MGT 301 Exam 1 UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS
Political repression and denial of rights and civil liberties are dominant ideals of ________. -
CORRECT ANSWER totalitarianism
According to the World Bank, which of the following economies does not rank high on the ease-of-
doing-business index? - CORRECT ANSWER The Philippines
Which of the following is one of the biggest problems in Russia and in other transition economies? -
CORRECT ANSWER Corruption
The most important dimension of the technological environment facing international management
today is - CORRECT ANSWER improved service technologies
Which of the following statements is true about totalitarianism? - CORRECT ANSWER Power
is often maintained by suppression of opposition, which can be violent.
In the context of technological advancements, outsourcing, and offshoring, multinational corporations
have moved certain production activities overseas to capitalize on - CORRECT ANSWER
cheap labor resources
In the context of technological advancements, outsourcing, and offshoring, low-paid workers in India
and Asian countries now are being given subcontracted work such as - CORRECT ANSWER
code-writing jobs
The most popular form of e-business is for ________. - CORRECT ANSWER B2B dealings
In a business context, individualism is synonymous with - CORRECT ANSWER capitalism
In the context of telecommunications, governments are accepting the belief that the only way to
attract foreign investment and know-how in telecommunications is to: - CORRECT ANSWER
cede control to private industry.
, In the context of the four foundations on which laws are based around the world, civil or code law: -
CORRECT ANSWER is derived from Roman law.
U.S. laws require equality in the workplace for all employees. U.S. citizens who take a job in
Germany cannot sue their German employer under the provisions of U.S. law for failure to provide
equal opportunity for them. This exemplifies the: - CORRECT ANSWER principle of
sovereignty.
Adopters of individualism adhere to the philosophy that: - CORRECT ANSWER people
should be free to pursue economic and political endeavors without constraint.
Which of the following industries would constitute the white-collar service industries? - CORRECT
ANSWER Insurance and banks
The ________ holds that every nation has the right of jurisdiction within its legal territory. -
CORRECT ANSWER territoriality principle
The ________ holds that there must be mutual respect for the laws, institutions, and the government
of other countries in the matter of jurisdiction over their own citizens. - CORRECT ANSWER
doctrine of comit
In the context of collectivism, the Greek philosopher Plato believed that: - CORRECT ANSWER
property should be commonly owned.
Keith, a manager in the country of Bodonia, violates a Bodonian law while traveling abroad. He can
still be found guilty in Bodonia. This scenario exemplifies ________. - CORRECT ANSWER
the nationality principle
In the context of offshoring, some informed observers note that technology already has eliminated
much and in the future will eliminate even more of the work being done by: - CORRECT ANSWER
middle managers and white-collar staff
In the context of socialism, Karl Marx believed that: - CORRECT ANSWER governments
should own businesses.
QUESTIONS AND CORRECT ANSWERS
Political repression and denial of rights and civil liberties are dominant ideals of ________. -
CORRECT ANSWER totalitarianism
According to the World Bank, which of the following economies does not rank high on the ease-of-
doing-business index? - CORRECT ANSWER The Philippines
Which of the following is one of the biggest problems in Russia and in other transition economies? -
CORRECT ANSWER Corruption
The most important dimension of the technological environment facing international management
today is - CORRECT ANSWER improved service technologies
Which of the following statements is true about totalitarianism? - CORRECT ANSWER Power
is often maintained by suppression of opposition, which can be violent.
In the context of technological advancements, outsourcing, and offshoring, multinational corporations
have moved certain production activities overseas to capitalize on - CORRECT ANSWER
cheap labor resources
In the context of technological advancements, outsourcing, and offshoring, low-paid workers in India
and Asian countries now are being given subcontracted work such as - CORRECT ANSWER
code-writing jobs
The most popular form of e-business is for ________. - CORRECT ANSWER B2B dealings
In a business context, individualism is synonymous with - CORRECT ANSWER capitalism
In the context of telecommunications, governments are accepting the belief that the only way to
attract foreign investment and know-how in telecommunications is to: - CORRECT ANSWER
cede control to private industry.
, In the context of the four foundations on which laws are based around the world, civil or code law: -
CORRECT ANSWER is derived from Roman law.
U.S. laws require equality in the workplace for all employees. U.S. citizens who take a job in
Germany cannot sue their German employer under the provisions of U.S. law for failure to provide
equal opportunity for them. This exemplifies the: - CORRECT ANSWER principle of
sovereignty.
Adopters of individualism adhere to the philosophy that: - CORRECT ANSWER people
should be free to pursue economic and political endeavors without constraint.
Which of the following industries would constitute the white-collar service industries? - CORRECT
ANSWER Insurance and banks
The ________ holds that every nation has the right of jurisdiction within its legal territory. -
CORRECT ANSWER territoriality principle
The ________ holds that there must be mutual respect for the laws, institutions, and the government
of other countries in the matter of jurisdiction over their own citizens. - CORRECT ANSWER
doctrine of comit
In the context of collectivism, the Greek philosopher Plato believed that: - CORRECT ANSWER
property should be commonly owned.
Keith, a manager in the country of Bodonia, violates a Bodonian law while traveling abroad. He can
still be found guilty in Bodonia. This scenario exemplifies ________. - CORRECT ANSWER
the nationality principle
In the context of offshoring, some informed observers note that technology already has eliminated
much and in the future will eliminate even more of the work being done by: - CORRECT ANSWER
middle managers and white-collar staff
In the context of socialism, Karl Marx believed that: - CORRECT ANSWER governments
should own businesses.
