International Management: Culture, Strategy, Behavior – Chapter 1
The process of applying management concepts and techniques in a multinational environment and
adapting management practices to different economic, political and cultural environments is:
A. Strategic management
B. Internationalization
C. Globalization
D. International management - correct answersD. International management
To qualify as a multinational corporation, a firm must meet all of the following criteria except:
A. Operations in more than one country
B. International sales
C. A nationality mix of managers and owners
D. Sales of at least one million dollars per year - correct answersD. Sales of at least one million dollars
per year
, Globalization:
A. Is the growth of interstate trade, spurred on by the progress toward free-market policies
B. Is the subcontracting of activities to endogenous organizations that had previously been performed
within the firm
C. Is the process of social, political, economic, cultural and technological integration among countries
around the world
D. Is the process of a business crossing national and cultural borders - correct answersC. Is the process of
social, political, economic, cultural and technological integration among countries around the world
Identify the statement that is false of globalization.
A. It can be defined as the process of social, political, economic, cultural and technological integration
among countries around the world
B. It is the process of a business crossing national and cultural borders
C. Evidence of globalization can be seen in increased levels of trade, capital flows and migration
D. It has been facilitated by technological advances in transnational communications, transport and
travel - correct answersB. It is the process of a business crossing national and cultural borders
The subcontracting or contracting out of activities to endogenous organizations that had previously
been performed by the firm is called:
The process of applying management concepts and techniques in a multinational environment and
adapting management practices to different economic, political and cultural environments is:
A. Strategic management
B. Internationalization
C. Globalization
D. International management - correct answersD. International management
To qualify as a multinational corporation, a firm must meet all of the following criteria except:
A. Operations in more than one country
B. International sales
C. A nationality mix of managers and owners
D. Sales of at least one million dollars per year - correct answersD. Sales of at least one million dollars
per year
, Globalization:
A. Is the growth of interstate trade, spurred on by the progress toward free-market policies
B. Is the subcontracting of activities to endogenous organizations that had previously been performed
within the firm
C. Is the process of social, political, economic, cultural and technological integration among countries
around the world
D. Is the process of a business crossing national and cultural borders - correct answersC. Is the process of
social, political, economic, cultural and technological integration among countries around the world
Identify the statement that is false of globalization.
A. It can be defined as the process of social, political, economic, cultural and technological integration
among countries around the world
B. It is the process of a business crossing national and cultural borders
C. Evidence of globalization can be seen in increased levels of trade, capital flows and migration
D. It has been facilitated by technological advances in transnational communications, transport and
travel - correct answersB. It is the process of a business crossing national and cultural borders
The subcontracting or contracting out of activities to endogenous organizations that had previously
been performed by the firm is called:
