Weekly Quizzes.pdf - Quiz 1 The Value Added Chain includes which of the following activities ALL OF THESE Most commercial business involves business to

Weekly Quizzes.pdf - Quiz 1 The Value Added Chain includes...

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Unformatted text preview: Quiz​ ​1 The​ ​Value​ ​Added​ ​Chain​ ​includes​ ​which​ ​of​ ​the​ ​following​ ​activities?​ ​ALL​ ​OF​ ​THESE Most​ ​commercial​ ​business​ ​involves​ ​“business​ ​to​ ​business”​ ​transactions,​ ​where​ ​firms​ ​sell products​ ​or​ ​services​ ​to​ ​other​ ​firms,​ ​such​ ​as​ ​one​ ​firm​ ​selling​ ​raw​ ​materials​ ​to​ ​another​ ​firm​ ​for​ ​use in​ ​a​ ​new​ ​product.​ ​These​ ​transactions​ ​happen​ ​throughout​ ​the​ ​entire​ ​value​ ​chain.​ ​TRUE Which​ ​of​ ​the​ ​following​ ​is​ ​NOT​ ​an​ ​example​ ​of​ ​international​ ​business?​ ​A​ ​firm​ ​receives​ ​a​ ​building permit​ ​from​ ​its​ ​government​ ​to​ ​construct​ ​a​ ​parking​ ​facility​ ​in​ ​the​ ​nation's​ ​capital International​ ​business​ ​occurs​ ​when​ ​any​ ​value​ ​creation​ ​activity​ ​or​ ​transaction​ ​crosses​ ​at​ ​least​ ​one international​ ​border.​ ​TRUE Which​ ​of​ ​the​ ​following​ ​terms​ ​describes​ ​a​ ​business​ ​transaction​ ​in​ ​which​ ​a​ ​firm​ ​sells​ ​a​ ​product​ ​to an​ ​end​ ​user​ ​consumer​ ​instead​ ​of​ ​another​ ​firm?​ ​BUSINESS​ ​TO​ ​CONSUMER​ ​(B2C) A​ ​group​ ​of​ ​nations​ ​who​ ​get​ ​together​ ​to​ ​integrate​ ​their​ ​economies​ ​in​ ​the​ ​hopes​ ​of​ ​amplifying resources,​ ​expanding​ ​downstream​ ​markets​ ​and​ ​improving​ ​each​ ​other's​ ​economies​ ​is​ ​called: REGIONAL​ ​ECONOMIC​ ​INTEGRATION​ ​PACT Merchandise​ ​goods​ ​are​ ​physical​ ​tangible​ ​goods​ ​that​ ​can​ ​be​ ​seen​ ​and​ ​traded.​ ​Therefore, merchandise​ ​goods​ ​are​ ​sometimes​ ​called​ ​visible​ ​trade.​ ​TRUE Services​ ​can​ ​be​ ​__________.​ ​EITHER​ ​IMPORTED​ ​OR​ ​EXPORTED Both​ ​tangible​ ​goods​ ​and​ ​intangible​ ​services​ ​can​ ​be​ ​________________.IMPORTED​ ​AND EXPORTED Importing​ ​occurs​ ​when -where​ ​a​ ​firm​ ​sources​ ​products​ ​or​ ​services​ ​from​ ​another​ ​country​ ​for​ ​sale​ ​or​ ​use​ ​in​ ​creating something​ ​else. The​ ​U.S.A.​ ​leads​ ​all​ ​countries​ ​in​ ​the​ ​world​ ​in​ ​the​ ​total​ ​value​ ​of​ ​goods​ ​and​ ​services​ ​imported​ ​each year.​ ​TRUE Supranational​ ​organizations​ ​are​ ​entities​ ​whose​ ​span​ ​of​ ​control​ ​or​ ​influence​ ​ranges​ ​over​ ​how many​ ​nations?​ ​e.