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International environment

1. _______ can divide a small market into even smaller ones.
  1. Climate
  1. Highways
  1. Rivers
  1. Mountains
 
2. Hong Kong is seen as a more desirable location for foreign firms than Shanghai because
  1. Hong Kong has a tradition of law adopted from British colonialism.
  1. Shanghai’s main language is Mandarin, while Hong Kong’s is Cantonese.
  1. Hong Kong remains a British colony.
  1. the Chinese government has given Hong Kong dispensation to act as a sovereign nation.
 
3. _______ is a category of renewable energy fuels based on photosynthesis.
  1. Hydropower
  1. Biomass
  1. Wind power
  1. Geothermal
 
4. Hiring and promoting employees on the basis of the specific local context in which the subsidiary operates refers to a/an _______ orientation.
  1. polycentric
  1. geocentric
  1. regiocentric
  1. ethnocentric
 
5. Only _______ percent of ICs have repatriation programs.
  1. 49
  1. 5
  1. 60
  1. 10
 
6. A/An _______ is a large exhibition where companies maintain booths to promote product sales.
  1. trade fair
  1. interview
  1. field trip
  1. cost-benefit analysis
 
7. After Saudi Arabia, the country with the greatest heavy oil reserves is
  1. Iran.
  1. Venezuela.
  1. Canada.
  1. Iraq.
 
8. Laws designed to prevent price fixing, market sharing, and business monopolies are called
  1. purchasing power parity (PPP).
  1. antitrust laws.
  1. fair trade regulations.
  1. consensus policies.
 
9. Only the continent of _______ lacks inland waterways.
  1. North America
  1. South America
  1. Australia
  1. Asia
 
10. The broad purpose of market screening is to
  1. pinpoint the most attractive prospects.
  1. keep track of competitors’ activities.
  1. compare geographic and product structures.
  1. make decisions on organizational structure.
 
11. The two components of material culture are technology and
  1. materials.
  1. purchasing.
  1. aesthetics.
  1. economics.
 
12. When skilled workers migrate in search of professional and economic opportunities, it’s called
  1. labor quality.
  1. brain drain.
  1. competitive labor.
  1. market forces.
 
13. Matters involved in a contract between businesses in two different countries are resolved through
  1. public international law.
  1. bilateral treaties.
  1. OECD intervention.
  1. private international law.
 
14. ICs pay _______ when the host-country taxes are higher than home-country taxes.
  1. bonuses
  1. housing allowances
  1. tax disincentives
  1. tax differentials
 
15. Payments made to expatriates to compensate for extra costs of living abroad are called
  1. differentials.
  1. bonuses.
  1. premiums.
  1. allowances.
 
16. Most anthropologists’ theories of culture include the proposal that
  1. the beliefs, rules, and institutions of most cultures are nearly indistinguishable from each other.
  1. regional variations on culture are partially due to genetic differences.
  1. culture defines the boundaries of different groups.
  1. each aspect of a culture develops because of a specific, often isolated need.
 
17. Market screening is derived from
  1. local sociocultural forces.
  1. environmental scanning.
  1. current market trends.
  1. global opportunities and threats.
 
18. A commitment to actions that meet present needs without compromising the ecological, social, and economic needs of future generations characterizes
  1. ethnocentricity.
  1. socialism.
  1. economic stability.
  1. environmental sustainability.
 
19. Using a/an _______ staffing policy, selection of the best person for each job is done without considering national origin.
  1. polycentric
  1. regiocentric
  1. ethnocentric
  1. geocentric
 
20. The risk of punitive damages in product liability cases has caused
  1. consumers to demand that cases be heard by a judge rather than a jury.
  1. U.S. companies to increase research to find safer products.
  1. little change on research or new products.
  1. foreign companies to withhold potentially beneficial products from the U.S. market.

 

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