q and a.docx

**What is globalization in the context of international management?** - a\) The process of countries becoming isolated economically - b\) Global competition through international linkages that bind countries and institutions - c\) Reducing international trade barriers - d\) A strateg...

**What is globalization in the context of international management?** - a\) The process of countries becoming isolated economically - b\) Global competition through international linkages that bind countries and institutions - c\) Reducing international trade barriers - d\) A strategy to avoid cross-border trade 2. **What is one reason for the increase in globalization?** - a\) Political isolationism - b\) Decreased use of technology in business - c\) Cross-border trade agreements - d\) Decreased consumer market size 3. **Which of the following is an example of a supranational institution influencing globalization?** - a\) The United Nations requiring intellectual property protections in China - b\) The U.S. Food and Drug Administration's drug testing requirements - c\) Japan's tariffs on foreign goods - d\) The British government privatizing its telephone system 4. **What is a key challenge to globalism?** - a\) Increased market size - b\) Protectionism of high-demand resources - c\) Cross-border trade agreements - d\) Increased access to technology 5. **A regional trading bloc is defined as:** - a\) A group of countries forming a military alliance - b\) A group of countries banding together to protect themselves from non-member goods - c\) A political union with a single currency - d\) A union of countries that share common languages 6. **Which of the following is NOT a type of regional trade bloc?** - a\) Free Trade Area - b\) Economic and Monetary Union - c\) Political Union - d\) Cultural Union 7. **The globalization of human capital refers to:** - a\) The increased demand for highly skilled employees at lower costs in globally operating companies - b\) The migration of workers to their home countries - c\) Companies outsourcing jobs to local firms - d\) The decline of human resources in international companies 8. **Which of the following is NOT a type of legal system discussed in international management?** - a\) Common law - b\) Civil law - c\) Islamic law - d\) Religious law 9. **Which legal system is characterized by the assumption that promises will be enforced without specifying the details?** - a\) Common law - b\) Civil law - c\) Islamic law - d\) Corporate law 10. **Moral universalism refers to:** - a\) The practice of applying home country ethics in foreign markets - b\) The belief that a single moral standard should be accepted by all cultures - c\) Adopting local moral codes in foreign countries - d\) Encouraging ethical relativism in international management 11. **What does ethnocentrism mean in international management?** - a\) A belief in adapting to local cultural norms - b\) The attitude that one\'s home country\'s way of doing things is superior - c\) A desire to adopt a universal ethical code - d\) The practice of negotiating cultural differences in the workplace 12. **The Anti-Sweatshop Code of Conduct established by President Clinton includes which of the following?** - a\) Increased work hours - b\) Banning forced labor, abuse, and discrimination - c\) Restricting international labor audits - d\) Elimination of minimum wage standards 13. **Which of the following international codes of conduct provides guidelines for multinational enterprises?** - a\) International Chamber of Commerce - b\) World Health Organization - c\) The Kyoto Protocol - d\) World Trade Organization 14. **Bribery is defined as:** - a\) Offering a gift to show appreciation - b\) Giving or receiving something of value to influence the judgment or conduct of someone illegally - c\) An acceptable business practice in international relations - d\) A method of ensuring a fair transaction between two parties 15. **What is one of the costs multinational corporations (MNCs) may impose on host countries?** - a\) Access to foreign exchange earnings - b\) Increased interest rates - c\) Creation of new jobs - d\) Development of infrastructure 16. **Nationalism in an international management context is:** - a\) The encouragement of cross-border alliances - b\) Public opinion rallied in favor of national goals and against foreign influences - c\) The formation of international coalitions - d\) A reduction in protectionist policies 17. **Which of the following describes protectionism?** - a\) Opening borders to foreign competition - b\) Closing borders partially or completely using tariff and non-tariff barriers to protect domestic markets - c\) Encouraging foreign direct investment - d\) Removing all trade restrictions between countries 18. **The belief that one\'s country\'s way of managing is the best for all cultures is known as:** - a\) Ethnocentrism - b\) Parochialism - c\) Cultural relativism - d\) Globalism 19. **Cultural savvy or Cultural Intelligence refers to:** - a\) The ability to speak multiple languages - b\) Knowledge of cultural variables affecting management decisions - c\) The rejection of local cultural practices in favor of universal standards - d\) The belief in maintaining strict cultural norms while operating abroad 20. **In Hofstede\'s value dimensions, what does \'uncertainty avoidance\' measure?** - a\) The level of acceptance of unequal power distribution - b\) The extent to which members of a society feel threatened by ambiguous situations - c\) The tendency of people to look after themselves and their immediate family only - d\) The degree of gender differentiation in a society 21. **What does individualism vs collectivism refer to in Hofstede's value dimensions?** - a\) The power distribution in an organization - b\) The degree to which people focus on personal achievements versus group goals - c\) The extent of religious influence on decision-making - d\) The level of ambiguity people are comfortable with 22. **According to Trompenaars, what does \'achievement vs ascription\' describe?** - a\) The focus on rules versus relationships in business - b\) Whether status is earned through individual achievement or assigned based on factors like class or age - c\) The balance between work and personal life - d\) The focus on time management in different cultures 23. **Which of the following is a feature of universalism in Trompenaars\' cultural dimensions?** - a\) Emphasis on personal relationships over formal rules - b\) The objective application of rules without regard for personal circumstances - c\) A focus on emotional engagement in business relationships - d\) A belief in subjective and flexible rule applications based on context 24. **What is the GLOBE dimension of \'assertiveness\'?** - a\) The degree to which a society encourages people to be confrontational and competitive - b\) The importance placed on planning for the future - c\) The level of tolerance for ambiguity in social structures - d\) The extent to which people are motivated by altruism and fairness 25. **Power distance refers to:** - a\) The preference for hierarchical relationships in society - b\) The need to avoid uncertainty in business practices - c\) A focus on individual rights over group needs - d\) The balance between assertiveness and empathy in social interactions 26. **Cultural empathy is defined as:** - a\) The belief in imposing one's own cultural standards - b\) An honest caring and awareness of another individual's culture - c\) The rejection of cultural norms in favor of a global moral standard - d\) Adopting universal practices across international markets