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MNB3701 Assignment 1 (QUIZ) Semester 2 2024

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MNB3701 Assignment 1 (QUIZ COMPLETE ANSWERS) Semester 2 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... Question 1 Answer saved Marked out of 1.00 Question 2 Answer saved Marked out of 1.00 QUIZ A corporate language refers to ________. a. foreign language used informally by tourists b. language people use for informal chats with the colleagues c. native language in the MNEs country of origin d. language used for all formal communications within an MNE Clear my choice What is the most fundamental question in the eld of international business? a. Which continent has the largest population and natural resources? b. Which country has experienced the largest increase in companies? c. What are the negative impacts of globalization on people and societies? d. What determines the success and failure of rms around the globe? Clear my choice Time left 0:28:55 7/28/24, 11:47 AM Assessment 1 (page 1 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 3 Answer saved Marked out of 1.00 Question 4 Answer saved Marked out of 1.00 QUIZ Which of the following is NOT a characteristic of the legal processes of common law? a. Lawyers are few therefore cheap b. Juries make the decision c. Each party pays its own legal costs d. More confrontational Clear my choice Walter Eucken is known as a key intellectual inspiration for which scholarly school of thought? a. The German form of market economy b. The institution-based view c. The varieties of capitalism view d. The legal traditions view Clear my choice Time left 0:29:10 7/28/24, 11:47 AM Assessment 1 (page 2 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 5 Answer saved Marked out of 1.00 Question 6 Answer saved Marked out of 1.00 QUIZ Which of the following refers to an economic system where all factors of production are state-owned? a. Mixed economy b. Traditional economy c. Market economy d. Command economy Clear my choice In a collective society, people belonging to the in-group have an advantage... a. Out-group members are likely to pay them bribes b. Other members of the same group will trust them more c. Members of other groups will show them respect d. Out-group members will show them respect Clear my choice Time left 0:29:24 7/28/24, 11:46 AM Assessment 1 (page 3 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 7 Answer saved Marked out of 1.00 Question 8 Answer saved Marked out of 1.00 QUIZ _________refers to the rules by which shareholders and other interested parties control corporate decision makers. a. Corporate governance b. Share price c. Direct democracy d. Political party Clear my choice Which of the following indicates high power distance? a. Colleagues addressing each other by rst name b. The lack of a rst-class compartments in trains c. Addressing your manager with a formal pronoun d. A comprehensive welfare-state Clear my choice Time left 0:29:34 7/28/24, 11:46 AM Assessment 1 (page 4 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 9 Answer saved Marked out of 1.00 Question 10 Answer saved Marked out of 1.00 QUIZ Which of the following is NOT a primary institution grounded in the legal system that needs to be in place for competition to deliver the desired outcomes as identi ed by Walter Euken? a. The economic liability of economic agents b. The right to private property c. The currency should be stable and not manipulated d. The freedom to make contracts to exchange property Clear my choice Globalisation is often accelerated through the removal of regulatory restrictions on businesses. This is commonly called ________ a. Intervention b. Liberalisation c. Privatisation d. Competition Clear my choice Time left 0:29:47 7/28/24, 11:46 AM Assessment 1 (page 5 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 11 Answer saved Marked out of 1.00 Question 12 Answer saved Marked out of 1.00 QUIZ ________ are rms that engage in foreign direct investment. a. Small and medium enterprises b. Multinational enterprises c. Formal institutions d. Multilateral institutions Clear my choice Globalisation remains a matter in the developed economies in a Triad. Which three regions makes up a Triad? a. North America, Central Europe and France b. North America, Western Europe and Japan c. Australia, Central Europe and Canada d. Australia, Western Europe and Japan Clear my choice Time left 0:29:55 7/28/24, 11:46 AM Assessment 1 (page 6 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 13 Answer saved Marked out of 1.00 Question 14 Answer saved Marked out of 1.00 QUIZ Which one of the following is a characteristic of low uncertainty avoidance cultures? a. resistance to change and job security b. focus retirement benets and job security c. willingness to take risks and less resistance to change d. less resistance to change and focus on retirement benets Clear my choice The pro le of a person who creates a comfort zone for people from different cultural backgrounds by adopting their general posture and communication style is referred to as a ________. a. analyst b. natural c. mimic d. local Clear my choice Time left 0:30:08 7/28/24, 11:46 AM Assessment 1 (page 7 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 15 Answer saved Marked out of 1.00 Question 16 Answer saved Marked out of 1.00 QUIZ __________ refers to the vast majority of people who makes low income per year. a. Third tier of pyramid b. Base of pyramid c. Top tier of pyramid d. Second tier of pyramid Clear my choice Which of the following refers to the exclusive rights of a rm to use speci c names, brands and designs? a. Copyrights b. Ownership of a corporation c. Ownership of a house d. Trademarks Clear my choice Time left 0:30:24 7/28/24, 11:45 AM Assessment 1 (page 8 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 17 Answer saved Marked out of 1.00 Question 18 Answer saved Marked out of 1.00 QUIZ Liability of outsidership is a challenge that foreign rms face in a host environment due to a ________. a. lack of familiarity with local contexts b. lack of jobs with skilled workers c. lack of strengths and opportunities d. lack of resources and capabilities Clear my choice ___________refers to a political system where one person or political party exercises political control. a. Totalitarian b. Communism c. Democracy d. Autocracy Clear my choice Time left 0:30:44 7/28/24, 11:45 AM Assessment 1 (page 9 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 19 Not yet answered Marked out of 1.00 Question 20 Not yet answered Marked out of 1.00 QUIZ Which one of the core perspectives of international business focus on a rms internal resources and capabilities? a. Resource-based view b. Environmental-based view c. Management-based view d. Institution-based view Clear my choice Which one of the following legal systems use comprehensive statutes and codes as a primary means to form legal judgements? a. Common law b. Case law c. English law d. Civil law Clear my choice Time left 0:31:00 7/28/24, 11:45 AM Assessment 1 (page 10 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 1 Answer saved Marked out of 1.00 Question 2 Answer saved Marked out of 1.00 QUIZ Which of the following is NOT a pillar of the institutional framework as described by sociologist Richard Scott? a. Normative b. Regulatory c. Cognitive d. Informatory Clear my choice Which of the following does not create a liability of outsidership? a. Lack of experience, b. Lack of business networks, c. Being a native d. Being a foreigner, Clear my choice Time left 0:38:56 7/28/24, 9:37 AM Assessment 1 (page 1 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 3 Answer saved Marked out of 1.00 Question 4 Answer saved Marked out of 1.00 QUIZ When a rm layoff staff on short notice to secure pro tability, this is an example of ________ behaviour. a. legal b. unholy c. unnatural d. unethical Clear my choice Globalisation remains a matter in the developed economies in a Triad. Which three regions makes up a Triad? a. Australia, Central Europe and Canada b. North America, Western Europe and Japan c. Australia, Western Europe and Japan d. North America, Central Europe and France Clear my choice Time left 0:39:05 7/28/24, 9:37 AM Assessment 1 (page 2 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 5 Answer saved Marked out of 1.00 Question 6 Answer saved Marked out of 1.00 QUIZ Walter Eucken is known as a key intellectual inspiration for which scholarly school of thought? a. The German form of market economy b. The institution-based view c. The varieties of capitalism view d. The legal traditions view Clear my choice One of the views on globalisation is associated with ________. a. decreasing the power of multinational enterprises. b. a force that incorporates national cultures. c. new technologies that accelerate communication. d. increasing income for unskilled workers. Clear my choice Time left 0:39:18 7/28/24, 9:37 AM Assessment 1 (page 3 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 7 Answer saved Marked out of 1.00 Question 8 Answer saved Marked out of 1.00 QUIZ _______ is used to measure differences in cost of living in different countries. a. Purchasing power parity (PPP) b. Gross national product (GNP) c. Gross national income (GNI) d. Gross domestic products (GDP) Clear my choice _______ refers to economies that only recently established institutional frameworks that facilitate international trade and investment. a. Third world countries b. Frontier markets c. Developed countries d. Emerging markets Clear my choice Time left 0:39:28 7/28/24, 9:37 AM Assessment 1 (page 4 of 10) Downloaded by Thomas Mboya () lOMoARcPSD| UNISA  2024  MNB3701-24-S2  Welcome Message  Assessment 1 Question 9 Answer saved Marked out of 1.00 Question 10 Answer saved Marked out of 1.00 QUIZ _________refers to a process leading to greater interdependence and mutual awareness among economics, political and social units in the world, and among actors in general. a. International Trade b. Europeanization c. Globalisation d. EU Integration Clear my choice Which of the following refers to an economic system where all factors of production are state-owned? a. Command economy b. Mixed economy c. Market economy d. Traditional economy Clear my choice

