use of centralized decision-making






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






45. Social needs are...






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






47. 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.






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






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






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