Global Management Quiz

15 Questions | By Kuro_kitsune | Updated: Jan 23, 2013 | Attempts: 505

Questions

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Questions and Answers

1.

Which of the following is not a method that is used to prepare workers for international assignments?
- A.
  
  Cultural Simulation
- B.
  
  Field Experience
- C.
  
  Foreign Language Class
- D.
  
  Documentary Training
Correct Answer
C. Foreign Language Class
2.

What is combined when companies form strategic alliances?
- A.
  
  Resources
- B.
  
  Risks
- C.
  
  Costs
- D.
  
  Technology
- E.
  
  People
- F.
  
  All of the above
Correct Answer
F. All of the above
3.

Joint ventures occur when two existing companies collaborate to form a third company.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True
4.

Trade barriers are government imposed regulations that increase the amount of exported goods and decrease the cost.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False
5.

Check off all of which you believe to be general trade barriers:
- A.
  
  Tariff
- B.
  
  Subsidies
- C.
  
  Customs Classification
- D.
  
  Quotas
- E.
  
  Policies
- F.
  
  Voluntary Export Restrains
Correct Answer(s)
A. Tariff
B. Subsidies
C. Customs Classification
D. Quotas
F. Voluntary Export Restrains
6.

________ is when companies produce products in their home countries and sell them for customers in foreign countries.

Correct Answer(s)
Exporting
7.

____________ is a relative cost of a standard set of goods and services in different countries.

Correct Answer(s)
Purchasing Power
8.

Policy uncertainty is the risk of major changes in political regimes that can result from war, revolution, social unrest, or other influential events.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False
9.

___________ are contractual arrangements between states concerning their trade relationships.

Correct Answer
Trade Agreements
10.

What does WTO stand for?
- A.
  
  World Tariff Organization
- B.
  
  World Training Organization
- C.
  
  World Trade Organization
Correct Answer
C. World Trade Organization
11.

Which country, as of February 2011, has the best business climate?
- A.
  
  Germany
- B.
  
  China
- C.
  
  France
- D.
  
  Japan
- E.
  
  Poland
Correct Answer
A. Germany
12.

Which of the following is not a part of the Four-Step Process of Political Risk Management?
- A.
  
  Access controls and plans
- B.
  
  Evaluate risks involved
- C.
  
  Map the political issues
- D.
  
  Determine acceptability of residual risk
- E.
  
  None of the above
Correct Answer
E. None of the above
13.

_{Like licensing and franchising, joint ventures help
companies avoid tariff and nontariff barriers to entry.}
- A.
  
  True
- B.
  
  False
Correct Answer
A. True
14.

Which of the following foreign companies is Apple's largest competitor?
- A.
  
  Nikon
- B.
  
  Sony
- C.
  
  Samsung
Correct Answer
C. Samsung
15.

The two factors that help companies determine potential growth of foreign markets are the foreign competitors and purchasing power.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

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Current Version
Jan 23, 2013

Quiz Edited by
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Mar 09, 2011

Quiz Created by
Kuro_kitsune

Global Management Quiz

Which of the following is not a method that is used to prepare workers for international assignments?

What is combined when companies form strategic alliances?

Joint ventures occur when two existing companies collaborate to form a third company.

Trade barriers are government imposed regulations that increase the amount of exported goods and decrease the cost.

Check off all of which you believe to be general trade barriers:

________ is when companies produce products in their home countries and sell them for customers in foreign countries.

____________ is a relative cost of a standard set of goods and services in different countries.

Policy uncertainty is the risk of major changes in political regimes that can result from war, revolution, social unrest, or other influential events.

___________ are contractual arrangements between states concerning their trade relationships.

What does WTO stand for?

Which country, as of February 2011, has the best business climate?

Which of the following is not a part of the Four-Step Process of Political Risk Management?

Like licensing and franchising, joint ventures help companies avoid tariff and nontariff barriers to entry.

Which of the following foreign companies is Apple's largest competitor?

The two factors that help companies determine potential growth of foreign markets are the foreign competitors and purchasing power.

_{Like licensing and franchising, joint ventures help
companies avoid tariff and nontariff barriers to entry.}