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iLearn ▶ IBUS033001-F10R ▶ Quizzes ▶ DPRC Exam 1 -- Chapters 1, 2 and 3--DPRC Students Only ▶ Review of attempt 1

DPRC Exam 1 -- Chapters 1, 2 and 3--DPRC Students Only

Review of attempt 1

Finish review

Started on Monday, October 4, 2010, 05:02 PM


Completed on Monday, October 4, 2010, 06:14 PM
Time taken 1 hour 11 mins
Grade 69 out of a maximum of 150 (46%)

1 The shifting of national borders has created which of the following situations for international business?
Marks: 3

Choose one a. The shifting of national borders has created all of these situations impacting international
answer. business
b. It has uncomplicated the understanding of behavioral factors affecting business.
c. It has left everyone who resides in rural areas with only the barest connection to the rest of the
world.
d. It has slowed communications between a company's headquarters and foreign operations.
e. It has made comparisons of historical data on international transactions problematic.

Incorrect

Marks for this submission: 0/3.

2 The term globalization is sometimes used to mean the ________.


Marks: 3

Choose one a. integration of world economies through the reduction of barriers to the movement of trade,
answer. capital, technology, and people
b. business being undertaken outside the confines of any nation,crossing at least one border
c. The leveling out of the distribution of resources and this distribution's influence on different
products and services in different parts of the world
d. increasing levels of local responsiveness to host country market, cultural, and governmental
demands
e. movement of jobs to high-wage countries to take advantage of labor costs

Correct

Marks for this submission: 3/3.

3 In which country is nepotism valued?


Marks: 3

Choose one a. the United States


answer.
b. Canada
c. Great Britain
d. China
e. France

Incorrect
Marks for this submission: 0/3.

4 Cultures emphasizing collectivism may emphasize ________.


Marks: 3

Choose one a. universalism


answer.
b. self-actualization
c. continuing education
d. nepotism
e. self-interest

Correct

Marks for this submission: 3/3.

5 In a high-context culture, the presence of a lawyer during business dealing


Marks: 3 would be considered a sign of ________.

Choose one a. commitment


answer.
b. wisdom
c. distrust
d. trust
e. pragmatism

Correct

Marks for this submission: 3/3.

6 An example of a U.S. merchandise import is an automobile made in


Marks: 3 ________ and sold ________.

Choose one a. Japan by a Japanese company: in the United States


answer.
b. Japan by a U.S. company; outside the United States
c. the United States by a Japanese company; outside the United States
d. the United States by a Japanese company; in the United States

Correct

Marks for this submission: 3/3.

7 Backtranslation can help a firm avoid sending the wrong message to their
Marks: 3 customers.

Answer: True
False

Correct

Marks for this submission: 3/3.

8 A totalitarian political system is marked by ________.


Marks: 3

Choose one a. wide participation


answer.
answer.
b. public referendums
c. narrow participation
d. None of these
e. total participation

Incorrect

Marks for this submission: 0/3.

9 Conflict can arise from a people's resentment toward their government or


Marks: 3 from territorial disputes between countries.

Answer: True
False

Correct

Marks for this submission: 3/3.

10 Social mobility tends to be lower in less stratified societies.


Marks: 3

Answer: True
False

Incorrect

Marks for this submission: 0/3.

11 The fact that a company is the market leader in one country is no guarantee
Marks: 3 that it will be the leader in another country.

Answer: True
False

Correct

Marks for this submission: 3/3.

12 Most democracies have resorted to "representative" democracies in which


Marks: 3 citizens elect individuals from their groups to represent their political needs
and views.

Answer: True
False

Correct

Marks for this submission: 3/3.

13 In every country, the rate of economic growth is primarily determined by its


Marks: 3 political and civil liberties.

Answer: True
False
Incorrect

Marks for this submission: 0/3.

14 ________ is a person's beliefs about the relative importance of the individual


Marks: 3 and the groups to which that person belongs.

Choose one a. Social orientation


answer.
b. Goal orientation
c. Uncertainty orientation
d. Time orientation
e. Cultural orientation

Incorrect

Marks for this submission: 0/3.

15 A political system includes the structures, processes, and activities by which


Marks: 3 a nation governs itself.

Answer: True
False

Correct

Marks for this submission: 3/3.

16 According to the A.T. Kearny/Foreign Policy Globalization Index, which


Marks: 3
ranked countries on their extent of globalization across economic,
technological, personal contact, and political dimensions, countries
________.

