Multidimensional Care I Exam 1 MDC 1 Exam 1
2023
According to the text, the multinational company - ANSWER: Is any company that
engages in any business function across borders
A global product or service is - ANSWER: A similar product or service for all customers
throughout the world
Emerging markets include - ANSWER: Brazil, China, Russia, India
Globalization is - ANSWER: The trend of businesses expanding beyond their domestic
boundaries
Multinational management is - ANSWER: The formulation and design of management
systems to successfully take advantage of international opportunities and respond to
international threats
The World Trade Organization - ANSWER: Followed GATT Agreements
Developing economies are - ANSWER: Hong Kong, Singapore, and Taiwan
According to your text, FDI means - ANSWER: A foreign company has an ownership
position in a company in another country
Global customers - ANSWER: Search the world for their supplies without regard to
national boundaries
Which of the following statements regarding the European Union is true? - ANSWER:
The European Union has a common currency
When hiring for managerial jobs in high power distance countries, preference is
generally given to individuals - ANSWER: having a high social class or a degree from
an elite university
Cultural paradoxes represent - ANSWER: Cases where situations in reality seem to
contradict cultural prescriptions
Some people believe that the norms, values, and beliefs of their own culture represent
the only correct ways of dealing with the world. This is called - ANSWER: Ethnocentrism
Cultures with high power distance values probably have - ANSWER: Large wage
differences between management and workers
Seniority tends to dominate evaluation and promotion in - ANSWER: Cultures high on
uncertainty avoidance and low on individualism
, Exam
Multidimensional Care I Exam 1 MDC 1 Exam 1
2023
The range of feelings outwardly expressed in society refers to the cultural dimension of -
ANSWER: Neutral vs. affective
All the following is true about culture EXCEPT - ANSWER: Culture is always directly
observable
On which of Hofstede's value dimensions does the U.S. rank highest? - ANSWER:
Individualism
In a universalistic culture, the right way to treat people is based on - ANSWER: Abstract
principles such as rules of law and religion
A culture which has dominant values of success, money, and material things is probably
- ANSWER: High on masculinity
In societies with high social inequality, resources are controlled by - ANSWER: Very few
people
Which of the following has important implications for multinationals? - ANSWER: All of
the above
Which of the following four religions are practiced by 71% of the world's population? -
ANSWER: Christianity, Hinduism, Islam and Buddhism
The famous German Sociologist, Max Weber, argued that the Protestant work ethic -
ANSWER: Led to the emergence of capitalism in Western Europe
Which of the following is not an implication of educational systems as they apply to
multinationals? - ANSWER: All of the above are true
In industrial societies, occupational placement is based on universalistic criteria such as
- ANSWER: Achievement
A complex of positions, roles, norms, and values organizing relatively stable patterns of
human resources to sustain viable social structures refers to which of the following? -
ANSWER: Social institutions
When multinationals pay low wages or use child labor, they often receive - ANSWER:
Negative publicity
Which religion is considered to be timeless and eternal as it not based on a single
founder or event? - ANSWER: Hinduism