International Management Quiz

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What does Porter's Diamond model aim to determine?

Factors contributing to cost reduction

Factors contributing to market saturation

Factors contributing to competitive advantage (correct)

Factors contributing to technological innovation

What is political risk in the global environment defined as?

Technological advancements disrupting business operations

Cultural differences influencing consumer behavior

Government action affecting long-term profitability (correct)

Market fluctuations impacting short-term gains

What are the characteristics of the global environment according to the text?

Ecological, societal, political, legal, economic, technological, geographical

Ecological, societal, cultural, technological, political, legal, economic (correct)

Societal, cultural, economic, political, legal, technological, geographical

Ecological, geographical, cultural, technological, political, legal, economic

What does the legal environment in international management consist of?

Laws specific to each country including taxation and property rights Signup and view all the answers

What is globalization defined as in the text?

A process of growing interconnections worldwide in all spheres of activity Signup and view all the answers

What does globalization refer to?

Growing interconnections worldwide in all spheres of activity Signup and view all the answers

What does the political environment in the global context depend on?

Political stability, role of the state in the economy, and political risk Signup and view all the answers

What is the legal environment in international management comprised of?

Laws specific to each country, including legislation related to taxes, contract law, and property rights protection Signup and view all the answers

What is political risk in the global environment defined as?

Any government action or politically motivated event that can affect long-term profitability or the value of a company Signup and view all the answers

What does Porter's Diamond model aim to determine?

Determinants of competitive advantage Signup and view all the answers

International Management Quiz

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Questions and Answers

What does Porter's Diamond model aim to determine?

What is political risk in the global environment defined as?

What are the characteristics of the global environment according to the text?

What does the legal environment in international management consist of?

What is globalization defined as in the text?

What does globalization refer to?

What does the political environment in the global context depend on?

What is the legal environment in international management comprised of?

What is political risk in the global environment defined as?

What does Porter's Diamond model aim to determine?

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