International Business

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Test 3: Chapter 5 and 6 - Attempt 1
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Question 1
Marks: --/1
Parochialism is ________.
Choose one answer.
| a. recognition of diverse religious beliefs | |
| b. a desire to leave one's own culture for a foreign culture | | | c. a tendency to view the world through a single perspective | | | d. acceptance of diverse points of view | |
Question 2
Marks: --/1
________ is a national culture attribute that places a high value on future occurrences. Choose one answer.
| a. Leisure orientation | |
| b. Power distance | |
| c. Long-term orientation | |
| d. Uncertainty avoidance | |
Question 3
Marks: --/1
Which of the following would you find in a country with a high power distance? Choose one answer.
| a. There is little respect for those in authority. | | | b. Titles, rank, and status carry a lot of weight. | | | c. Society accepts narrow differences in organizations. | | | d. Title carries little power, but status power is high. | | Question 4

Marks: --/1
The European Expansion (Scenario)

You have been hired by a company to look at the ways to best move the company into the European market, but you have to first determine what kind of company you are dealing with.

If the company that has hired you is primarily used by manufacturing organizations, it is a ________. Choose one answer.
| a. licensing company | |
| b. joint venture | |
| c. strategic alliance | |
| d. franchising company | |
Question 5
Marks: --/1
A ________ attitude is characterized by parochialism.
Choose one answer.
| a. acculturated | |
| b. geocentric | |
| c. ethnocentric | |
| d. polylinguistic | |
Question 6
Marks: --/1
The European Expansion (Scenario)

You have been hired by a company to look at the ways to best move the company into the European market, but you have to first determine what kind of company you are dealing with.

If the company that has hired you is really a partnership between an organization and a foreign company, in which both share resources and knowledge in developing new products, then it is a ________. Choose one answer.

| a. joint venture | |
| b. franchising company | |
| c. licensing company | |
| d. strategic alliance | |
Question 7
Marks: --/1
The degree to which forces in the task and general environment change and evolve over time is called Choose one answer.
| a. Organizational environment | |
| b. Global environment | |
| c. Environmental change | |
| d. Economic environment | |
Question 8
Marks: --/1
A New Assignment (Scenario)

Mary was given a new assignment to head up the European division for her multinational organization. Before leaving the United States o take up her new assignment she needs training to manage and understand the European division. 

Mary found that wealthier nations, such as the United States, tend to ________. Choose one answer.
| a. have high uncertainty avoidance | |
| b. be individualistic | |
| c. be collectivist | |
| d. have high power distance | |
Question 9
Marks: --/1
In an attempt to be more aggressive, a company might export and import more. These steps usually require ________. Choose one answer.
| a. conducting business in a polycentric manner | |
| b. abnormal operations for a geocentric organization | | | c. the establishment of strategic alliances | |
| d. minimal investment and minimal risk | |
Question 10
Marks: --/1
Joint ventures are a type of ________.
Choose one answer.
| a. franchise | |
| b. foreign subsidiary | |
| c. strategic alliance | |
| d. license | |
Question 11
Marks: --/1
A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country is called a ________. Choose one...
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