QUIZ 1,2

Câu 1:
Theocracy refers to

A. A developed country with a lot of B. A country suffering a majo

natural resources crisis

C. A country that applies religious law to D. An emerging market wher

civil and criminal conduct economy is growing very f

Câu 2:
Domestic Business refers to

A. business transactions B. transactions occurring within the boun

between parties from more single country, whereas international b
than one country. transactions cross national boundaries

C. a firm operating facilitites D. the firms’ performance of trade and inv

in many countries in the activities across national borders.
world

Câu 3:
What are the major political related risks? Because of...

A. Transfer risk B. Ownership risk

C. Operating risk D. All of the mentioned

Câu 4:
Why does legal system vary from one country to another?

A. Historical reasons B. Cultural reasons

C. All of the mentioned D. Political reasons

Câu 5:
Which firm is doing Global Business?

A. Firm D imports from 3 different continents B. Firm B sells product

the world
 C. Firm A operates various facilities in many D. Firm C sells product
countries in the world own country

Câu 6:
What is an intangible product?

A. Accounting service B. A car

C. A chewing gum D. A roasted duck

Câu 7:
Exporting is

A. the production of licors in Laos B. selling products made in on

country for use or resale in
countries.

C. buying products made in other D. selling products made in on

countries for use or resale in one’s own country in the mentioned c
country.

Câu 8:
Nationalization is

A. None of the mentioned B. the transfer owners

resources from the
the public sector

C. Limiting foreign ownership of domestic firms D. The conversion of s

to avoid having their economies or key property to privately
industries controlled by foreigners. property is called

Câu 9:
Globalization is

A. an absolute ban on the exporting (or B. How we brainstorm

importing) of goods to a particular destination our corporate strate
global.

C. the process by which the world is becoming D. a geographic area in

 increasingly interconnected as a result of imported or exporte
massively increased trade and cultural receive preferential
exchange. treatment

Câu 10:
Sanctions mean restraints against commerce with a country and often
include

A. All of the mentioned B. high technology goods

C. boycotting the country's good D. withdrawing preferential tariff tre

Câu 11:
What would favor the Tech transfer process?

A. Administrative delays B. Counterfeiting

C. Patent protection D. Piracy

Câu 12:
International Business has grown that much because Firms are
actively going abroad

A. To Seek New Markets B. To Acquire Resources and Su

C. To Leverage Core Competencies D. All of the above

Câu 13:
A macro political risk would affect

A. All firms in a country B. Nothing at all

C. A specific company D. A specific industry

Câu 14:
Foreign direct investments (FDI) are

A. investments made for the purpose of B. purchases of foreign financ

actively controlling property, assets, or (stocks, bonds, and certific
companies located in host countries. deposit) for a purpose othe
 control.

C. import activities D. export activities

Câu 15:
The accounting standards and practices could be different due to

A. Legal system B. International policies ties

C. Source of capital D. All of the mentioned

Câu 16:
Which Law is based on the cumulative wisdom of Judges decisions on
individual cases through history?

A. Common Law B. None of the mentioned

C. Religious Law D. Civil Law

Câu 17:
Which action is considered non governmental action (to cause political
risks)?

A. Currency devaluation B. Act of terrorism

C. Repatriation of profits limitation D. Expropriation of private prop

Câu 18:
Which organization or group refers to a group of Emerging Markets?

A. BRICS B. EU

C. None of the mentioned D. NATO

Câu 19:
Importing is

A. the buying of products made in one B. selling products made in o

country to resell in the same country country for use or resale in
for profit countries.
 C. None of the mentioned D. buying products made in o
countries for use or resale
own country.

Câu 20:
What is a tangible product?

A. All of the mentioned B. A mobile phone

C. A Car D. A laptop

QUIZ 3,4
Câu 1:
Why would the government want to intervene international trade?

A. Because the government does B. Because the government wants t

NOT support Free trade the companies from other countr

C. Because the government wants D. All of the mentioned

to protect domestic firms

Câu 2:
Product testing standard, a NON tariff barrier, refers to the fact that

A. None of the mentioned B. the products do not need

any standard requiremen

C. The product must meet the standard of D. Foreign goods need to m

the country of origins or where it was country product or testin
produced so they could be exported so they could be importe

Câu 3:
Which of the below is a tarriff barrier?

