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1 | | The Triad countries include the United States, the European Union, and _______. |
| | A) | Japan |
| | B) | Brazil |
| | C) | China |
| | D) | Australia |
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2 | | In phase 2 of a firm's international expansion, the firm is usually considered to be a/an _________ firm that has expanded its sales abroad. |
| | A) | multinational |
| | B) | domestic |
| | C) | international |
| | D) | foreign |
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3 | | Which of the following legal systems have: community orientation, a set of rules based on customs, and legal outcomes evaluated relative to the group? |
| | A) | Islamic Law |
| | B) | Common Law |
| | C) | Asian Systems |
| | D) | Sub-Saharan African Law |
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4 | | The legal system that possesses the common characteristics of a large degree of bureaucracy and minimal emphasis on personal/individual rights is ___________. |
| | A) | Communist/Socialist Law |
| | B) | Civil Law |
| | C) | Asian Systems |
| | D) | Sub-Saharan African Law |
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5 | | Factors to assist with the classification and rating of political risks across countries include _________. |
| | A) | import restrictions |
| | B) | stability of the political system |
| | C) | per capita income |
| | D) | all of the above |
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6 | | An example of an external economic risk is _________. |
| | A) | tariffs |
| | B) | threat of kidnapping of expatriates |
| | C) | presence of roads and ports |
| | D) | ability to hire foreign nationals |
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7 | | An organization facing significant international expansion difficulties due to regulations regarding the environmental impact of the business can be said to be experiencing ________. |
| | A) | domestic economic risk |
| | B) | external economic risk |
| | C) | political/economic risk |
| | D) | environmental impact risk |
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8 | | The _________ approach to managing risk includes the direct approach of long-term agreements and promotion of host goals. |
| | A) | defensive/reactive |
| | B) | linking/proactive |
| | C) | defensive/linking |
| | D) | reactive/linking |
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9 | | The number one countries considered to be the most and least risky areas in which to conduct business (respectively) are _______ and ________. |
| | A) | Singapore, China |
| | B) | Nigeria, Canada |
| | C) | Ecuador, Luxembourg |
| | D) | Ireland, Vietnam |
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10 | | An indirect defensive/reactive approach to managing risk is/are _______. |
| | A) | home country government pressure |
| | B) | lobbying of foreign governments |
| | C) | joint ventures |
| | D) | All of the above |
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11 | | ________ can impact international business operations by its affect on business hours, holidays, and days of rest. |
| | A) | Paralanguage |
| | B) | Communication barriers |
| | C) | Religion |
| | D) | Cultural knowledge |
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12 | | Which work-related value dimension is best identified by the extent to which the primary focus is on assertive acquisition of money and power versus the quality of life and one's interpersonal relationships? |
| | A) | Individualism-Collectivism |
| | B) | Masculinity-Femininity |
| | C) | Uncertainty avoidance |
| | D) | Power distance |
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13 | | Which of the following value dimension has a focus that looks at the value of the self versus the group? |
| | A) | Uncertainty avoidance |
| | B) | Masculinity-Femininity |
| | C) | Power distance |
| | D) | Individualism-Collectivism |
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14 | | The model of value differences was first designed by ________. |
| | A) | Abraham Maslow |
| | B) | Geert Hofstede |
| | C) | Frederick Taylor |
| | D) | Frederick Hertzberg |
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15 | | Which of the following is/are considered a/an consequence(s) of organizational failure to manage American expatriation? |
| | A) | Wasted relocation costs |
| | B) | Effective performance |
| | C) | Career progression |
| | D) | All of the above |
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