​ ​multiple​ ​nations​ ​usually​ ​spanning​ ​whole​ ​regions Services​ ​cannot​ ​be​ ​imported​ ​because​ ​they​ ​are​ ​not​ ​quantifiable.FALSE Quiz​ ​2 Globalization​ ​is​ ​criticized​ ​because​ ​it____.​ ​ ​EXPLOITS​ ​WORKERS​ ​IN​ ​LOW-WAGE​ ​NATIONS Imports​ ​are​ ​services​ ​as​ ​well​ ​as​ ​manufactured​ ​goods​ ​which​ ​are​ ​brought​ ​from​ ​a​ ​firm​ ​in​ ​foreign country​ ​and​ ​then​ ​brought​ ​into​ ​the​ ​country​ ​of​ ​firm​ ​purchasing​ ​them.​ ​TRUE An​ ​established​ ​consumer​ ​market​ ​that​ ​primarily​ ​comprises​ ​the​ ​middles​ ​class​ ​and​ ​possess​ ​efficient infrastructure​ ​is​ ​characteristic​ ​of​ ​markets.​ ​DEVELOPED Makes​ ​it​ ​possible​ ​for​ ​Apple​ ​to​ ​create ​and​ ​distribute​ ​many​ ​of​ ​its​ ​products​ ​around​ ​the​ ​world without​ ​having​ ​to​ ​make​ ​much​ ​if​ ​any​ ​modifications​ ​to​ ​satisfy​ ​the​ ​needs​ ​of​ ​consumers​ ​in​ ​different national​ ​markets.​ ​GLOBALIZATION The​ ​three​ ​main​ ​goals​ ​of​ ​WTO​ ​are​ ​to​ ​help​ ​the​ ​free​ ​flow​ ​of​ ​trade,​ ​help​ ​negotiate​ ​the​ ​further opening​ ​of​ ​markets,​ ​and​ ​ ​ ​ ​.​ ​SETTLE​ ​TRADE​ ​DISPUTES​ ​BETWEEN​ ​ITS​ ​MEMBERS One​ ​of​ ​the​ ​biggest​ ​problems​ ​with​ ​the​ ​original​ ​GATT​ ​was​ ​that​ ​it​ ​did​ ​not​ ​have​ ​the​ ​power​ ​to .ENFORCE​ ​WORLD​ ​TRADE​ ​RULES Multinational​ ​corporations​ ​have​ ​direct​ ​investments​ ​abroad​ ​in​ ​multiple​ ​countries.​ ​TRUE Executives​ ​at​ ​MTV​ ​initially​ ​did​ ​not​ ​want​ ​to​ ​split​ ​MTV​ ​into​ ​separate​ ​national​ ​stations​ ​but eventually​ ​did​ ​it​ ​because​ ​of​ ​breakthrough​ ​in​ ​technology​ ​that​ ​allowed​ ​them​ ​to​ ​think​ ​locally​ ​while acting​ ​globally.​ ​FALSE The​ ​primary​ ​role​ ​of​ ​the​ ​World​ ​Bank​ ​is​ ​to​ ​provide​ ​financing​ ​for​ ​countries​ ​seeking​ ​to​ ​promote national​ ​economic​ ​development.​ ​TRUE Products​ ​marketed​ ​in​ ​all​ ​countries​ ​essentially​ ​without​ ​any​ ​changes​ ​are​ ​known​ ​as​ ​continental products.​ ​FALSE Which​ ​of​ ​the​ ​following​ ​is​ ​the​ ​BEST​ ​DEFINITION​ ​of​ ​what​ ​constitutes​ ​international​ ​business​ ​at its​ ​simplest​ ​level?​ ​A​ ​COMMERCIAL​ ​VALUE​ ​CREATION​ ​ACTIVITY​ ​THAT​ ​CROSSES​ ​AN INTERNATIONAL​ ​BORDER Chapter​ ​2​ ​presents​ ​three​ ​types​ ​of​ ​markets​ ​found​ ​around​ ​the​ ​world:​ ​Developed,​ ​emerging,​ ​and traditional.​ ​TRUE To​ ​be​ ​sure,​ ​there​ ​are​ ​two​ ​sides​ ​to​ ​the​ ​globalization​ ​debate.