COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS
GRADED A+
A(n) ____ business is one that is primarily based in a single country but that acquires
some meaningful share of its resources and/or revenues from other countries. -
Answer international
A strategic alliance and a joint venture are the same thing. - Answer false
A disadvantage of importing/exporting is - Answer government restrictions
A manager concerned with time zone differences is worried about - Answer
controlling
A French ministry has banned the word e-mail from official communication. Instead, the
French words for quick and mail have been combined to form a new word. This is an
official attempt to protect the French - Answer cultural environment
A U.S. recording company that wanted to take advantage of the fact that European
teens love everything American would find it difficult to get its music played on French
radio stations. French stations are required to play at least 40 percent French-made
music. This requirement indicates one way that the ____ environment challenges
international management. - Answer political-legal
A nation's cost of living is part of its - Answer economic environment
A tariff - Answer can be collected by countries through which goods pass
A developing country in South America offers your firm a construction subsidy if you
build your new plant there. This is an example of - Answer an incentive for
international trade
A country's culture includes all the values, symbols, beliefs, and language that guide
behavior. - Answer true
According to the science of management, management tasks should be approached in
all of the following ways EXCEPT - Answer intuitive
Advertising and subscription revenue at US newspapers have been decreasing. A CEO
sets a goal of stopping the decline. The CEO is engaged in - Answer planning
A cross country running team is an example of an organization. - Answer true