Choose one a. tend to be ranked similarly on all four dimensions


answer.
b. are more globalized on the political dimension than on personal
contact
c. all of these are equally correct answers
d. sometimes rank high on one dimension and low on another
e. that are large in land mass and population are less globalized than
small countries

Incorrect

Marks for this submission: 0/3.

17 In a collectivist society, changing jobs may be interpreted as ________.


Marks: 3

Choose one a. disloyal


answer.
b. none of the above
c. wise
d. ambition
e. impatience
Incorrect

Marks for this submission: 0/3.

18 Which of the following words does not fit with the others:
Marks: 3

Choose one a. People


answer.
b. Local
c. Culture
d. Multinational
e. Global

Incorrect

Marks for this submission: 0/3.

19 The likelihood that a society will undergo political changes that negatively
Marks: 3 affect local business activity is called tribal totalitarianism.

Answer: True
False

Incorrect

Marks for this submission: 0/3.

20 The production of goods by a French company in Italy for sale in Italy is an


Marks: 3 example of an Italian merchandise import.

Answer: True
False

Incorrect

Marks for this submission: 0/3.

21 Cultural convergence is facilitated by MNEs through their advertisements


Marks: 3
that define appropriate lifestyles, attitudes, and goals.

Answer: True
False

Correct

Marks for this submission: 3/3.

22 Nonverbal communication involves only about 20 percent of all information


Marks: 3 transmitted among members of a culture.

Answer: True
False

Incorrect
Marks for this submission: 0/3.

23 A value-added tax is a tax levied on each party that adds value to a product
Marks: 3 throughout its production and distribution.

Answer: True
False

Correct

Marks for this submission: 3/3.

24 ________ is the feeling people have regarding ambiguous situations.


Marks: 3

Choose one a. Social orientation


answer.
b. Power orientation
c. Optimism
d. Uncertainty orientation
e. Locus of control

Correct

Marks for this submission: 3/3.

25 The Foreign Corrupt Practices Act forbids U.S. companies from


Marks: 3
________ government officials or political candidates in other nations in
order to win contracts

Choose one a. lobbying


answer.
b. bribing
c. contacting
d. influencing
e. expatriating

Incorrect

Marks for this submission: 0/3.

26 Institutional development of services by business and government has aided


Marks: 3
the expansion of international business by ________.

Choose one a. spurring competition among domestic producers


answer.
b. providing a universally agreed upon language for conducting
international transactions
c. developing means to ease the flow of goods among countries
d. removing immigration restrictions so that international firms can move
personnel wherever they are most needed
e. the creation of services has nothing to do with the expansion of
international businesses involved in the production of tangible goods

Correct

Marks for this submission: 3/3.


27 Senders and receivers of communication use ________ to encode or
Marks: 3 decode the message.

Choose one a. senses


answer.
b. cultural filters
c. media
d. perceptions
e. written tools

Incorrect

Marks for this submission: 0/3.

28 The process by which people not only understand a foreign culture but also
Marks: 3 modify and adapt their behavior to make it compatible with that culture is bi-
culturalism.

Answer: True
False

Incorrect

Marks for this submission: 0/3.

29 Many professional basketball teams recruit tall youngsters in foreign


Marks: 3 countries into basketball camps where they can develop basketball skills and
perhaps become candidates for professional play. This is an example of
engaging in international business to acquire resources.

Answer: True
False

Correct

Marks for this submission: 3/3.

30 A major criticism of offshoring is that it ________.


Marks: 3

Choose one a. threatens the sovereignty of larger countries


answer.
b. allows companies to avoid payment of any taxes
c. increases production costs
d. reduces quality of exported goods
e. exchanges good jobs for bad jobs

Incorrect

Marks for this submission: 0/3.

31 The segment of the economic environment comprising independently owned


Marks: 3
firms that exist to make a profit is called the ________.

Choose one a. civil sector


answer.
answer.
b. public sector
c. democratic sector
d. private sector
e. tribal sector

Incorrect

Marks for this submission: 0/3.

32 The same automobile company produces Fiats and Ferraris. The company
Marks: 3 built an engine plant in China with low production costs for Fiats, but not
Ferraris. The probable reason is that ________.

Choose one a. Ferrari faces global competitors in China, whereas Fiat competes in
answer. China mainly against Chinese competitors
b. Fiat competes mainly on a focus strategy, whereas Ferrari competes
mainly on a mass-market strategy
c. although Ferrari did not build an engine plant, it will use the same
Fiat engines in its models
d. Fiat competes mainly on a mass-market strategy, whereas Ferrari
competes mainly on a focus strategy

Incorrect

Marks for this submission: 0/3.

33 In Chapter One's closing case on Carnival Cruise Lines, we saw that cruise
Marks: 3 lines pay little or no taxes because ________.

Choose one a. they take advantage of different taxation and employment laws in
answer. foreign countries
b. international law does not apply in noncoastal areas of the oceans
c. they use focus strategies
d. of international tax treaties

Incorrect

Marks for this submission: 0/3.

34 A ________ comprises countries that share many cultural similarities.


Marks: 3

Choose one a. cultural cluster


answer.
b. region
c. regional trading bloc
d. value cluster
e. high-context cluster

Incorrect

Marks for this submission: 0/3.

35 A person that unconsciously uses her own culture to help assess new
Marks: 3
surroundings is relying on her self-reference criterion.

Answer: True
False

Correct

Marks for this submission: 3/3.

36 Even if you become a future business manager but never have direct
Marks: 3
international responsibilities, an understanding of some of the complexities
of international business may be useful to you because ________.

Choose one a. it may help you make more informed operational decisions
answer.
b. you should understand importing and exporting in order to be
promoted
c. it is essential for most managerial job interviews
d. you will need to supervise and evaluate subordinates who have
international responsibilities
e. each of these are equally good reasons for you as a future manager
to want to have a more thorough understanding of the complexities
involved in international business

Incorrect

Marks for this submission: 0/3.

37 Many countries have more than one culture.


Marks: 3

Answer: True
False

Correct

Marks for this submission: 3/3.

38 The belief that ownership of the means of production belongs in the hands of
Marks: 3
individuals and private business is called ________.

Choose one a. socialism


answer.
b. anarchism
c. capitalism
d. totalitarianism
e. communism

Incorrect

Marks for this submission: 0/3.

39 In a totalitarian system, individuals govern without the support of the people,


Marks: 3 tightly control people's lives, and do not tolerate opposing viewpoints.

Answer: True
False

Correct

Marks for this submission: 3/3.


40 The Nike "Swoosh" is a ________.
Marks: 3

Choose one a. none of these


answer.
b. fad
c. copyright
d. trademark
e. The Nike "Swoosh" is a ________.

Correct

Marks for this submission: 3/3.

41 A cultural cluster comprises countries that share many cultural similarities.


Marks: 3

Answer: True
False

Correct

Marks for this submission: 3/3.

42 Movies that are successful in the United States and the United Kingdom are
Marks: 3 generally successful in other developed markets such as Japan and
Australia.

Answer: True
False

Incorrect

Marks for this submission: 0/3.

43 Which of the following statements is true concerning the international


Marks: 3 business competitive environment?

Choose one a. It takes about the same amount of resources to gain national
answer. distribution in a large country as in a small one.
b. In most industries, companies face the same competitors in each
country where they operate.
c. Although countries' market sizes differ, companies usually face about
the same number of competitors in each national market.
d. Being a leader in one country doesn't guarantee you'll be a leader in
any other country.

Incorrect

Marks for this submission: 0/3.

44 Gaining some understanding of international business is important for any


Marks: 3 business student because global events and competition affect almost all
companies.

Answer: True
False
Correct

Marks for this submission: 3/3.

45 A copyright is granted for ________ but not for ________.


Marks: 3

Choose one a. patents; trademarks


answer.
b. the idea itself; the physical product
c. processes; inventions
d. the tangible expression of an idea; the idea itself
e. trademarks; patents

Incorrect

Marks for this submission: 0/3.

46 A criticism of globalization is that as economic growth increases, too many


Marks: 3 nonrenewable resources are used.

Answer: True
False

Correct

Marks for this submission: 3/3.

47 If you go to a meeting in Saudi Arabia, how often should you expect your
Marks: 3 host to pray each day?

Choose one a. 2
answer.
b. 1
c. 3
d. 5
e. 4

Incorrect

Marks for this submission: 0/3.

48 By operating internationally, a company may take advantage of business-


Marks: 3 cycle differences among countries and thereby reduce its financial risks.

Answer: True
False

Correct

Marks for this submission: 3/3.

49 Under which of the following political systems are government leaders


Marks: 3
elected directly by the wide participation of the people or by their
representatives?
Choose one a. Theocracy
answer.
b. Anarchism
c. Totalitarianism
d. Democracy
e. Communism

Incorrect

Marks for this submission: 0/3.

50 A company with limited resources is more likely to achieve national


Marks: 3 distribution within a small country than within a large country.

Answer: True
False

Correct

Marks for this submission: 3/3.

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