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INTERNATIONAL BUSINESS EXAM SCRIPT SOLVED QUESTIONS ACCURATE ANSWER COLLECTION

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INTERNATIONAL BUSINESS EXAM SCRIPT SOLVED QUESTIONS ACCURATE ANSWER COLLECTION

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INTERNATIONAL BUSINESS EXAM SCRIPT
SOLVED QUESTIONS ACCURATE ANSWER
COLLECTION

●● 2) Global dependency exists when:
A) countries count on financial aid from other parts of the world
B) items that consumers need and want are created in other countries
C) countries ban foreign trade
D) a citizen from a country gives birth to a child in a foreign country
Answer: B) items that consumers need and want are created in other
countries


●● 3) ___ are products sold in other countries.
A) Domestic goods
B) Imports
C) Exports
D) Foreign goods
Answer: C) Exports


●● 4) Which is not a cultural and social factor that affects the
international business environment?
A) education

,B) language
C) values and customs
D) type of government
Answer: D) type of government


●● 5) The host country
A) is the country in which a multinational enterprise is headquartered
B) is the country in which a multinational enterprise is a guest
C) does not have influence on the operation of the international business
D) is a democracy that allows the entrance of international businesses
Answer: B) is the country in which a multinational enterprise is a guest


●● 6) Which country would have the greatest number of extended
families?
A) Mexico
B) Canada
C) Australia
D) United States
Answer: A) Mexico


●● 7) ____ are people who live and work outside of their native
countries.
A) Parent-country nationals

,B) Foreign employees
C) Expatriates
D) Third-country nationals
Answer: C) Expatriates


●● 8) The __ uses managers from various countries with the geographic
region of a business.
A) polycentric approach
B) geocentric approach
C) regiocentric approach
D) ethnocentric approach
Answer: C) regiocentric approach


●● 9) Employers for multinational companies do not hire employees
based on
A) adaptability
B) competence
C) ethnocentrism
D) personal characteristics
Answer: C) ethnocentrism


●● 10) Managers and families moving to other parts of the world take
part in ___ to understand the local culture.

, A) repatriation training
B) spousal employment counseling
C) global orientation
D) cross-cultural training
Answer: D) cross-cultural training


●● 11) Which of the following is an international firm?
A) Sunrise Computer Systems
B) Gary's Gas Station
C) Buer's Brewers
D) Walmart Inc.
Answer: D) Walmart Inc.


●● 12) Of the following statements, the one that does not describe a
multinational company is that
A) it maintains both an international and local perspective.
B) it maintains only a local perspective to simplify processes.
C) its strength is that it offers a different product in each market.
D) coordination between international and local representation is
crucial.
Answer: C) its strength is that it offers a different product in each
market.

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