​ ​From​ ​the​ ​anti-globalization perspective,​ ​one​ ​criticism​ ​frequently​ ​raised​ ​is​ ​that​ ​large​ ​multinational​ ​corporations​ ​heavily involved​ ​in​ ​the​ ​production​ ​and​ ​distribution​ ​of​ ​consumer​ ​goods​ ​have​ ​a​ ​destructive​ ​influence​ ​on​ ​ ​ ​. CULTURAL​ ​DIVERSITY The​ ​worldwide​ ​movement​ ​toward​ ​increased​ ​political,​ ​cultural,​ ​technological​ ​and​ ​especially economic​ ​interdependence​ ​among​ ​economies​ ​and​ ​national​ ​institutions​ ​is​ ​ ​ ​.GLOBALIZATION The​ ​term​ ​refers​ ​to​ ​entities​ ​cooperating​ ​across​ ​national​ ​boundaries.​ ​INTERNATIONALIZATION Donna​ ​bader​ ​spent​ ​her​ ​final​ ​year​ ​at​ ​college​ ​studying​ ​the​ ​effect​ ​of​ ​various​ ​economic​ ​factors​ ​on​ ​the economy​ ​of​ ​developing​ ​nations.​ ​Based​ ​on​ ​the​ ​results​ ​of​ ​her​ ​study,​ ​she​ ​concluded​ ​that globalization​ ​does​ ​these​ ​countries​ ​more​ ​harm​ ​than​ ​good.​ ​Which​ ​of​ ​the​ ​following​ ​statements,​ ​if true,​ ​strengthens​ ​Donna’s​ ​argument?​ ​MANY​ ​COMPANIES​ ​TAKE​ ​ADVANTAGE​ ​OF LENIENT​ ​LABOR​ ​LAWS​ ​BY​ ​SETTING​ ​UP​ ​FACILITIES​ ​IN​ ​LOW_INCOME​ ​COUNTRIES Quiz​ ​3 When​ ​one​ ​culture’s​ ​behavioral​ ​traits​ ​take​ ​root​ ​and​ ​become​ ​common​ ​in​ ​other​ ​cultures,​ ​ ​ ​ ​is​ ​said​ ​to have​ ​occurred.​ ​CULTURAL​ ​DIFFUSION Is​ ​defined​ ​by​ ​a​ ​group​ ​of​ ​beliefs,​ ​values,​ ​rules,​ ​laws​ ​and​ ​institutions​ ​that​ ​a​ ​particular​ ​have​ ​in common.​ ​CULTURE Examining​ ​a​ ​country’s​ ​business​ ​climate​ ​is​ ​the​ ​first​ ​step​ ​that​ ​should​ ​be​ ​taken​ ​in​ ​examining​ ​a country’s​ ​possible​ ​potential​ ​for​ ​international​ ​expansion.​ ​TRUE For​ ​successful​ ​international​ ​managers​ ​to​ ​be​ ​culturally​ ​adaptable,​ ​the​ ​first​ ​and​ ​most​ ​important​ ​step is​ ​to​ ​effectively​ ​alter​ ​their​ ​behavior​ ​to​ ​suit​ ​cultural​ ​expectations.​ ​FALSE Scenario:​ ​Wiener​ ​Land​ ​goes​ ​international Wally​ ​seinfeld​ ​is​ ​the​ ​owner​ ​and​ ​president​ ​of​ ​Wally’s​ ​wiener​ ​land​ ​in​ ​Peoria,​ ​Illinois.​ ​After​ ​a​ ​great vacation​ ​in​ ​Asia​ ​Wally​ ​decides​ ​to​ ​take​ ​his​ ​locally​ ​successful​ ​chain​ ​international.​ ​He​ ​decide​ ​to begin​ ​with​ ​Chine.​ ​He​ ​decides​ ​to​ ​several​ ​of​ ​his​ ​local​ ​managers​ ​to​ ​China​ ​to​ ​assess​ ​the​ ​market potential​ ​and​ ​conduct​ ​a​ ​feasibility​ ​study.Before​ ​the​ ​team​ ​goes​ ​to​ ​China,​ ​Wally​ ​hires​ ​a​ ​reputable firm​ ​that​ ​provides​ ​intensive-cross​ ​cultural​ ​training​ ​to​ ​firms​ ​seeking​ ​to​ ​expand​ ​into​ ​Asian​ ​markets, Which​ ​of​ ​the​ ​following​ ​terms​ ​best​ ​describes​ ​what​ ​wally​ ​seeks​ ​for​ ​his​ ​team?