A. Import tariff B. Transist tariff

C. All of the mentioned D. Export tariff

Câu 4:
Which rate of duty is considered compound tariff?

A. Citrus fruit (9.9 cent/kg) B. Nuts (8%)

C. Pineapples (2.1%) D. Cherries (9.9 cent/kg + 6.4%)

Câu 5:
Embargo is

A. a policy that encourages B. a product standard that a foreign co

trade between countries should meet

C. a type of Non tariff barrier D. an absolute ban on the exporting (or

of goods to a particular destination

Câu 6:
Why could the government intervention against free trade be able to
help maintain existing jobs in a country?

A. because the salary of the B. Because the government wants to protec

workers could be higher firms

C. because national D. because imported products that are chea

defense is a very eliminate local producers, hence, elimina
important issue opportunities

Câu 7:
Which of the below is a stage of an International Product Life Cycle?

A. All of the mentioned B. Standardized Product

C. Maturing Product D. New Product

Câu 8:
Which theory suggests that a country should export those goods and
services for which it is more productive than other countries are and
import those goods and services for which other countries are more
productive than it is?

A. Absolute advantage B. Comparative advantage

 C. Public choice analysis D. Country similarity theory

Câu 9:
Which of the following holds that a country’s wealth is measured by its
holdings of gold and silver?

A. Comparative advantage B. Mercantilism

C. Absolute advantage D. Relative factor endowments

Câu 10:
The exchange of goods produced by one industry in country A for
goods produced by a different industry in country B

A. Domestic trade B. None of the mentioned

C. Intraindustry Trade D. Interindustry trade

Câu 11:
What of the below does NOT belong to Michael Porter's theory of
national competitive advantage?

A. Firm strategy, structure and rivalry B. A company's marketing camp

C. Related and supporting industries D. Factor conditions, Demand co

Câu 12:
Trade between residents of two countries is

A. None of the mentioned B. Domestic trade

C. Charity D. International trade

Câu 13:
When a firm’s average costs decrease as the number of different
products it sells increases, we can say the firm has achieved

A. None of the mentioned B. Economies of scope

C. its sales target D. Economies of scale

Câu 14:
Foreign trade zone (FTZ) is

A. is a place where only B. is a location where only spare parts made

foreigners can trade countries are accepted

C. is a location where only D. is a geographic area in which imported or

USD is accepted goods receive preferential tariff treatmen

Câu 15:
When does Economies of Scale occur?

A. a firm's average costs of producing a good B. a firm manages to sel

decrease as its output of that good product to a new mark
increases

C. None of the mentioned D. a firm's fixed costs inc

because it acquired n
equipments

Câu 16:
Which of the below is a NON tarriff barrier?

A. Tariff rate quotas B. Export tariff

C. Transist tariff D. Import tariff

Câu 17:
According to the infant industry arguments, a new industry needs
protection because

A. It could be eliminated at an early stage B. All of the mentioned

C. It would ultimately be able to thrive in D. it would potentially gener

the international market income for the nation

Câu 18:
Which theory states that a country should produce and export those
goods and services for which it is RELATIVELY more productive than
other countries are and import those goods and services for which
other countries are RELATIVELY more productive than it is?
 A. Public choice analysis B. Comparative advantage

C. Signaling theory D. Absolute advantage

Câu 19:
Which of the below is NOT an industry level argument against free
trade?

A. Economic development program B. National defense argume

C. Strategic trade theory D. Infant industry argument

Câu 20:
Which factors affect FDI?

A. Political factor B. Demand factors

C. All of the mentioned D. Supply factors

QUIZ 5
Câu 1:
Cost leadership refers to

A. A firm's leader concerns about his B. A firm that has highly efficient o
firm last month's Cost of Good procedures so that its costs are
Sold (COGS) its competitors

C. A firm trying to sell its product at a D. A new marketing campaign tha

very high price expensive

Câu 2:
Which of the strategy mentioned below sees the world as one single
market?

A. Multidomestic strategy B. Home replication

C. Global strategy D. Transnational strategy

Câu 3:
Which Goal fulfils the SMART goal setting requirement?

