IBUS 330

QUIZ #2

The end of the Cold War in 1989 hindered the forces of market liberalization in Eastern Europe. FALSE

Highly advanced internationalizing firms seek a simultaneous presence in which of the following trading regions? North America, Europe, and Asia.

American football is NOT a symbol of US nationalism. FALSE

Which of the following represents the final stage in firm’s value chain? Distribution & after-sales service

Which of the following countries are considered to be the beachheads of technological advances? China and India

American football is similar to American culture in the follow ways: Intense competition, consistent aggressiveness, constant movement, high degree of specialization, all of these

The Great Depression marked the beginning of the second phase of globalization. False

Which of the following countries has the lowest gross national income (GNI) per person? India

American football is metaphorical representation of an assortment of _____ shared in the US. Common beliefs and ideals

Over time, the GATT evolved into which of the following? World Trade Organization

Which of the following is the most transformative technology for developing economies? Cell phone

American football is a ______ sport, yet the _____ is glorified and celebrated. Team, individual

The president of the United States of America is currently George W. Bush. False

Technological advances have had their greatest impact in all of the following areas except _____. Financial services

One contribution of the World Trade Organization is to help maintain reduced trade barriers throughout the world. True

Internationalization Conference (Scenario): At a conference on business internationalization strategies, representatives of three different businesses meet to discuss a joint venture between their companies. Business A is located in a country that internationalized during the second phase of globalization. Business B is based in a country that internationalized during the third phase of globalization. Business C is located in an emerging market country. United Kingdom

In advanced regional economic integration blocs such as the “common market.” Barriers are removed to the cross-border flow of factors of production. True

Value-chain activities are defined as which of the following? The sequence of value-adding activities performed by a firm

The United States of America is the most populous country in the world. False

The broadening set of interdependent relationships among people from different parts of the world is known as ______. Globalization

QUIZ #3

What is the currency of Japan? Yen

According to the low-context-high-context theory, in which of the following countries should advertisements be fact-oriented? Switzerland

What percentage of information some transmits among members of a culture means other than language? 80-90 percent

According to Sharia law, interest payments are required in business transactions. False

Which country listed below is a group-focused society? Japan

The attitude that parents should be treated as superiors is common in a culture characterized by power respect. True

Which country listed below is a group-focused society? Japan

Respect of _____ is balanced by valuing the strength of the group. Individuality

Aesthetically, _____ is one of the clearest reflections of the culture and people of Japan. The Japanese garden

Family is more important to business in the U.S. than it is in China. False

Because English is the common language of business, experts believe that managers from English- speaking nations do not need to learn foreign languages. False

For what source do cultural changes usually occur? External forces

The three physical elements from which the Japanese garden is made are: plants, stones and water

Many Spanish firms have chosen to focus their international expansion efforts on Spanish-speaking area in Americas. This is an example of: cultural cluster

Which virtue of a job candidate would most likely NOT be perceived as valuable by a Japanese employer? Individualism

What percent of people live below the poverty line in Japan? 16%

Gender inequality and unequal distribution of power between groups remains a challenge to Japan’s progression in the world market. True

Dr. Nicholson defines a cultural value as a _____ viewpoint or orientation regarding a _____ universal problem faced by all societies or cultures. Differential, common

Social structure is best defined as the _____. Overall framework that determines the roles of individuals within a society

Social stratification refers to how people in society are _____. Categorized by attributes

QUIZ #4

When a company does business in another country whose official language is the same s its home country’s the company should most likely _____. Realized that words may have different meanings

Which of the following is an example of an acquitted group membership? Religion

What percentage of Saudi Arabians officially are Muslims? 100%

There is a strong correlation between the intensity of religious belief and attributes that lead to economic growth, such as obeying laws and thriftiness. True

In the textbook in the opening case of Saudi Arabia, people in the port city of Jeddah were less culturally conservative than people in the interior of the country. The most likely reason for this is that _____. People in the port cities have more contact with foreigners

Based on the hierarchy-of-needs theory, in which of the following would fulfillment of lower-order needs be the best motivator? Very poor counties

The cultural on Saudi Arabia used _____ as metaphor for Saudi culture. Bedouin jewelry

Change agents intentionally cause or accelerate social and cultural change. True

Which of the following is true about the way Saudis conduct business? They may conduct more than one negotiation at the same time in the same office

American hamburgers, Japanese tacos, Middle Eastern pit bead are now commonly in most counties. Cultural hybridization is occurring

Salient features of Bedouin jewelry include: handcrafted appearance, traditional design, bold form, female ownership, all the above

What is the GDP per capita of Saudi Arabia? $24,000-$26,000

Cultural change imposed by an alien culture is called _____. Cultural imperialism

A culture with a preference for a problem-solving style that first settles principles is a pragmatic culture. False

The identity of a nation is typically promoted through symbols, monuments and museums: True

In a culture, people tend to regard seemingly peripheral information as pertinent to decision making and infer meanings from things that people say either indirectly or casually. High-context

Which of the following is NOT true about cultural diversity?  Cultural diversity may help company gain deeper knowledge about products and services.