​ ​CULTURAL LITERACY All​ ​cultures​ ​and​ ​their​ ​core​ ​values​ ​will​ ​change,​ ​adapt​ ​to​ ​international​ ​events​ ​and​ ​become​ ​more flexible​ ​with​ ​time.​ ​FALSE Occurs​ ​when​ ​executives,​ ​managers,​ ​and​ ​others​ ​get​ ​positions​ ​in​ ​their​ ​own​ ​firms​ ​for​ ​their​ ​own family​ ​members.​ ​NEPOTISM When​ ​a​ ​nation​ ​is​ ​isolated​ ​by​ ​topological​ ​barriers,​ ​its​ ​natural​ ​culture​ ​changes​ ​more​ ​slowly.​ ​TRUE James​ ​Smith​ ​is​ ​a​ ​young​ ​accountant​ ​for​ ​a​ ​Delaware-based​ ​company​ ​that​ ​has​ ​been​ ​considering joint​ ​ventures​ ​in​ ​Asia​ ​and​ ​Latin​ ​American.​ ​He​ ​has​ ​been​ ​chosen​ ​to​ ​be​ ​a​ ​ ​part​ ​of​ ​a​ ​small​ ​team​ ​to visit​ ​JApan,​ ​Malaysia​ ​and​ ​a​ ​few​ ​others​ ​countries​ ​in​ ​SE​ ​Asia.​ ​this​ ​will​ ​be​ ​his​ ​first​ ​trip​ ​outside​ ​of the​ ​USA.​ ​He​ ​has​ ​been​ ​spending​ ​time​ ​learning​ ​Japanese​ ​jokes​ ​to​ ​break​ ​the​ ​ice​ ​in​ ​meetings​ ​with his​ ​japanese​ ​colleagues.​ ​This​ ​should​ ​be​ ​very​ ​helpful​ ​to​ ​James​ ​while​ ​in​ ​Japan.​ ​FALSE In​ ​some​ ​cultures​ ​it​ ​is​ ​considered​ ​normal​ ​for​ ​there​ ​to​ ​be​ ​a​ ​considerable​ ​degree​ ​of​ ​inequality​ ​in status​ ​and​ ​authority​ ​between​ ​a​ ​manager​ ​and​ ​subordinate.​ ​In​ ​other​ ​cultures,​ ​it​ ​is​ ​considered normal​ ​for​ ​there​ ​to​ ​be​ ​less​ ​of​ ​a​ ​difference.​ ​Which​ ​cultural​ ​dimension​ ​does​ ​this​ ​depict?​ ​POWER DISTANCE​ ​DIMENSION Nearly​ ​50​ ​Million​ ​hispanic​ ​citizens​ ​of​ ​the​ ​USA​ ​are​ ​subcultured​ ​existing​ ​within​ ​the​ ​larger national​ ​U.S​ ​culture.​ ​TRUE Sometimes​ ​when​ ​socioeconomic​ ​and/or​ ​political​ ​situations​ ​in​ ​a​ ​country​ ​deteriorate​ ​severely,​ ​a significant​ ​number​ ​of​ ​professionals​ ​will​ ​leave​ ​to​ ​live​ ​in​ ​another​ ​state​ ​more​ ​stable​ ​country.​ ​This has​ ​been​ ​happening​ ​recently​ ​in​ ​Venezuela​ ​and​ ​Syria.​ ​This​ ​exodus​ ​of​ ​talented​ ​people​ ​is​ ​known​ ​as brain​ ​drain.​ ​TRUE Which​ ​of​ ​the​ ​following​ ​can​ ​foster​ ​cultural​ ​imperialism?​ ​A​ ​SIGNIFICANT​ ​REDUCTION​ ​IN BARRIERS​ ​TO​ ​BOTH​ ​INVESTMENT​ ​AND​ ​TRADE Within​ ​most​ ​of​ ​the​ ​world’s​ ​major​ ​cultures​ ​exist​ ​smaller​ ​cultures​ ​as​ ​subcultures​ ​which​ ​are microcosms​ ​of​ ​the​ ​dominant​ ​national​ ​culture.​ ​These​ ​subcultures​ ​duplicate​ ​the​ ​ideologies,​ ​values and​ ​beliefs​ ​of​ ​their​ ​broader,​ ​national​ ​cultures.​ ​FALSE In​ ​a​ ​nation​ ​with​ ​a​ ​very​ ​low​ ​score​ ​on​ ​the​ ​cultural​ ​dimension,​ ​there​ ​would​ ​be​ ​a​ ​comparatively greater​ ​emphasis​ ​on​ ​the​ ​importance​ ​of​ ​the​ ​meeting​ ​one’s​ ​obligations,​ ​and​ ​reciprocity​ ​of​ ​giving gifts,​ ​and​ ​on​ ​the​ ​value​ ​of​ ​individual​ ​reputation​ ​and​ ​stability.