Exams-MGT-4190-2003-Summer-Materna

Exams-MGT-4190-2003-Summer-Materna - MGT 4190 International...

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MGT 4190 International Management Kennesaw State University Summer Semester 2003 MID-TERM EXAMINATION Name _________________________________ Note: This exam is worth 250 points, or 25% of your total grade. 1. Briefly define what is meant by the term “international business.” (10 points) 2. What is meant by the term “international management?” (10 points) 3. Please (a) describe what is meant by a polycentric approach toward international management and (b) list at least two “pros” and two “cons” associated with this approach. (12 points) Mgt 4190 International Management 1 12 May 2009
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4. Please (a) describe the concept of “competitive advantage” and (b) list at least two examples of actions a manager could take to assist the firm in achieving or sustaining a competitive advantage across national boundaries. (12 points) 5. Please describe the essence of the theory of “comparative advantage.” (10 points) 6. What important lesson did the United States learn from the Tariff Act of 1930? (10 points) 7. Please (a) define the term “political risk” and (b) list at least two actions a manager can take to mitigate such risk. (12 points) Mgt 4190 International Management 2 12 May 2009
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8. Micro political risk events are those that affect ____________. (5 points) a. numerous industries or companies b. several other nations in the same region c. one industry or company or a few companies d. managers and employees who are nationals 9. Which of the following best describes nationalization? (5 points) a. giving hiring precedence to locals over employees from the company's headquarters b. when confiscated or expropriated assets are taken over and operated by the foreign government c. none of the above 10. _____________ occurs when the local government seizes the foreign-owned
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This note was uploaded on 07/06/2008 for the course MGT 4190 taught by Professor Materna during the Spring '03 term at Kennesaw.

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Exams-MGT-4190-2003-Summer-Materna - MGT 4190 International...

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