International businesspeople need to understand social stratification systems where they do business because _____.  Such systems indicate who people in a given culture will respect more

The Arabic language first evolve in the land that is now Saudi Arabia. True

A culture that prefer to first settle general principles rather than small issues is most accurately characterized as _____. Idealist

QUIZ #5

What is the currency of Canada? Canadian Dollar

The _____ of compensation bases an expatriate’s compensation on the prevailing pay scales in the locale of the foreign assignment. Headquarters-based method

English is the only official language of Canada. False

Which of the following is NOT an area in which repatriation strain is evident? Change in technical competence

The ____ component of HRM is concerned with selecting the right employees for particular jobs. Staffing policy

Executives from the home office typically demand richer compensation packages and impose higher relocation costs than third-country nationals do. True

Dixon Manufacturing, a British MNE, believes that its business practices are superior, so it does not make any policy changes in foreign markets. Dixon Manufacturing most likely takes an ______ approach to staffing. Ethnocentric

Which of the following has LEAST likely led to the increased demand for expatriate talent? Ethnocentrism

According to research, it is most difficult for expatriates in _____ to find accommodations, locate health care, and set up finances. Saudi Arabia

Canadians dislike being mistaken for _____.  US Americans

According to the text which of the following is the most important competency for an expatriate? Cultural intelligence

Which of the following most accurately describes the current state of HRM efforts to staff international operations? There are historic shortages of executive talent for international assignments

The MNE that aims to control the transfer of its unique core competencies overseas usually prefers an ethnocentric staffing policy. True

Practical predeparture training for the expatriate is often geared toward developing his or her sensitivities to overcome culture fright. False

Today, most expatriate assignments are for _____. Less than one year

Problems often faced in repatriating executives from foreign assignments to the home nation include which of the following? The returning expatriate has less social status and autonomy than when abroad.

Canadians and Americans are more culturally _____ than not. Alike

Canadians prefer to be misidentified as US Americans. False

Canadians prefer to view their culture as a _____. Mosaic

A geocentric staffing policy is one in which all key management positions throughout the company’s global operations are filled by hose country nationals. False

QUIZ #6

Vietnamese value maintaining deep, interconnected relationships, even in business. This value is said to have contributed to increase corruption and  _____ in the state. Nepotism

North Korea is an example of which of the following type of government? Totalitarian

The “for tigers’ of Asia-Hong Kong, Singapore, South Korea,  and Taiwan built strong market economies in the absence of truly democratic practices. True

In which of the following countries do citizens vote directly on many national issues? Switzerland

Which of the following terms refers to the devotion of a people to their nation’s interest and advancement? Nationalism

A political system that is under the control of totalitarian religious leaders is called secular totalitarianism. False

North and South Vietnam are now unified, and they share the same culture with no differences. False

A person with intellectual property rights to resource can license that resource in exchange for royalty payments. True

Totalitarianism, anarchism and pluralism are three aspects of which of the following: Political Ideologies

What is the currency of Vietnam? Dong

A participative democracy combined with free markets and property rights guarantees strong economic growth. False

The Foreign Corrupt Practices Act forbids U.S. companies from _____ government officials or political candidates in other nations. Bribing

The Nike “Swoosh” is an example of a _____. Trademark

The belief that both private and public groups play important roles in a nation’s political activates is called _____. Pluralism

Which of the following is NOT a method of employing the risk management strategy of adaptation? Lobbying

The metaphor of Don Ganh is reflected in the following aspects of Vietnam culture except: The balance of hierarchy and egalitarianism

A manager from a small US company secures an important contact with the government of India to build new hospitals in several major cities by offering free accommodation, valued at more than $1000 USD, to a top Indian government official. Is this a breach of the Foreign Corrupt Practices Act and what is the reason? Yes, A bribe can be anything of value, at any amount, not necessarily money.

Which of the following terms refers to the forced transfer of assets from a company to the government without compensation? Confiscation

Don Ganh is: a pole with a basket suspended at both ends, used to carry things

Vietnam would be considered a representative democracy in terms of official political system. False

QUIZ #7

Russian is the official language of Russia. True

Economic development is a measure for gauging the economic well-being of one nation’s people as compared with that of another nation’s people. True

What is the approximate GDP per capita of Russia according to the CIA World Factbook?  $17,000 to $21,000 USD

Nations having the poorest infrastructures and lowest personal incomes are called ________.  developing countries

Russian ballet mirrors Russian culture in all of the following ways EXCEPT __________. Individualism

A dramatic tool borrowed from the ballet, vranya means _________ and is consistent with Russian behavior, even in business. Bluffing

Interfering with the price mechanism violates a fundamental principle of the market economy. True

When one company is able to control a product's supply, and therefore its price, it is considered a(n) ________. Monopoly

Nations are commonly classified as being either developed, newly industrialized, or developing. True

The success of Russian ballet can be partially attributed to its collectivist culture. True

Market economics is rooted in which of the following beliefs? Individual concerns should be placed above group concerns.

Unstable economies are often characterized by ________.  high inflation and high unemployment

Strangers may view Russians as ___________; yet as soon as the new relationship is built, Russians seem to be_____________. serious and unexpressive; warm and helpful

Which of the following is/are the most widely used measure(s) of economic development? GNP and GDP

An American-owned business based in Russia is having trouble meeting its payroll. Which of the following would be most effective for the business to use for bartering purposes? Vodka

The concept of Purchasing Power Parity (PPP) must be applied to understand the true value of a currency in its home country. True

Which of the following is the main goal of privatization? Increase economic efficiency

The sale of government-owned economic resources to private operators is called ________. Privatization

A company is researching new markets by comparing potential countries in terms of their human development index (HDI) scores. The company most likely choose? Japan

Which of the following would most likely characterize a nation with a high degree of economic freedom? Low tariffs