​ ​LONG​ ​TERM​ ​ORIENTATION Quiz​ ​4 Research​ ​has​ ​shown​ ​that​ ​while​ ​bribery​ ​is​ ​common​ ​in​ ​China,​ ​the​ ​chinese​ ​people​ ​have​ ​a​ ​lot​ ​of experience​ ​with​ ​it​ ​as​ ​a​ ​result​ ​it​ ​does​ ​not​ ​affect​ ​the​ ​national’​ ​Gross​ ​Domestic​ ​Product.​ ​FALSE ​ ​_____Is​ ​the​ ​degree​ ​to​ ​which​ ​a​ ​society​ ​or​ ​organization’s​ ​membership​ ​adheres​ ​to​ ​(follows) general​ ​ethical​ ​behavioral​ ​standards.​ ​Ethical​ ​compliance What​ ​position​ ​regarding​ ​social​ ​responsibility​ ​has​ ​a​ ​firm​ ​adopted​ ​if​ ​it​ ​does​ ​the​ ​bare​ ​minimum​ ​to deal​ ​with​ ​environmental​ ​or​ ​social​ ​issues​ ​it​ ​faces.​ ​Obstructionist​ ​Stance An​ ​example​ ​of​ ​__________​ ​would​ ​be​ ​if​ ​a​ ​firm​ ​donates​ ​$750,00​ ​to​ ​set​ ​up​ ​sanitation​ ​and​ ​basic medical​ ​care​ ​facilitates​ ​for​ ​displaced​ ​Rohinga​ ​refugees​ ​in​ ​Bangladesh.​ ​Philanthropic​ ​Giving How​ ​people​ ​view​ ​or​ ​define​ ​unethical​ ​versus​ ​ethical​ ​behavior​ ​is​ ​influenced​ ​by​ ​their​ ​values.​ ​True What​ ​position​ ​regarding​ ​social​ ​responsibility​ ​has​ ​a​ ​firm​ ​adopted​ ​if​ ​it​ ​does​ ​the​ ​bare​ ​minimum​ ​to deal​ ​with​ ​environmental​ ​or​ ​social​ ​issues​ ​?​ ​Obstructionist One​ ​of​ ​the​ ​best​ ​tools​ ​firms​ ​have​ ​to​ ​check​ ​whether​ its​ ​employees​ ​hold​ ​the​ ​proper​ ​values​ ​and engage​ ​in​ ​the​ ​appropriate​ ​behaviors​ ​to​ ​achieve​ ​firm​ ​success​ ​in​ ​the​ ​corporate​ ​responsibility​ ​audit. False Managers​ ​who​ ​are​ ​tried​ ​and​ ​found​ ​by​ ​courts​ ​to​ ​be​ ​guilty​ ​of​ ​having​ ​paid​ ​bribes​ ​can​ ​be​ ​made​ ​to pay​ ​fines​ ​but​ ​do​ ​not​ ​have​ ​to​ ​spend​ ​time​ ​in​ ​jail.​ ​FALSE Joanna​ ​true Ethics​ ​applies​ ​to​ ​groups​ ​or​ ​organizations.​ ​It​ ​is​ ​not​ ​an​ ​individual​ ​concept.​ ​FALSE Maria​ ​is​ ​a​ ​junior​ ​accountant​ ​for​ ​a​ ​successful​ ​global​ ​engineering​ ​firm.​ ​She​ ​finds​ ​out​ ​that​ ​her​ ​boss has​ ​been​ ​using​ ​company​ ​money​ ​to​ ​pay​ ​for​ ​his​ ​personal​ ​vacations.​ ​She​ ​reports​ ​this​ ​to​ ​her supervisor.​ ​What​ ​maria​ ​has​ ​done​ ​is​ ​referred​ ​to​ ​as…​ ​whistle-blowing Sometimes​ ​after​ ​devastating​ ​natural​ ​disasters,​ ​some​ ​people​ ​will​ ​take​ ​advantage​ ​of​ ​the​ ​situation​ ​to steal​ ​other​ ​unguarded​ ​possessions​ ​or​ ​loot​ ​businesses​ ​that​ ​have​ ​been​ ​temporarily​ ​abandoned. However,​ ​this​ ​was​ ​not​ ​a​ ​major​ ​problem​ ​after​ ​the​ ​earthquake​ ​and​ ​flooding​ ​that​ ​ravaged​ ​Japan​ ​in 2011.