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| 1 | |
The set of forces and conditions that originate with global suppliers, distributors, customers, and competitors and that affect an organization’s ability to obtain inputs and dispose of its outputs refer(s) to ____. |
| | A) | folkways |
| | B) | resource capital |
| | C) | power distance |
| | D) | the task environment |
| | E) | political capital |
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| 2 | |
Which of the following is likely to be part of the general environment of a firm rather than its task environment? |
| | A) | A new competitor enters the market, forcing the management to revise its pricing. |
| | B) | The firm’s top supplier goes out of business, resulting in higher raw materials costs. |
| | C) | The company begins hiring older employees and employees from minority communities as part of its new diversity program. |
| | D) | The employees of the company begin to unionize aggressively, forcing the management to revise pay structures. |
| | E) | A worldwide recession brings about a change in the firm’s marketing strategies. |
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| 3 | |
When a company contracts with suppliers in other countries to make the various inputs or components that go into its products or to assemble the final products to reduce costs, global ___ occurs. |
| | A) | outsourcing |
| | B) | restructuring |
| | C) | downsizing |
| | D) | insolvency |
| | E) | empowerment |
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| 4 | |
The function of a distributor is to: |
| | A) | provide an organization with input resources it needs to produce goods and services. |
| | B) | buy the goods and services an organization produces. |
| | C) | help organizations sell their goods or services to customers. |
| | D) | produce goods and services that are similar to a particular organization’s goods and services. |
| | E) | provide an organization with finances to produce goods and services. |
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| 5 | |
A tax that a government imposes on goods imported into one country from another is a ___. |
| | A) | tariff |
| | B) | more |
| | C) | lien |
| | D) | bailment |
| | E) | garnishment |
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| 6 | |
Outcomes of changes in the characteristics of a population such as age, gender, ethnic origin, race, sexual orientation, and social class are ___ forces. |
| | A) | economic |
| | B) | technological |
| | C) | political |
| | D) | demographic |
| | E) | sociocultural |
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| 7 | |
Which of the following best describes folkways? |
| | A) | They are the unwritten, informal codes of conduct that prescribe appropriate behaviour. |
| | B) | They are norms considered to be central to the functioning of society. |
| | C) | They are ideas about what a society believes to be good and desirable. |
| | D) | They are prohibitions that originate with political and religious leaders. |
| | E) | They are the routine social conventions of everyday life. |
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| 8 | |
According to Hofstede’s model of national culture, which of the following is true of high power distance societies? |
| | A) | Workers who are professionally successful amass wealth and pass it on to their children. |
| | B) | Large social and financial inequalities between citizens are not allowed to develop. |
| | C) | Regulation aims at minimizing the discord between different classes of citizens. |
| | D) | These societies are more attuned to preventing a large gap between rich and poor. |
| | E) | Inequalities in society are held to be due to the unjust distribution of resources in society. |
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| 9 | |
Which of the following is a characteristic of low power distance societies rather than high power distance societies? |
| | A) | Inequalities are allowed to persist over time. |
| | B) | The gap between the rich and the poor grows very large. |
| | C) | The government uses taxation and social welfare programs. |
| | D) | Discord between different classes of citizens is common. |
| | E) | There is a high degree of acceptance for social and economic differences. |
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| 10 | |
Societies that value assertiveness, performance, success, competition, and results have a(n) ____. |
| | A) | nurturing orientation |
| | B) | short-term orientation |
| | C) | long-term orientation |
| | D) | individual orientation |
| | E) | achievement orientation |
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