Test Bank – International Management:
Culture, Strategy, and Behavior, latest
Release
Globalization results from a dramatic increase in all of the following EXCEPT:
a.
protectionism.
b.
international trade.
c.
cultural exchange.
d.
foreign direct investment. - answer-A
_____ occurs when activities that were once part of a company's internal operation, are
performed by other firms outside of the U.S. at a lower cost.
a.
Offshoring
b.
Outsourcing
c.
Telecommuting
d.
Open-sourcing - answer-B
_____ focuses on how individuals manage a global business.
a.
International business
b.
Global business strategy
c.
International management
d.
Global trade - answer-C
Which of the following focuses on the macro approach to operating internationally?
a.
Global trade
b.
International management
c.
Global business strategy
,d.
International business - answer-D
Which of the following statements about Big Unit Capitalism is false?
a.
It is characterized by a low degree of central planning even in many free-market
economies.
b.
The period immediately after World War II is referred to as the period of Big Unit
capitalism.
c.
Big Unit Capitalism from the end of World War II until 1971 produced a period of
unmatched economic growth.
d.
It is characterized by stable economics with large domestic firms. - answer-A
Which of the following was a negotiated monetary order after World War II to govern
monetary relations and currency exchange rates among independent states?
a.
World Trade Organization
b.
Bretton Woods system
c.
Big Unit Capitalism
d.
GATT - answer-B
The change in the amount of information available began with the globalization of:
a.
computers.
b.
telephones.
c.
television.
d.
radio broadcasting. - answer-C
The flow of information about the need to be able to act on specific problems has led to
a new invention from Massachusetts Institute of Technology called the:
a.
self-replicating machine.
b.
digital fabricator.
c.
RepRap Project.
d.
, fab lab. - answer-D
Which of the following statements about the fab lab is false?
a.
It is a collection of commercially available machines that can be used to make anything
with features smaller than those of a computer chip.
b.
It includes a laser cutter that makes two-dimensional and three-dimensional structures.
c.
It contains a miniature milling machine that maneuvers a cutting tool in three
dimensions to make circuit boards and other precision parts.
d.
The components can machine objects with precision within one-millionth of a meter. -
answer-A
What is the purpose of the fab lab?
a.
To train managers around the world and to ensure that the global managers are using
consistent methods.
b.
To give backyard and desktop inventors access to design houses and job shops to
produce prototypes.
c.
Creating a Global Production Center to ensure state-of-the-art production methods are
used around the world.
d.
Focusing on quality manufacturing and a commitment to innovation, even at the lower
end of the marketplace. - answer-B
For much of the post-Cold War era, most large-scale domestic and international lending
or underwriting was done by all of the following EXCEPT:
a.
big commercial banks.
b.
investment banks.
c.
credit unions.
d.
insurance companies. - answer-C
A new technological innovation, product, service or business model that overturns the
existing dominant innovation or technological standard in the marketplace is called a(n):
a.
de facto innovation.
b.
evolutionary innovation.
Culture, Strategy, and Behavior, latest
Release
Globalization results from a dramatic increase in all of the following EXCEPT:
a.
protectionism.
b.
international trade.
c.
cultural exchange.
d.
foreign direct investment. - answer-A
_____ occurs when activities that were once part of a company's internal operation, are
performed by other firms outside of the U.S. at a lower cost.
a.
Offshoring
b.
Outsourcing
c.
Telecommuting
d.
Open-sourcing - answer-B
_____ focuses on how individuals manage a global business.
a.
International business
b.
Global business strategy
c.
International management
d.
Global trade - answer-C
Which of the following focuses on the macro approach to operating internationally?
a.
Global trade
b.
International management
c.
Global business strategy
,d.
International business - answer-D
Which of the following statements about Big Unit Capitalism is false?
a.
It is characterized by a low degree of central planning even in many free-market
economies.
b.
The period immediately after World War II is referred to as the period of Big Unit
capitalism.
c.
Big Unit Capitalism from the end of World War II until 1971 produced a period of
unmatched economic growth.
d.
It is characterized by stable economics with large domestic firms. - answer-A
Which of the following was a negotiated monetary order after World War II to govern
monetary relations and currency exchange rates among independent states?
a.
World Trade Organization
b.
Bretton Woods system
c.
Big Unit Capitalism
d.
GATT - answer-B
The change in the amount of information available began with the globalization of:
a.
computers.
b.
telephones.
c.
television.
d.
radio broadcasting. - answer-C
The flow of information about the need to be able to act on specific problems has led to
a new invention from Massachusetts Institute of Technology called the:
a.
self-replicating machine.
b.
digital fabricator.
c.
RepRap Project.
d.
, fab lab. - answer-D
Which of the following statements about the fab lab is false?
a.
It is a collection of commercially available machines that can be used to make anything
with features smaller than those of a computer chip.
b.
It includes a laser cutter that makes two-dimensional and three-dimensional structures.
c.
It contains a miniature milling machine that maneuvers a cutting tool in three
dimensions to make circuit boards and other precision parts.
d.
The components can machine objects with precision within one-millionth of a meter. -
answer-A
What is the purpose of the fab lab?
a.
To train managers around the world and to ensure that the global managers are using
consistent methods.
b.
To give backyard and desktop inventors access to design houses and job shops to
produce prototypes.
c.
Creating a Global Production Center to ensure state-of-the-art production methods are
used around the world.
d.
Focusing on quality manufacturing and a commitment to innovation, even at the lower
end of the marketplace. - answer-B
For much of the post-Cold War era, most large-scale domestic and international lending
or underwriting was done by all of the following EXCEPT:
a.
big commercial banks.
b.
investment banks.
c.
credit unions.
d.
insurance companies. - answer-C
A new technological innovation, product, service or business model that overturns the
existing dominant innovation or technological standard in the marketplace is called a(n):
a.
de facto innovation.
b.
evolutionary innovation.
