International Management Test Bank
(1-3) questions n answers
Globalization results from a dramatic increase in all of the following EXCEPT:
a.
protectionism.
b.
international trade.
c.
cultural exchange.
d.
foreign direct investment. - correct 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 - correct answer ✔✔ B
_____ focuses on how individuals manage a global business.
,a.
International business
b.
Global business strategy
c.
International management
d.
Global trade - correct 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 - correct 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. - correct 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 - correct answer ✔✔ B
The change in the amount of information available began with the globalization of:
a.
computers.
b.
telephones.
c.
television.
d.
radio broadcasting. - correct 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. - correct 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. - correct
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.
(1-3) questions n answers
Globalization results from a dramatic increase in all of the following EXCEPT:
a.
protectionism.
b.
international trade.
c.
cultural exchange.
d.
foreign direct investment. - correct 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 - correct answer ✔✔ B
_____ focuses on how individuals manage a global business.
,a.
International business
b.
Global business strategy
c.
International management
d.
Global trade - correct 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 - correct 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. - correct 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 - correct answer ✔✔ B
The change in the amount of information available began with the globalization of:
a.
computers.
b.
telephones.
c.
television.
d.
radio broadcasting. - correct 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. - correct 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. - correct
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.
