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Test Bank for International Business The Challenges of Globalization, 10th Edition by Wild (All Chapters included)

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The test bank is organized in reverse order, with the last chapter displayed first, to ensure that all chapters are included in this document. (Complete Chapters included Ch17-1)1.Globalization Today 2.Ethics, Social Responsibility, and Sustainability 3.Cross-Cultural Business 4.Political, Economic, and Legal Systems 5.Economic Development of Nations 6.International Trade Theory 7.Governments and Trade 8.Foreign Direct Investment 9.Regional Economic Integration 10.International Financial Markets 11.International Monetary System 12.International Strategy and Organization 13.Analyzing International Opportunities 14.Selecting and Managing Entry Modes 15.Developing and Marketing Products 16.Managing International Operations 17.Hiring and Managing Employees

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International Business The Challenges 10e Wild
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International Business The Challenges 10e wild
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International Business The Challenges 10e wild

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Uploaded on
December 3, 2024
Number of pages
566
Written in
2023/2024
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TEST BANK



International Business The
Challenges of Globalization, 10th
Edition by John J. Wild



Complete Chapter Test Bank
are included (Ch 1 to 17)




** Immediate Download
** Swift Response
** All Chapters included

,Table of Contents are given below




1.Globalization Today

2.Ethics, Social Responsibility, and Sustainability

3.Cross-Cultural Business

4.Political, Economic, and Legal Systems

5.Economic Development of Nations

6.International Trade Theory

7.Governments and Trade

8.Foreign Direct Investment

9.Regional Economic Integration

10.International Financial Markets

11.International Monetary System

12.International Strategy and Organization

13.Analyzing International Opportunities

14.Selecting and Managing Entry Modes

15.Developing and Marketing Products

16.Managing International Operations

17.Hiring and Managing Employees

,The test bank is organized in reverse order, with the last chapter displayed first, to ensure that all
chapters are included in this document. (Complete Chapters included Ch17-1)

International Business: The Challenges of Globalization, 10e (Wild)
Chapter 17 Hiring and Managing Employees

1) The customary means by which a company staffs in its offices is called ________.
A) a staffing policy
B) an employment policy
C) onboarding
D) outsourcing
Answer: A
AACSB: Application of knowledge
Skill: Concept
Difficulty: Easy
LO: 17.1: Explain the three types of staffing policies that international companies use.

2) Which of the following is an appropriate and widely used method for staffing international
business operations?
A) Collective narcissism
B) Cronyism
C) Nepotism
D) Geocentric approach
Answer: D
AACSB: Application of knowledge
Skill: Concept
Difficulty: Easy
LO: 17.1: Explain the three types of staffing policies that international companies use.

3) Firms using a(n) ________ primarily use individuals from the home country to manage
operations abroad.
A) ethnocentric staffing model
B) polycentric staffing model
C) geocentric staffing model
D) monocentric staffing model
Answer: A
AACSB: Diverse and multicultural work environments
Skill: Concept
Difficulty: Easy
LO: 17.1: Explain the three types of staffing policies that international companies use.




1

, 4) Hyundai tends to follow an ethnocentric staffing model. From which group will it most likely
hire for upper-level management positions?
A) Home country nationals
B) Host country nationals
C) Third country nationals
D) Primary country nationals
Answer: A
AACSB: Diverse and multicultural work environments
Skill: Concept
Difficulty: Moderate
LO: 17.1: Explain the three types of staffing policies that international companies use.

5) CADE International, a MNC, typically fills high-level foreign positions with host country
nationals. Which staffing model is most likely used by CADE International?
A) Ethnocentric staffing model
B) Polycentric staffing model
C) Geocentric staffing model
D) Monocentric staffing model
Answer: B
AACSB: Diverse and multicultural work environments
Skill: Concept
Difficulty: Easy
LO: 17.1: Explain the three types of staffing policies that international companies use.

6) Which of the following statements regarding ethnocentric staffing is TRUE?
A) It is to re-create local operations in the image of the home-country operations.
B) It is a relatively inexpensive policy to implement.
C) It allows a company to "blend in" with the local market.
D) It is a good choice for companies operating in highly nationalistic markets.
Answer: A
AACSB: Diverse and multicultural work environments
Skill: Concept
Difficulty: Moderate
LO: 17.1: Explain the three types of staffing policies that international companies use.

7) Which of the following is a major drawback of ethnocentric staffing?
A) Relocating managers from the home country is expensive.
B) Loss of control over host-country operations
C) Loss of control over home-country operations
D) Difficulty in the transfer of special know-how between branches
Answer: A
AACSB: Diverse and multicultural work environments
Skill: Concept
Difficulty: Moderate
LO: 17.1: Explain the three types of staffing policies that international companies use.




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