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Test your basic knowledge |
International Management
Start Test
Study First
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.
Micro
Idealized influence - inspirational motivation - intellectual stimulation and individualized consideration
Market niche
Joint venture
2. MNCs utilize Export maximums for generating...
Horizontal
Universal
the need for power and status
foreign currency
3. A structural arrangement in which domestic divisions are given worldwide responsibility for product groups is referred to as a...
Macro
Entrepreneurship
Global product division structure
Ethnocentric
4. These MNCs do all of their training at their headquarters.
Ethnocentric
Continuous improvement
corporate objectives
Heterogeneous product lines
5. Over the past decade political risk has become...
A vital area for MNCs to assess and manage
Inpatriate
Training and previous experience
The home country
6. ______ risk issues often take forms such as industry regulation - taxes on specific types of business activity and various restrictive local laws.
Micro
Job content factors
Entrepreneurship
Global product division structure
7. Which of the following leaders takes action or intervenes in situations only when standards are NOT met?
the need for power and status
Goal-setting theory
Passive management-by-exception leader
Content and process
8. The seizure of businesses by a host country with little - if any - compensation to the owners is referred to as...
Expropriation
Strategy implementation
Entrepreneurship
Global product division structure
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
Theory Y
Hygiene - motivators
Environmental scanning
Continuous improvement
10. Although a number of approaches to decision-making are used around the world - the overall trend currently is toward...
Centralization
Inpatriate
Universal
Global product division structure
11. As far as __________ are concerned - European firms are as centralized than American firms
Not extremely popular among MNCs
corporate objectives
Training
Control measures
12. Price controls - financing restrictions - export commitments - taxes and local-sourcing requirements are examples of...
Operational risks
ISO 9000
Macro
Followers
13. ________ are designed to tap specialized expertise or other resources in the company's worldwide subsidiaries.
Centralization
Specialized operations
Codetermination
Financial incentives
14. When market liberalization is delayed...
It gives first movers a significant advantage over later entrants
Micro
International
the need for power and status
15. The theory behind_____ is quite simple. The MNC works to maintain a stronger bargaining power position than that of the host country.
Global
the need for power and status
Organizational and personal
Ralative bargaining power
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...
Operational risks
Not extremely popular among MNCs
Theory Y
Social conditions
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...
Lump-sum method
Passive management-by-exception leader
Operational risks
Strategy implementation
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.
Global
Transformational
Encourages harmony - responsiveness and sensibility
The home country
19. A structural arrangement that handles all international operations out of a division created for this purpose is referred to as a...
Training
International division structure
Expropriation
Lump-sum method
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...
Specialization
Organizational and personal
Job content factors
Theory Z
21. _____ are local managers who are hired by the MNC.
Host-country nationals
Regional instabilities
Global area division structure
Polycentric
22. The output control in which profit responsibility is shared with product and geographic units is characteristic of a...
Social conditions
Matrix structure
International
Continuous improvement
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
Control measures
Codetermination
Training
Macro
24. As an organizational characteristic - _____ is the assigning of individuals to specific - well-defined tasks.
Host-country nationals
Specialization
corporate objectives
Training and previous experience
25. According to Bass - the most effective leaders were characterized by four interrelated factors. These are...
Idealized influence - inspirational motivation - intellectual stimulation and individualized consideration
Indirect
Horizontal
foreign currency
26. In general - some evidence suggests that testing is...
Goal-setting theory
Theory Y
Not extremely popular among MNCs
Content and process
27. The adjustment model of the selection procedure for international assignments would include...
Training and previous experience
foreign currency
Organizational and personal
Codetermination
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...
Indirect
Total quality management
Joint venture
Content-oriented
29. The top-ranking goal for professional technical personnel from various countries is...
Ethnocentric
Control measures
Transformational
Training
30. _______ investments involve the production of goods or services that are the same as those produced at home.
Passive management-by-exception leader
Followers
Horizontal
Conglomerate
31. A structure under which global operations are organized on a geographic rather than a product basis is referred to as a...
Specialization
Host-country nationals
Global area division structure
A hygiene factor
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...
Goal-setting theory
ISO 9000
The home country
Global product division structure
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.
foreign currency
Lump-sum method
Content-oriented
Participative
34. A key success factor is a factor that is necessary for a firm to compete effectively in a...
Market niche
Global
Participative
Training and previous experience
35. This strategy is appropriate when the need for national responsiveness is low and the need for globalization integration is high.
Operational risks
Codetermination
foreign currency
Global
36. Salary under Herzberg's theory is...
Lump-sum method
Horizontal
Host-country nationals
A hygiene factor
37. MNCs may use ____________ to evaluate political risk
Regional instabilities
Not extremely popular among MNCs
Joint venture
Matrix structure
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.
Specialization
Goal-setting theory
Not extremely popular among MNCs
Paternalistic
39. In work motivation - factors internally controlled - such as responsibility - achievement and the work itself are referred to as...
Strategy implementation
Job content factors
Heterogeneous product lines
Conglomerate
40. As a general statement - most evidence indicates that European managers tend to use this approach to leadership.
Strategy implementation
Operational risks
A vital area for MNCs to assess and manage
Participative
41. In a ____ investment - the goods or services produced are NOT similar to those produced at home.
Content-oriented
Conglomerate
Extractive companies
International
42. The return to one's home country from an overseas management assignment is referred to as...
Followers
Control measures
A vital area for MNCs to assess and manage
Repatriation
43. _____________ do not encourage the use of centralized decision-making
Entrepreneurship
A hygiene factor
Universal
Heterogeneous product lines
44. The process of providing goods and services in accord with a plan of action is...
Strategy implementation
The home country
Universal
Transnational network structure
45. Social needs are...
the need for power and status
Lump-sum method
Operational risks
Goal-setting theory
46. Kaizen is a Japanese term that means...
International division structure
Continuous improvement
Job content factors
Training and previous experience
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.
Codetermination
Global area division structure
Idealized influence - inspirational motivation - intellectual stimulation and individualized consideration
Theory Y
48. To motivate employees - especially in foreign countries with high individualism companies tend to offer...
ISO 9000
Extractive companies
Global area division structure
Financial incentives
49. A global functional division structure is used primarily by...
Hygiene - motivators
Ralative bargaining power
Specialized operations
Extractive companies
50. Controls that use reports and other written forms of communication to control operations are...
Codetermination
Indirect
Repatriation
Transformational