​ ​An​ ​explanation​ ​for​ ​the​ ​japanese​ ​case​ ​lies​ ​in​ ​ ​ ​.​ ​Importance​ ​of​ ​group​ ​membership Considering​ ​Van​ ​Tulder​ ​and​ ​Van​ ​der​ ​Zwart’s​ ​model​ ​in​ ​chapter​ ​four,​ ​of​ ​the​ ​following​ ​concepts, which​ ​best​ ​demonstrates​ ​a​ ​country’s​ ​cultural​ ​values.​ ​Civil​ ​Society If​ ​a​ ​firm​ ​takes​ ​a​ ​defensive​ ​position​ ​towards​ ​social​ ​responsibility,​ ​it​ ​will​ ​do​ ​all​ ​that​ ​is​ ​required​ ​to do​ ​but​ ​not​ ​anything​ ​else.​ ​TRUE Large​ ​german​ ​firms​ ​typically​ ​negotiate​ ​with​ ​labor​ ​organizations​ ​under​ ​the​ ​oversight​ ​of​ ​German Government.​ ​True Which​ ​of​ ​the​ ​following​ ​is​ ​considered​ ​to​ ​be​ ​a​ ​man​ ​actor​ ​in​ ​the​ ​model​ ​developed​ ​by​ ​Van​ ​Tulder and​ ​Van​ ​der​ ​Zwart.​ ​The​ ​State Some​ ​organizations​ ​ ​earn​ ​revenue​ ​by​ ​providing​ ​guided​ ​tours​ ​to​ ​see​ ​wild,​ ​exotic​ ​animals​ ​in addition​ ​to​ ​the​ ​usual​ ​room​ ​and​ ​food​ ​hotels​ ​provide​ ​and​ ​then​ ​use​ ​a​ ​significant​ ​portion​ ​of​ ​the earning​ ​to​ ​help​ ​maintain​ ​these​ ​animals​ ​and​ ​their​ ​natural​ ​environments.​ ​These​ ​organizations engage​ ​in…​ ​Ecotourism Quiz​ ​5 The​ ​three​ ​types​ ​of​ ​interpretive​ ​frameworks​ ​in​ ​international​ ​business​ ​are Ethnocentric,​ ​polycentric​ ​and​ ​geocentric Which​ ​one​ ​of​ ​the​ ​following​ ​accurately​ ​describes​ ​a​ ​difference​ ​between​ ​jobs​ ​in​ ​the​ ​home​ ​office versus​ ​those​ ​in​ ​foreign​ ​subsidiary?​ ​Employees​ ​in​ ​foreign​ ​subsidiaries​ ​typically​ ​have​ ​broader​ ​job responsibilities​ ​than​ ​employees​ ​in​ ​the​ ​home​ ​office. In​ ​order​ ​for​ ​a​ ​manager​ ​to​ ​truly​ ​globalize​ ​her​ ​career​ ​and​ ​be​ ​successful,​ ​____​ ​is​ ​required.​ ​Growing global​ ​awareness​ ​and​ ​real-life​ ​knowledge​ ​about​ ​how​ ​the​ ​world​ ​works Jeanette​ ​thompson,​ ​a​ ​native​ ​texan,​ ​is​ ​being​ ​sent​ ​by​ ​her​ ​company,​ ​Samsung​ ​of​ ​South​ ​Korea,​ ​to head​ ​up​ ​a​ ​new​ ​facility​ ​in​ ​HONG​ ​Kong.​ ​Jeanette​ ​would​ ​be​ ​considered​ ​a(n)​ ​Third​ ​country​ ​national A​ ​key​ ​disadvantage​ ​of​ ​a​ ​polycentric​ ​staffing​ ​policy​ ​is​ ​that​ ​limits​ ​the​ ​mobility​ ​of​ ​subsidiary executives​ ​True A​ ​geocentric​ ​staffing​ ​policy​ ​seeks​ ​the​ ​best​ ​qualified​ ​people​ ​for​ ​key​ ​jobs​ ​throughout​ ​the organization,​ ​irrespective​ ​of​ ​their​ ​nationality.