1.

The merging of historically distinct and separate national markets into one huge
globalmarketplace is referred to as the:

A.globalization of production.

B.integration of markets.

C.transformation of commerce.

D.Globalization of markets

2. Automobile companies promote different car models depending on a range of factors

such as local fuel costs, income levels, traffic congestion, and cultural values. This
demonstrates that:

A. National markets are not giving way to the global market.

B. cultural diversity is replaced by global uniformity.

C. the global market is less complex than national markets.

D. everyone's tastes are the same, regardless of nationality

3. Global assignments in which employees are sent to understand global operations and
are required to have intercultural understanding are called

A. development assignments

B. non development assignments

C. strategic assignments

D. managerial assignments

4. To succeed in a global marketplace, managers must _____________.

a. constantly develop new strategies to maintain their parochial views

b. expect competitors to suddenly appear at any time from any place

 c. implement only the best practices of their home countries

d. downplay the effect of the values and customs of other cultures

5. in a global marketplace ____________.

a. The entire world is a marketplace

b.national borders are irrelevant

c.the potential for organizations to grow expands dramatically

d.all of the above