I will lead the team to generate We

A��1.000.000��2025�������������������������������� B sel
. �����.US1.000.000in2025bystartsellingournewproducttoMalaysia. . pro
Ma

In 2025, we will make US1.000.0001.000.000 My

C D gen
. . 00.0

Câu 4:
Once a company goes Global, what most likely remains the same?

A. legal system B. Top management

C. the suppliers D. the customers

Câu 5:
Firms adopted transnational strategy could promote global learning via

A. strong corporate culture B. Creating a matrix organizational des

C. creating a project team D. All of the mentioned

Câu 6:
Single business strategy means

A. A firm focus all of its resources to one B. A firm target clients who o
single product or service purchase its products only

C. A firm targets clients who are still D. All of the mentioned

single

Câu 7:
Which one of the mentioned does NOT belong to the 5 General steps of
Strategy planning process?

A. Performing a SWOT Analysis B. Development o

Statement
 C. Figuring out where to open a bank account for the D. Setting strateg
firm in the new market

Câu 8:
Which of the below firm is properly implementing cost leadership
strategy?

A. Firm B is applying a 25% discount to one pair B. Firm A is selling a pa

of shoes and the final price currently offered at ��100/����.US10
is ��75/����.US75/pair.

C. The unit cost of a pair of shoes of Firm D is D. The unit cost of a pa

15/����15/pair of Firm C is 45/����

Câu 9:
Funcional strategy is basically about

A. How we brainstorm to define our corporate B. To indentify which d

strategy is the less efficient
company

C. how we manage different functions to D. How we regain our c

implement our international corporate and market share
business strategies

Câu 10:
Distinctive competency refers to

A. How firms deploy resources in a B. Where to conduct the firm's busin

new country

C. What a firm could do extremely D. The differences between salary a

well as compared to the offered to the employees between
competitors different firms.

Câu 11:
What are the competitive advantages that global businesses could
bring to a firm?

A. All of the mentioned B. Worldwide learning

 C. Global efficiency D. Multinational flexibility

QUIZ 6,7
Câu 1:
When we conduct a market evaluation (to analyze a foreign market),
which COST is LESS appropriate for the analysis?

A. rental cost in the B. the cost of a 10 year old equipment that you
foreign market purchased in your country

C. Opportunity cost D. transportation cost from your country to the

country

Câu 2:
What are the main steps of Green field strategy?

A. Build factory B. All of the mentioned

C. Buy or Lease lands D. Launch the new operation

Câu 3:
In a Strategic Alliance a firm enjoy Easy of Entry because

A. the partner has assess to potential B. the partner has a good know
customers and suppliers government regulations

C. All of the mentioned D. the cost of production could

Câu 4:
What is NOT a compensation that a Licensee needs to pay its
Licensor?

A. A fixed amount of the units sold B. Salary

C. Flat fee D. a percentage of sale

Câu 5:
A comprehensive alliance refers to a situation where firms
 A. agree to perform together multiple stages of the process B. All of th
by which goods or services are brought to the market:
R&D, design, production, marketing, and distribution

C. agree to perform together the R&D function D. agree to

together
marketin

Câu 6:
What is NOT a benefit that firms cannot enjoy from its Strategic
Alliance

A. Shared risk B. Shared knowledge and risk

C. Ease of market entry D. Thread of leaking trade secrets to the coun

Câu 7:
What is NOT an advantage of Exporting?

A. Relatively low financial exposure B. Permit gradual market entry

C. Vulnerable to tariffs and nontariff D. Acquire knowledge about th

barriers market

Câu 8:
What should we NOT do to prevent incompability of the partners?

A. Learn the language and culture of the Partner's B. Clear commun

country

C. Implement Partner's analysis so we can understand D. Tell all the sec

them advance

Câu 9:
When analyzing a foreign market, what we should pay attention to the
least?

A. The major players that are competing B. The current clients that we
in the country that our firm is serving for the last 2 years i
targeting country
 C. The market size of the country that D. The external environment of
our firm is targeting that our firm is targeting

Câu 10:
Which of the below reflex a Production Alliance

A. Firm A and Firm B shared a new B. Firm A and Firm B's scientists gat
plant to produce a new product Firm's A lab to conduct R&D
material

C. All of the mentioned D. Firm A and Firm B's mutually mark

party's products in its local marke

Câu 11:
In which situation Firm A and Firm B is most likely form a strategic
alliance?

