MANA 1301 practice final exam
questions well answered graded A+
2025/2026
In Thomas Friedman's famous book, The World is Flat, he posits that the global trade market
has reached a plateau from which it will likely not recover. - correct answer ✔✔False
The appropriate approach for countries interested in regional integration could include the
following three fundamentals: start small, think global, and compensate the least fortunate. -
correct answer ✔✔True
Guanxi refers to the relationship between subordinates and superiors. It denotes friendship
among unequal’s involving unlimited exchanges of favors; thus, it is not based upon sentiment. -
correct answer ✔✔True
A U.S. company sending an employee to work for a few years in its Madrid, Spain office while
also learning the Spanish language would be an example of training. - correct answer ✔✔True
Mohammed is a Saudi native and works in the capital city of Riyadh for Lubrizol, an American
manufacturer of lubricants; as such, he would be considered a host country national. - correct
answer ✔✔True
A growing ASEAN concern is the economic ascendancy of Turkey, which as a major low-cost
manufacturing center, has been one of the world's most attractive destinations for foreign direct
investment. - correct answer ✔✔False
Backward translation is a powerful tool used to avoid cultural gaffes when translating marketing
materials in a foreign language. - correct answer ✔✔True
, The five fundamentals of ethics education proposed by AACSB are: personal integrity,
responsibility of business in society, ethical decision making, ethical leadership, and corporate
governance. - correct answer ✔✔True
A company that has identified an employee with future managerial potential and consequently
sends that employee to a three-week university-sponsored program to help develop her
leadership skills is an example of development. - correct answer ✔✔True
Organizational structure determines the boundaries of the organization. - correct answer
✔✔True
Reebok transferring the manufacturing of its sneakers to a third-party company in Thailand
would be an example of both outsourcing and offshoring. - correct answer ✔✔True
The four basic steps in ethical decision making are: define all the facts and circumstances,
identify the people affected, determine the alternative decisions and consequences, and make
the decision and carry it out. - correct answer ✔✔True
When it comes to franchising, the parent company's objective is to make sure that when a
customer visits its franchisee in any country, the quality of products and services provided are
similar in every store. - correct answer ✔✔True
The first step a domestic firm takes when entering an international arena is usually to create an
international division. - correct answer ✔✔True
The World Bank's World Development Report (WDR), titled "Reshaping Economic Geography,"
analyzes trade and regional economic integration through the lens of economic geography (i.e.,
market size, location, and openness to trade). The WDR concludes that positive changes within
these three categories are essential for successful regional integration. - correct answer
✔✔True
questions well answered graded A+
2025/2026
In Thomas Friedman's famous book, The World is Flat, he posits that the global trade market
has reached a plateau from which it will likely not recover. - correct answer ✔✔False
The appropriate approach for countries interested in regional integration could include the
following three fundamentals: start small, think global, and compensate the least fortunate. -
correct answer ✔✔True
Guanxi refers to the relationship between subordinates and superiors. It denotes friendship
among unequal’s involving unlimited exchanges of favors; thus, it is not based upon sentiment. -
correct answer ✔✔True
A U.S. company sending an employee to work for a few years in its Madrid, Spain office while
also learning the Spanish language would be an example of training. - correct answer ✔✔True
Mohammed is a Saudi native and works in the capital city of Riyadh for Lubrizol, an American
manufacturer of lubricants; as such, he would be considered a host country national. - correct
answer ✔✔True
A growing ASEAN concern is the economic ascendancy of Turkey, which as a major low-cost
manufacturing center, has been one of the world's most attractive destinations for foreign direct
investment. - correct answer ✔✔False
Backward translation is a powerful tool used to avoid cultural gaffes when translating marketing
materials in a foreign language. - correct answer ✔✔True
, The five fundamentals of ethics education proposed by AACSB are: personal integrity,
responsibility of business in society, ethical decision making, ethical leadership, and corporate
governance. - correct answer ✔✔True
A company that has identified an employee with future managerial potential and consequently
sends that employee to a three-week university-sponsored program to help develop her
leadership skills is an example of development. - correct answer ✔✔True
Organizational structure determines the boundaries of the organization. - correct answer
✔✔True
Reebok transferring the manufacturing of its sneakers to a third-party company in Thailand
would be an example of both outsourcing and offshoring. - correct answer ✔✔True
The four basic steps in ethical decision making are: define all the facts and circumstances,
identify the people affected, determine the alternative decisions and consequences, and make
the decision and carry it out. - correct answer ✔✔True
When it comes to franchising, the parent company's objective is to make sure that when a
customer visits its franchisee in any country, the quality of products and services provided are
similar in every store. - correct answer ✔✔True
The first step a domestic firm takes when entering an international arena is usually to create an
international division. - correct answer ✔✔True
The World Bank's World Development Report (WDR), titled "Reshaping Economic Geography,"
analyzes trade and regional economic integration through the lens of economic geography (i.e.,
market size, location, and openness to trade). The WDR concludes that positive changes within
these three categories are essential for successful regional integration. - correct answer
✔✔True