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MNB3701
ASSIGNMENT 1 SEMESTER 2 2024
UNIQUE NO.
DUE DATE: 2024

,1. A corporate language refers to ________.
o d. language used for all formal communications within an MNE




2. What is the most fundamental question in the field of international
business?
o d. What determines the success and failure of firms around the
globe?




3. Which of the following is NOT a characteristic of the legal processes of
common law?
o a. Lawyers are few therefore cheap




4. Walter Eucken is known as a key intellectual inspiration for which
scholarly school of thought?
o a. The German form of market economy




5. Which of the following refers to an economic system where all factors of
production are state-owned?
o d. Command economy




6. In a collective society, people belonging to the in-group have an
advantage...
o b. Other members of the same group will trust them more

, 7. _________ refers to the rules by which shareholders and other interested
parties control corporate decision makers.
o a. Corporate governance




8. Which of the following indicates high power distance?
o c. Addressing your manager with a formal pronoun




9. Which of the following is NOT a primary institution grounded in the legal
system that needs to be in place for competition to deliver the desired
outcomes as identified by Walter Eucken?
o a. The economic liability of economic agents




10. Globalisation is often accelerated through the removal of regulatory
restrictions on businesses. This is commonly called ________.
o b. Liberalisation




11. ________ are firms that engage in foreign direct investment.
o b. Multinational enterprises




12. Globalisation remains a matter in the developed economies in a Triad.
Which three regions make up a Triad?
o b. North America, Western Europe and Japan
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