A. Firm B can benefit tremendously from B. Both firms can benefit from
the alliance alliance

C. No firm can benefit from the alliance D. Firm A can benefit tremend
the alliance

Câu 12:
Why in a Strategic Alliance, assess to information could lead the
partners into conflict?

A. Because of the published info that the B. All of the mentioned

partners had agreed to share at the
beginning

C. Because of the info that the partners D. Because of the info that th
are willing to share never thought that they wo
share

Câu 13:
When it comes to partner selection what is NOT important?

A. the partner's product B. Mutual trust

 C. the partner's goal D. the partners' minor shareholders

Câu 14:
Turnkey Project refers to a situation where

A. A firm produces keys and locks B. a firm will fully design, construct
and sell them to another country a facility and then turn the projec
purchaser

C. A firm outsources its D. A firm will import the products of

manufacturing activities to firm to sell in its local market
another

Câu 15:
What is NOT a Mode of Entry to a foreign market?

A. Intracorporate Transfer B. Greenfield Strategy

C. Contract Manufacturing D. Rainbow field Strategy

Câu 16:
What are the payment methods applicable for export activities?

A. Letter of credits B. Open Account

C. All of the mentioned D. Cash in advance

Câu 17:
Which situation belows reflex a Private Public Venture (Or Public
Private Partnership –PPP)

A. A Joint venture formed by Firm A B. A Joint venture formed by Fir

Firm B, Firm C Firm B

C. Government A and Government B D. A Joint venture formed by Fir

Government B

Câu 18:
Which question is NOT appropriate to assess Levels of Competition of
a foreign market?
 A. How different is this market from the others B. How many major playe
that we have entered? that foreign market?

C. What are the major strengths of the D. Which firm has the larg
existing firms? share?

Câu 19:
Which of the follow changes would affect the Strategic Alliance?

A. Interest rate increase B. Civil war

C. All of the mentioned D. Corporate income tax reduction for FDI pro

Câu 20:
In order to franchise, the franchisor should have the following
conditions

A. Experience in franchising B. A well developed and u

product

C. A developed operating procedure and D. All of the mentioned

system

QUIZ 8,9
Câu 1:
A firm would consider to intergrate vertically because it wants to

A. have more control on the delivery B. have more control of ce

schedule material

C. All of the mentioned D. be less dependent on th

Câu 2:
What type of knowledge is less important for organizational chart
designing?

A. Product knowledge B. Supplier knowledge

 C. Functional knowledge D. Area knowledge

Câu 3:

A. within different units of the firm B. from the firms to its custom

C. All of the mentioned D. suppliers to the firm

Câu 4:
What can the Organizational Design do for firms?

A. Allocating resource B. Collecting data

C. Assigning task D. All of the mentioned

Câu 5:
Global functional design objective is

A. to create departments or divisions that have B. a firm serves differ

worldwide responsibility for the common customers or custo
organizational functions—finance, operations, each with specific
marketing, R&D, and human resources calling for special e
C16management attention

C. to assigns worldwide responsibility for specific D. the result of superi

products or product groups to separate one form of organiz
operating divisions within a firm on top of an existin
form

Câu 6:
If a restaurant's business strategy is cost leadership, then its
International Operations Management would focus on

A. trying to import crabs from Alaska B. hiring a very famou

is globally recogni

C. trying to bring the more celebrities the better to D. economies of scale

the restaurant for marketing purposes rental cost

Câu 7:
Firms tend to use Generic organizational control when

A. All of the mentioned B. The firm is p

similar strat
various mark

C. the firm concentrates its organizational control D. When each o

system on the actual mechanics and processes the market the f
firm uses to develop strategic plans rather than the a totally diff
outcomes business

Câu 8:
What can the Organizational Design do for firms?

A. Collecting data B. Assigning task

C. Allocating resource D. All of the mentioned

Câu 9:
What is NOT an advantage of Global Market design

A. Ability to focus on key B. High control over functional operation

functions

C. Easily transfer expertise D. Duplication of resources (each departm

within each function hire its own expert for a market)

Câu 10:
What does NOT explain collorary approach?

A. The firm assigned a few individiuals to be B. The firm is doing a lo

responsibles of the export International Busine

C. The organizational chart remains unchanged D. The firm is only cond

indirect export

Câu 11:
What are some of the methods to over come resistance to control?

