International Business and Culture Quiz
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Questions and Answers

What does the text suggest about the relationship between good ethics and business?

  • Maintaining good ethics can positively impact business outcomes. (correct)
  • Businesses with good ethics tend to focus solely on social responsibility.
  • Businesses with good ethics often struggle financially.
  • Good ethics is unrelated to business performance.
  • What is a key element in establishing an ethics culture?

  • Encouraging bribery within the organization.
  • Whistleblowing on unethical practices. (correct)
  • Promoting a workplace romance policy.
  • Avoiding social responsibility commitments.
  • In the context of the text, what does ISO 14000/14001 Certification primarily focus on?

  • Social responsibility in business operations.
  • Environmental sustainability standards. (correct)
  • Whistleblower protection policies.
  • Promoting workplace romance.
  • What is the main purpose of Sustainability Reports as discussed in the text?

    <p>Demonstrating a company's commitment to social responsibility and sustainable practices.</p> Signup and view all the answers

    How does the text suggest businesses can be good stewards of wildlife welfare?

    <p>By adhering to environmental sustainability practices and policies.</p> Signup and view all the answers

    What is a common theme discussed in the text regarding the relationship between ethics and business performance?

    <p>Good ethics can lead to positive business outcomes.</p> Signup and view all the answers

    What are long-term objectives defined as?

    <p>Specific results that an organization seeks to achieve in pursuing its basic mission.</p> Signup and view all the answers

    Why are objectives essential for organizational success?

    <p>They reveal priorities within the company.</p> Signup and view all the answers

    How can internal factors be determined?

    <p>By computing ratios and measuring performance.</p> Signup and view all the answers

    What is the role of strategies in achieving long-term objectives?

    <p>To provide a framework for achieving long-term objectives.</p> Signup and view all the answers

    Why should objectives be challenging and measurable?

    <p>To provide motivation and direction.</p> Signup and view all the answers

    What type of surveys can be used to examine internal factors?

    <p>Surveys on employee morale, production efficiency, and customer loyalty.</p> Signup and view all the answers

    Which of the following is a community college mentioned in the text?

    <p>Kellogg Community College</p> Signup and view all the answers

    Which of the following institutions is located in Maryland?

    <p>Loyola University—Maryland</p> Signup and view all the answers

    Which of the following is a college or university with 'Mount' in its name?

    <p>Mount Marty College—South Dakota</p> Signup and view all the answers

    Which of the following institutions is located in New York?

    <p>Lehman College of CUNY</p> Signup and view all the answers

    Which of the following institutions has 'Miami-Dade' in its name?

    <p>Miami-Dade College—Kendall</p> Signup and view all the answers

    Which of the following institutions is located in Michigan?

    <p>Michigan State University</p> Signup and view all the answers

    What is the focus of Chapter 4 in the text provided?

    <p>Types of strategies</p> Signup and view all the answers

    Which company is showcased as an exemplar in Chapter 4?

    <p>Petronas</p> Signup and view all the answers

    What are the different types of diversification strategies mentioned in the text?

    <p>Related and unrelated diversification</p> Signup and view all the answers

    What are Michael Porter's five generic strategies?

    <p>Cost leadership, differentiation, and focus strategies</p> Signup and view all the answers

    Which concept is NOT discussed in Chapter 4 of the text?

    <p>Vision and mission analysis</p> Signup and view all the answers

    What is the main implication for students discussed in Chapter 4?

    <p>Implications for small firms</p> Signup and view all the answers

    According to Bill Belichick, what is more important on a team?

    <p>The strength of the unit working together</p> Signup and view all the answers

    What did Chuck Noll suggest about winning?

    <p>Doing the ordinary things better than others consistently</p> Signup and view all the answers

    According to Vince Lombardi, how are leaders made?

    <p>Through hard effort and perseverance</p> Signup and view all the answers

    What does George Allen advise about task management?

    <p>Understand what needs to be done first and persevering</p> Signup and view all the answers

    According to Bum Phillips, when does someone become a failure?

    <p>When they start blaming others for their failures</p> Signup and view all the answers

    What did Herm Edwards say about the start and finish?

    <p>The start has no impact on the finish</p> Signup and view all the answers

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