We have sent an email with your new password.


Chapter 8 Quiz Mgmt

34 Questions  I  By Trarnold
Chapter 8 Quiz MGMT
MGMT Quiz Ch. 8 Chuck Williams in correspondence with BA 3305 TTU

  
Changes are done, please start the quiz.


Question Excerpt

Removing question excerpt is a premium feature

Upgrade and get a lot more done!
1.  All of the following are disadvantages to exporting, except:
A.
B.
C.
D.
2.  Local adaptations are when a multinational company
A.
B.
C.
D.
3.  Voluntary export restraints are defined as: 
A.
B.
C.
D.
E.
4.  The Maastricht Treaty transferred _____ different economies in to the European Union, and converted their form of currency to the __________.
A.
B.
C.
D.
E.
5.  Disadvantages of global joint ventures include all of the following, except:
A.
B.
C.
D.
6.  The World Trade Organization (WTO) is the successor of the GATT.
A.
B.
7.  The four stages of "The Phase Model of Globalization" are: 
A.
B.
C.
D.
8.  Companies from many countries own businesses in the US, and US companies have made large direct foreign investments in countries throughout the world. However, it is unlawful for a US Company to have more investments in foreign markets than its domestic markets.
A.
B.
9.  Direct foreign investment throughout the world is an increasingly important and common method of conducting global business.  
A.
B.
10.  The General Agreement on Tariffs and Trade (GATT) is a ______________ trade agreement that ____________ and _____________ tariffs, ________________ government subsidies, and established protections for ______________ property. It features _______ countries. 
A.
B.
C.
D.
E.
11.  Global consistency is when a multinational company 
A.
B.
C.
D.
12.  If multinational companies lean too much toward _____________, they run the risk of using management procedures poorly-suited to particular countries' markets, cultures, and employees. 
A.
B.
C.
13.  An ideal global location for doing business is characterized by:
A.
B.
C.
D.
E.
14.  Global joint ventures are the most common strategic alliance.
A.
B.
15.  Direct foreign investment is a method of investment in which a company ______________ a/an __________ business or ___________ an existing business in a foreign country. 
A.
B.
C.
D.
E.
16.  The regional trading zones include all of the following, except: 
A.
B.
C.
D.
E.
17.  Disadvantages to licensing include
A.
B.
C.
D.
E.
18.  The United States belongs to which of the following regional trading zones?
A.
B.
C.
D.
E.
19.  If companies focus too much on _________________, they run the risk of losing the cost efficiencies and productivity that result from using standardized rules and procedures throughout the world. 
A.
B.
C.
20.  There are two types of cooperative contracts, these are:
A.
B.
C.
D.
E.
21.  Disadvantages to franchising include:
A.
B.
C.
D.
22.  The phase model of globalization is when companies make the transition from a _____________ company to a ____________ company in ______________ stages.
A.
B.
C.
D.
23.  A global new venture is characterized by skipping the phase model through three trends. These are: 
A.
B.
C.
D.
24.  Tariffs are a/an ____________ tax on ____________ goods.
A.
B.
C.
D.
25.  Government subsidies are defined as 
A.
B.
C.
D.
E.
26.  Cooperative contracts are an agreement in which a foreign business owner pays a company a fee for the right to conduct business in his/her country.
A.
B.
27.  Non-tariff barriers are ___________ methods of ___________ the cost or ____________ the volume of __________ goods. 
A.
B.
C.
D.
E.
28.  Government import standards are defined as: 
A.
B.
C.
D.
E.
29.  Quotas are defined as:
A.
B.
C.
D.
E.
30.  Global business is the ____________ and ___________ of good and services from _____________ countries.
A.
B.
C.
D.
31.  Customs classification is defined as: 
A.
B.
C.
D.
E.
32.  GATT made it more difficult and more costly for consumers in all countries to buy foreign products. 
A.
B.
33.  Trade Barriers are government imposed regulations that ______________ the cost and ___________ the _______________ of ____________ goods. 
A.
B.
C.
D.
34.  Non-tariff barriers include all of following except: 
A.
B.
C.
D.
E.
Back to top

Removing ad is a premium feature

Upgrade and get a lot more done!
Take Another Quiz