A. Employees involvement B. All of the mentioned

 C. To provide with a diagnostic mechanism to D. Creating a control sys
address unacceptable deviations appropriate accountab

Câu 12:
The process of linking and integrating functions and activities of
different groups, units and divisions is Coordination. How to achieve
and manage it?

A. All of the mentioned B. By creating informal and formal ma

network

C. Creating a task force for a big D. Creating rules and procedures

project

Câu 13:
What is NOT an advantage of Global Market design

A. High control over functional operation B. Easily transfer e

within each func

C. Duplication of resources (each department might D. Ability to focus

hire its own expert for a market) functions

Câu 14:
A set of activities an organization uses to transform different kinds of
inputs (materials, labor, and so on) into final goods and services is
called

A. Operational Management B. Human Resources Management

C. Strategy Management D. Marketing Management

Câu 15:
What is NOT a good way to improve productivity?

A. Increasing marketing & sales activities B. Involving emp

C. Improving operating process D. Investing in R&

Câu 16:
What product should be transported by Airplane from Vietnam to
Europe or vice verse?

A. Watches B. Bricks

C. Rice D. Tiles

Câu 17:
What is NOT a general characteristic of International Service?

A. Intangible B. Customer physical participation

C. Storable D. Attached to product purchasing

Câu 18:
A firm would consider to intergrate vertically because it wants to

A. be less dependent on the suppliers B. have more control on the deliv

schedule

C. have more control of certain D. All of the mentioned

material

Câu 19:
Total quality management (TQM) is

A. an economic measure of efficiency that B. None of the mentioned

summarizes the value of outputs
relative to the value of the inputs used
to create the outputs

C. data in a form that is of value to a D. an integrated effort to sys

manager in making decisions and and continuously improve
performing related tasks of an organization’s produ
services.

Câu 20:
Regaring performance measurement, which of the following is harder?

A. Expenses B. Employees turnover

 C. Unit sales D. Customers attitude

MIDTERM
Câu 1:
Product testing standard, a NON tariff barrier, refers to the fact that

A. Foreign goods need to meet a B. The product must meet the sta
country product or testing country of origins or where it w
standard so they could be imported produced so they could be expo

C. None of the mentioned D. the products do not need to me

standard requirements

Câu 2:
What is an intangible product?

A. A chewing gum B. Accounting service

C. A roasted duck D. A car

Câu 3:
Single business strategy means

A. A firm focus all of its resources to one B. All of the mentioned

single product or service

C. A firm targets clients who are still D. A firm target clients who o
single purchase its products only

Câu 4:
Which Goal fulfils the SMART goal setting requirement?

In 2025, My team will generate ��1.000.000US1.000.000

A we will B
. make .
US1.000.00
01.000.000
 We will I will lead the team to generate
C start D ��1.000.000��2025�����������������������������
. selling . ��.US1.000.000in2025bystartsellingournewproducttoMalaysia.
our new
product
to
Malaysia

Câu 5:
Which one of the mentioned does NOT belong to the 5 General steps of
Strategy planning process?

A. Setting strategic goals B. Figuring out where to open a bank acco

firm in the new market

C. Development of a Mission D. Performing a SWOT Analysis

Statement

Câu 6:
Which organization or group refers to a group of Emerging Markets?

A. NATO B. BRICS

C. G7 D. EU

Câu 7:
What of the below does NOT belong to Michael Porter's theory of
national competitive advantage?

A. Related and supporting industries B. Factor conditions, Demand co

C. Firm strategy, structure and rivalry D. A company's marketing camp

Câu 8:
What is NOT an advantage that a firm could enjoy if it chooses to
implement unrelated diversification strategy?

A. Economies of scale B. Raising capital more easily

C. Less vulnerable to competition D. More options to allocate pr

Câu 9:
The accounting standards and practices could be different due to

A. International policies ties B. All of the mentioned

C. Legal system D. Source of capital

Câu 10:
Company A, headquartered in Hanoi, has several branches in several
countries. Each branch has the authority to customize its product
according to the local needs. Which strategy company A is most likely
implementing?

