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






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






4. 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.






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






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






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






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






10. 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...






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






12. 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.






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






14. 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






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






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






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






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






19. 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...






20. Not a quality needed to be a servant leader






21. 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.






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






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






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






25. 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...






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






27. MNCs may use ____________ to evaluate political risk






28. MNCs utilize Export maximums for generating...






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






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






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






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






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






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






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






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






37. When market liberalization is delayed...






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






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






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






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






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






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






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






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






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






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






48. Positive organizational scholarship does not include...






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






50. 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?