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 - ansD. 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 - ansD. 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 - ansC. 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 - ansB. 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:
A. Homesourcing
B. Insourcing
C. Offshoring
D. Outsourcing - ansD. Outsourcing
The process by which companies undertake some activities at offshore locations
instead of in their countries of origin is:
A. Homesourcing
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 - ansD. 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 - ansD. 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 - ansC. 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 - ansB. 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:
A. Homesourcing
B. Insourcing
C. Offshoring
D. Outsourcing - ansD. Outsourcing
The process by which companies undertake some activities at offshore locations
instead of in their countries of origin is:
A. Homesourcing