Podcast
Questions and Answers
Which dimension of culture contrasts with individualism?
Which dimension of culture contrasts with individualism?
- Universalism
- Collectivism (correct)
- Achievement
- Neutral
What does the Divergence Hypothesis suggest about countries?
What does the Divergence Hypothesis suggest about countries?
- They will maintain distinctive characteristics. (correct)
- They will become more similar over time.
- They will adopt a universal culture.
- They will ignore cultural influences.
Which dimension of Trompenaars and Hampden-Turner classification refers to how cultures express emotions?
Which dimension of Trompenaars and Hampden-Turner classification refers to how cultures express emotions?
- Neutral vs emotional (correct)
- Achievement vs ascription
- Attitudes to time
- Attitudes toward the environment
Which of the following layers of culture can influence business operations in a country?
Which of the following layers of culture can influence business operations in a country?
What is a key role of political behavior in international business?
What is a key role of political behavior in international business?
Which cultural dimension focuses on how tasks are approached in relation to time?
Which cultural dimension focuses on how tasks are approached in relation to time?
What can ethnic communities in a country affect in terms of business?
What can ethnic communities in a country affect in terms of business?
What is a challenge that businesses may face when dealing with political authorities?
What is a challenge that businesses may face when dealing with political authorities?
What is one primary characteristic of cultural imperialism?
What is one primary characteristic of cultural imperialism?
What percentage of international firms are classified as SMIEs?
What percentage of international firms are classified as SMIEs?
Which of the following is considered a barrier to SME internalization?
Which of the following is considered a barrier to SME internalization?
What is a characteristic of a developed market multinational enterprise (DMNE)?
What is a characteristic of a developed market multinational enterprise (DMNE)?
What do language families indicate?
What do language families indicate?
What are SMIEs often perceived as in the context of cultural imperialism?
What are SMIEs often perceived as in the context of cultural imperialism?
What does the term 'vulnerability to intellectual property violations' refer to?
What does the term 'vulnerability to intellectual property violations' refer to?
What elements are included in the definition of culture?
What elements are included in the definition of culture?
What is the main characteristic of vertical FDI?
What is the main characteristic of vertical FDI?
Which of the following defines conglomerate FDI?
Which of the following defines conglomerate FDI?
Which of these is NOT a requirement for a firm to qualify as a Multinational Enterprise (MNE)?
Which of these is NOT a requirement for a firm to qualify as a Multinational Enterprise (MNE)?
What distinguishes Foreign Portfolio Investment (FPI) from Foreign Direct Investment (FDI)?
What distinguishes Foreign Portfolio Investment (FPI) from Foreign Direct Investment (FDI)?
Which index measures the degree to which a company operates internationally?
Which index measures the degree to which a company operates internationally?
What are the three ratios used to calculate the Transnationality Index (TNI)?
What are the three ratios used to calculate the Transnationality Index (TNI)?
What is the main focus of companies categorized as DMNEs (Developing Multinational Enterprises)?
What is the main focus of companies categorized as DMNEs (Developing Multinational Enterprises)?
Which of the following factors is NOT associated with the characteristics of DMNEs?
Which of the following factors is NOT associated with the characteristics of DMNEs?
What does cultural distance refer to?
What does cultural distance refer to?
Which hypothesis suggests that technology and economics are making countries more similar?
Which hypothesis suggests that technology and economics are making countries more similar?
How can governments influence business operations?
How can governments influence business operations?
Cultural stereotypes can be categorized into which of the following types?
Cultural stereotypes can be categorized into which of the following types?
What role can governments play in relation to multinational enterprises (MNEs)?
What role can governments play in relation to multinational enterprises (MNEs)?
Which statement about affinity in cultural relationships is correct?
Which statement about affinity in cultural relationships is correct?
What is one of the factors that governments may influence as part of their relationship with MNEs?
What is one of the factors that governments may influence as part of their relationship with MNEs?
Which of the following best describes why governments compete for investment?
Which of the following best describes why governments compete for investment?
Which organization was established in 1995 to promote trade in South America?
Which organization was established in 1995 to promote trade in South America?
What system regulates the valuations and exchange of money across countries?
What system regulates the valuations and exchange of money across countries?
Which of the following was a precursor to the Classical Gold Standard?
Which of the following was a precursor to the Classical Gold Standard?
What is the primary function of a commodity cartel?
What is the primary function of a commodity cartel?
What established the Economic Community of West African States (ECOWAS)?
What established the Economic Community of West African States (ECOWAS)?
Which period lasted between 1945 and 1972 in the evolution of the international monetary system?
Which period lasted between 1945 and 1972 in the evolution of the international monetary system?
Which of the following organizations was formed from the members of the East African Economic Community?
Which of the following organizations was formed from the members of the East African Economic Community?
What does the Flexible Exchange Rate Regime primarily indicate?
What does the Flexible Exchange Rate Regime primarily indicate?
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