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Management-unit 7-8 Quiz

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Master the fundamentals of international business with this comprehensive guide, covering cross-cultural management, global trade, and multinational corporation strategies. Perfect for students and professionals seeking to understand the complexities of the global marketplace.

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Circle the letter of the Definition that corresponds to the displayed Term.

1. FOREIGN goods
A: arrangements in which firms agree to cooperate on certain aspects of business while
B: products made by firms in other countries
C: business activities that occur between two or more countries
D: a milder form of embargo that bans specific business ties with a foreign countty


2. Culture
A: the customs beliefs values and patterns of behavior of the people of a country or group
B: an establishment defines by its ability to accomplish business activities in a temporary
C: a progression of related jobs with increasing skill requirements and responsibility
D: products made by firms in other countries


3. Bonus
A: the customs beliefs values and patterns of behavior of the people of a country or group
B: products made by firms within a country
C: bonus paid at the end of a specific period of time for performance that exceeds the expected
D: a total ban from doing business with a particular country


4. Career development
A: making a job more interesting by adding variety to the tasks
B: a temporary or permanent reduction in the number of employees resulting from a change in
C: a program that matches the career planning of employees with the employment needs of
D: products made by firms within a country


5. compensation
A: a formal interview with an employee who is leaving a company to determine the person;s
B: an establishment defines by its ability to accomplish business activities in a temporary
C: the money or other benefits people receive for work
D: a tax pn an import


6. Job sharing
A: an employment plan that allows two people to share one full-time job
B: space within a persons home that is organized for the efficient performance of office tasks
C: bonus paid at the end of a specific period of time for performance that exceeds the expected
D: a business willing to make a significant financial commitment to establish manufacturing and


7. Exchange rate
A: a total ban from doing business with a particular country


GoldenChapter – Stuvia 2024/2025 Edition

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Stuart Wall, Bronwen Rees International Business
Publisher: september 2009 ISBN: 9780273723721 Edition: 1

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