A. Multidomestic Strategy B. Home Replication Strategy

C. Transational Strategy D. Global Strategy

Câu 11:
When a firm’s average costs decrease as the number of different
products it sells increases, we can say the firm has achieved

A. Economies of scale B. its sales target

C. Economies of scope D. None of the mentioned

Câu 12:
Numerical export control refers to a situation where

A. None of the mentioned B. A country imposes quantitative barrie

in the form of numerical limits on the
a good it will export.

C. Foreign goods need to meet D. Importers are forced to purchase fore

a country product or testing exchange from the central bank at un
standard exchange rate

Câu 13:
A macro political risk would affect

A. A specific company B. All firms in a country

 C. Nothing at all D. A specific industry

Câu 14:
Which action is considered non governmental action (to cause political
risks)?

A. Repatriation of profits limitation B. Currency devaluati

C. Expropriation of private property D. Act of terrorism

Câu 15:
Foreign direct investments (FDI) are

A. import B. purchases of foreign financial assets (stocks, bonds, an

activities certificates of deposit) for a purpose other than control.

C. export D. investments made for the purpose of actively controllin

activities assets, or companies located in host countries.

Câu 16:
International Business has grown that much because Firms are
actively going abroad

A. To Seek New Markets B. To Acquire Resources and Supplies

C. All of the above D. To Leverage Core Competencies

Câu 17:
Which of the below is a NON tarriff barrier?

A. Import tariff B. Transist tariff

C. Export tariff D. Tariff rate quotas

Câu 18:
Which factors affect FDI?

A. Demand factors B. All of the mentioned

C. Supply factors D. Political factor

Câu 19:
What would favor the Tech transfer process?

A. Piracy B. Administrative delays

C. Counterfeiting D. Patent protection

Câu 20:
The exchange of goods produced by one industry in country A for
goods produced by a different industry in country B

A. Domestic trade B. None of the mentioned

C. Interindustry trade D. Intraindustry Trade

Câu 21:
Which rate of duty is considered compound tariff?

A. Cherries (9.9 cent/kg + 6.4%) B. Pineapples (2.1%)

C. Nuts (8%) D. Citrus fruit (9.9 cent/kg

Câu 22:
What are the major political related risks? Because of...

A. Operating risk B. Ownership risk

C. Transfer risk D. All of the mentioned

Câu 23:
Funcional strategy is basically about

A. how we manage different functions to B. How we brainstorm

implement our international corporate and our corporate strate
business strategies

C. How we regain our competitors' market share D. To indentify which d

is the less efficient
company

Câu 24:
Which of the below firm is probably implementing cost leadership
strategy?

A. The unit cost of a pair of shoes B. Firm B is applying a 25% discount

of Firm C is 45/����45/pair of shoes and the final price curren
is ��75/����.US75/pair.

C. Firm A is selling a pair of shoes D. The unit cost of a pair of shoes of

at ��100/����.US100/pair. 15/����15/pair

Câu 25:
When does Economies of Scale occur?

A. a firm manages to sell more of its B. a firm's average costs of produc

product to a new market decrease as its output of that go
increases

C. a firm's fixed costs increase D. the GDP growth of a country

because it acquired new
equipments

Câu 26:
Cost leadership refers to

A. A firm's leader concerns about his firm last B. A new marketin

month's Cost of Good Sold (COGS) that is very exp

C. A firm that has highly efficient operating D. A firm trying to

procedures so that its costs are lower than its product at a ve
competitors price

Câu 27:
Foreign trade zone (FTZ) is

A. is a geographic area in which imported or exported B. is a place wh

goods receive preferential tariff treatment foreigners ca

C. is a location where only spare parts made in foreign D. is a location

countries are accepted USD is accep

Câu 28:
Why does a firm choose FDI as a market entry method?

A. To seek for new customer(s) B. All of the mentioned

C. To follow its current client(s) D. To get access to natural resou

Câu 29:
Globalization is

A. the process by which the world is becoming B. an absolute ban on

increasingly interconnected as a result of exporting (or import
massively increased trade and cultural goods to a particula
exchange. destination

C. How we brainstorm to define our corporate D. a geographic area in

strategy to go global. imported or exporte
receive preferential
treatment

Câu 30:
Embargo is

A. a product standard that a B. an absolute ban on the exporting (o

foreign company should meet importing) of goods to a particular

C. a type of Non tariff barrier D. a policy that encourages trade bet

countries