BMAL 604 Quiz: International Business and Cultural Dimension | Liberty University

BMAL 604 – International Business and Cultural Dimensions Quiz Study
Guide
Disclaimer: Use this as a study guide. Answers are based on the quiz discussed in this chat.

Question 1
Through __________, the domestic firm is able to focus its resources on areas in which it
maintains a distinct competitive advantage, such as service offerings or research and
development.

 Manufacturing
 Glocalization
 Outsourcing
 Trading

Correct Answer: Outsourcing

Question 2
A low individualism ranking typifies societies of a more collective nature with close ties
between individuals.

 True
 False

Correct Answer: True

Question 3
Low-context culture refers to societies where people tend to have many connections of
shorter duration.

 True
 False

Correct Answer: False

Question 4
Socially responsible organizations investigate ways in which to reinvest in those
communities by readily contributing in terms of growth and economic development.

 True
 False

Correct Answer: True

, Question 5
Foreign direct investment is an attractive option for firms looking to diversify their
investment portfolios and creating opportunities for firms looking to enter emerging
markets.

 True
 False

Correct Answer: True

Question 6
Economic health varies in moderate correlation with the amount of international trade
activity in each host country.

 True
 False

Correct Answer: True

Question 7
The __________ is home to some of the world’s leading hardware and software manufacturers.

 Japan
 China
 United States
 Russia

Correct Answer: United States

Question 8
People in particularistic cultures share the belief that general rules, codes, values and
standards take precedence over particular needs and claims of friends and relations.

 True
 False

Correct Answer: False

Question 9
Pax Americana refers to the period of relative peace since the end of World War II.

 True
 False

Correct Answer: True