​ ​True Expatriate​ ​failure,​ ​broadly​ ​defined,​ ​indicates​ ​there​ ​is​ ​a​ ​breakdown​ ​in​ ​a​ ​company’s​ ​selection policies​ ​to​ ​staff​ ​its​ ​foreign​ ​operations.​ ​True Human​ ​Resource​ ​management​ ​is​ ​(BLANK)​ ​for​ ​MNEs​ ​than​ ​it​ ​is​ ​for​ ​purely​ ​domestic​ ​firms​ ​not operating​ ​overseas. A​ ​lot​ ​more​ ​complex​ ​and​ ​difficult The​ ​various​ ​activities​ ​of​ ​HRM​ ​perform​ ​best​ ​when​ ​managers​ ​link​ ​them​ ​to​ ​the​ ​strategy​ ​of​ ​the​ ​firm. True Human​ ​Resource​ ​Management​ ​is​ ​the​ ​spectrum​ ​of​ ​activities​ ​that​ ​a​ ​firm,​ ​whether​ ​purely​ ​domestic or​ ​completely​ ​global,​ ​undertakes​ ​to​ ​Staff​ ​its​ ​operations. The​ ​past​ ​few​ ​years​ ​have​ ​seen​ ​fewer​ ​females​ ​sent​ ​on​ ​international​ ​assignments.​ ​False Sophia​ ​is​ ​an​ ​engineer​ ​with​ ​Prudent​ ​Dynamics.​ ​Prudent​ ​is​ ​sending​ ​Sophia​ ​to​ ​work​ ​in​ ​PAkistan two​ ​years.​ ​Sophia’s​ ​husband​ ​JEffrey​ ​and​ ​their​ ​two​ ​children​ ​are​ ​going​ ​with​ ​her.​ ​Prudent​ ​provides them​ ​funds​ ​to​ ​help​ ​Jeffrey​ ​locate​ ​work​ ​and​ ​for​ ​the​ ​family​ ​to​ ​learn​ ​cross​ ​cultural​ ​interaction​ ​skills. Prudent​ ​is​ ​providing​ ​the​ ​family​ ​with​ ​a​ ​Spouse​ ​allowance A​ ​growing​ ​number​ ​of​ ​MNEs​ ​in​ ​Asia​ ​and​ ​LAtin​ ​America​ ​are​ ​using​ ​performance-based​ ​pay​ ​to link​ ​compensation​ ​with​ ​business​ ​results.​ ​True The​ ​human​ ​capital​ ​index,​ ​based​ ​on​ ​a​ ​comprehensive​ ​global​ ​study​ ​of​ ​more​ ​than​ ​2,000​ ​companies, found​ ​that​ ​superior​ ​human​ ​capital​ ​practices​ ​were​ ​ ​ ​ ​ ​ ​ ​ ​correlated​ ​with​ ​a​ ​firm’s​ ​financial​ ​returns and​ ​were​ ​a(n)​ ​ ​ ​ ​ ​indicator​ ​of​ ​increased​ ​shareholder​ ​value.​ ​Positively,​ ​leading The​ ​HRM​ ​requirements​ ​of​ ​a(n)​ ​ ​ ​ ​ ​ ​strategy​ ​are​ ​well​ ​matched​ ​with​ ​a​ ​geocentric​ ​staffing​ ​policy Transnational Expatriate​ ​failure​ ​is​ ​the​ ​term​ ​used​ ​to​ ​describe​ ​when​ ​a​ ​manager​ ​is​ ​unable​ ​to​ ​complete ​an assignment​ ​in​ ​another​ ​country​ ​and​ ​returns​ ​prematurely​ ​to​ ​the​ ​home​ ​country.​ ​This​ ​is​ ​ ​usually​ ​an indication​ ​that​ ​There​ ​has​ ​been​ ​a​ ​breakdown​ ​in​ ​the​ ​firm’s​ ​foreign​ ​staffing​ ​policy A​ ​staffing​ ​policy​ ​which​ ​entails​ ​looking​ ​or​ ​the​ ​best​ ​people​ ​with​ ​the​ ​highest​ ​qualifications​ ​to​ ​fill important​ ​positions​ ​throughout​ ​the​ ​firm,​ ​without​ ​placing​ ​importance​ ​on​ ​the​ ​nationality​ ​of candidates​ ​is​ ​the​ ​global​ ​centric​ ​staffing​ ​policy.