Personality Differences Across Cultures in International Business

What is the concept that describes the extent to which a person believes that power and status differences are appropriate within social hierarchies?

Authoritarianism

Which theoretical approach to motivation focuses on identifying the specific need or set of needs that result in motivated behavior?

Need-based models of motivation

What is the concept that represents the set of processes by which an individual becomes aware of and interprets information about the environment?

Perceptual process

Which model of motivation deals with how people assess the consequences of their behavioral choices and how that assessment affects the future choice of behaviors?

Reinforcement model of motivation Signup and view all the answers

What is the concept that describes the extent to which a person believes that he or she is a worthwhile and deserving individual?

Self-esteem Signup and view all the answers

Which of the following best describes personality?

A set of psychological attributes that distinguishes one person from another Signup and view all the answers

The 'nature versus nurture' debate in psychology involves the extent to which personality attributes are:

Biologically inherited or shaped by the social and cultural environment Signup and view all the answers

What is 'Locus of Control'?

The extent to which people believe that their behaviour really affects what happens to them Signup and view all the answers

What is 'Self-efficacy'?

A person's beliefs about his or her capabilities to perform a task Signup and view all the answers

'Internal locus of control' refers to individuals who believe that:

They are in control of their lives Signup and view all the answers

In the context of trade policy, which approach involves minimal government influence on exporting and importing decisions of private firms and individuals?

Free trade Signup and view all the answers

According to the national defence argument for trade intervention, what does a nation need to be dependent on to avoid vulnerability to threats from other countries?

Critical raw materials Signup and view all the answers

Which trade policy approach involves government intervention to balance exports and imports, ensuring exports receive a fair share of foreign markets and controlling imports to minimize job loss and market share decline in specific industries?

Fair trade Signup and view all the answers

What is the primary objective of an import-substitution strategy in the context of economic development programs?

Encouraging growth of domestic manufacturing industries Signup and view all the answers

In the context of trade policy debates, what kind of broad policies may governments implement according to the national defense argument for intervening in the market?

Policies considering the needs of the economy and society as a whole Signup and view all the answers

What is the rationale behind the infant industry argument?

To protect industries during their infancy and adolescence through comparative advantage Signup and view all the answers

What is the purpose of export tariffs?

To raise revenue for the national government Signup and view all the answers

What does a quota act as a barrier to in international trade?

Imported goods Signup and view all the answers

What is the purpose of embargoes in international trade?

To absolutely ban the export or import of goods to a particular location Signup and view all the answers

What is the purpose of voluntary export restraints (VERs) in international trade?

A promise by a country to limit its exports of a good to another country to a pre-specified amount or percentage of the affected market. Signup and view all the answers