Do International Labour Standards Help in Eliminating Poverty in Developing Countries?

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Question 16) A strategy that can exploit local differences and achieve global efficiencies is called: [pic]a) Transnational (Correct Answer)
[pic]b) Global
[pic]c) Multi-domestic
[pic]d) International

Question 17) Bartlett and Ghoshal (1990) distinguish between an organization's anatomy, physiology and psychology. The anatomy is the organization's: [pic]a) Structure (Correct Answer)
[pic]b) Culture
[pic]c) Systems and procedures
[pic]d) Values

Question 18) Organizations that are good at developing relevant capabilities to respond to a changing context are known as: [pic]a) Knowing organizations
[pic]b) Stretch organizations
[pic]c) Learning organizations (Correct Answer)
[pic]d) Asorptive organizations

Question 19) What fifth dimension was added later to Hofstede's framework of culture? [pic]a) Long-term orientation (Correct Answer)
[pic]b) Uncertainty avoidance
[pic]c) Specific - diffuse
[pic]d) Individualism

Question 20) Which of the following attributes is not seen as being necessary for an organization to become a 'learning organization'? [pic]a) Cultural diversity (Correct Answer)
[pic]b) Top management commitment
[pic]c) Openness to new ideas
[pic]d) Willingness to experiment and risk making mistakes
Question 21) An organization that is owned by shareholders but managed by agents on their behalf is conventionally known as the modern: [pic]a) Conglomerate
[pic]b) Corporation (Correct Answer)
[pic]c) Company
[pic]d) Firm

Question 22) What makes a corporation distinct from a partnership? [pic]a) If the members of a corporation die, the corporation remains in existence providing it has capital (Correct Answer) [pic]b) If the members of a corporation die, the corporation ceases to exist [pic]c) A corporation cannot own property

[pic]d) A corporation cannot be held responsible for the illegal acts of its employees

Question 23) The view that sees profit maximization as the main objective is known as: [pic]a) Shareholder theory...
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