​ ​False Jackson​ ​tereson,​ ​a​ ​native​ ​of​ ​Dallas,​ ​Texas,​ ​is​ ​being​ ​sent​ ​by​ ​his​ ​firm,​ ​Sanyo​ ​of​ ​Japan​ ​to​ ​be​ ​in charge​ ​of​ ​a​ ​new​ ​plant​ ​in​ ​china.​ ​Jack​ ​is​ ​an​ ​example​ ​of​ ​an​ ​ ​ ​ ​ ​.​ ​Third-country​ ​national A​ ​british​ ​MNE​ ​with​ ​operations​ ​all​ ​over​ ​the​ ​world​ ​has​ ​a​ ​special​ ​leadership​ ​development​ ​program to​ ​expedite​ ​and​ ​deepen​ ​the​ ​development​ ​of​ ​its​ ​future​ ​leaders.​ ​It​ ​brings​ ​to​ ​its​ ​headquarters​ ​in London​ ​promising​ ​young​ ​managers​ ​from​ ​some​ ​of​ ​its​ ​subsidiary​ ​in​ ​emerging​ ​markets​ ​for​ ​a​ ​year to​ ​take​ ​part​ ​in​ ​the​ ​program.​ ​These​ ​managers​ ​are​ ​called​ ​Reverse​ ​expatriates Quiz​ ​6 (blank)​ ​seizure​ ​of​ ​corporate​ ​assets​ ​with​ ​compensation​ ​Expropriation On​ ​which​ ​of​ ​the​ ​following​ ​is​ ​Islamic​ ​law​ ​based?​ ​-​Qur'an Islamic​ ​law​ ​(or​ ​shariah)​ ​ ​is​ ​based​ ​on​ ​the​ ​-Qur’an Which​ ​of​ ​the​ ​following​ ​terms​ ​refers​ ​to​ ​the​ ​existence​ ​of​ ​a​ ​legal​ ​system​ ​based​ ​on​ ​clear​ ​rules​ ​and fair​ ​enforcement?​ ​Rule​ ​of​ ​law Denmark​ ​Legal​ ​system​ ​(scenario) Downunder,​ ​a​ ​big​ ​sporting​ ​goods​ ​chain​ ​in​ ​New​ ​Zealand​ ​wants​ ​to​ ​open​ ​a​ ​store​ ​in​ ​Denmark. Downunder​ ​operates​ ​several​ ​stores​ ​around​ ​the​ ​world.​ ​Downunder​ ​executives​ ​understand​ ​that legal​ ​systems​ ​do​ ​vary​ ​from​ ​country​ ​to​ ​country​ ​to​ ​nation​ ​to​ ​nation.​ ​Having​ ​never​ ​opened​ ​a​ ​store​ ​in Denmark,​ ​the​ ​downunder​ ​legal​ ​team​ ​is​ ​investigating​ ​Danish​ ​LAws​ ​to​ ​determine​ ​how​ ​they​ ​would impact​ ​the​ ​firm​ ​and​ ​its​ ​ability​ ​to​ ​operate​ ​there.​ ​If​ ​downunder​ ​decides​ ​to​ ​open​ ​a​ ​store​ ​in​ ​Denmark, which​ ​of​ ​the​ ​following​ ​would​ ​support​ ​that​ ​decision? -MNEs​ ​may​ ​transfer​ ​profits​ ​back​ ​to​ ​the​ ​home​ ​country​ ​without​ ​restriction. How​ ​international​ ​firms​ ​do​ ​business​ ​in​ ​a​ ​mixed​ ​and​ ​command​ ​economies​ ​is​ ​affected​ ​by​ ​the actions​ ​of​ ​public​ ​officers,​ ​institutions​ ​and​ ​government​ ​agencies.​ ​This​ ​is​ ​not​ ​the​ ​case​ ​in​ ​free market​ ​economies.​ ​False The​ ​three​ ​major​ ​types​ ​of​ ​current​ ​political​ systems​ ​are​ ​Totalitarianism,​ ​socialism​ ​and​ ​democracy Expropriation​ ​is​ ​the​ ​term​ ​used​ ​to​ ​describe​ ​a​ ​host​ ​country​ ​government​ ​seizing​ ​the​ ​assets​ ​of​ ​a foreign​ ​corporation​ ​and​ ​providing​ ...
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