Business Questions
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The ___ view focuses on the dynamic interactions between law, cultures, and ethics of a country and a firm, and considers firm behaviors as the outcome of such an interaction* internal strength-based* competency-based* institution-based* resource-based
Which of the following is true of globalization according to the "Pendulum view" perspective?* globalization is being interrupted by artificial barriers to the flows of goods, services, capital, and knowledge* globalization is a wester ideology focused on exploiting and dominating the worlds through MNEs* globalization is not a one-directional phenomenon* globalization is a recent phenomenon of human trade
The institution-based view deals with the ___ is the SWOT analysis* internal weaknesses and opportunities* external opportunities and threats* external strengths and weaknesses* internal strengths and threats
The ___ view of global business focuses on external factors that affect a firm's performance.* resource-based* asset-based* capability-based* institution-based
Which of the following is true of individualists and collectivists?* individualists discriminate more harshly against out-group members* collectivists are more opportunistic when dealing with out-group members* individualists are more collaborative when dealing with in-group members* collectivists are opportunistic when dealing with in-group members
The most effective way to understand a foreign culture is* making friends with people who are members of the culture* respecting the culture * total immersion in the culture* studying the culture
The ___ of globalization suggests that globalization is neither recent nor one-directional.* new-force view* long-run historical view* pendulum view* colonial view
Intellectual property specifically refers to ___ property* tangible* intangible* real * moveable
Which of the following statements is true about low-context cultures?* communication relies a lot on the underlying unspoken context* communication depends equally between the unspoken and spoken contexts* communication primarily depends on body language* communication is usually taken at face value
Tyrone has described himself as an individualist. This means that he* is untrustworthy* can't work with other people* takes advantage of opportunities to advance his career* discriminates harshly against out-group members
___ refers to the quality of a society that perceives its own culture, ethics, and normas as natural, rational, and morally right* social mobility* anthropocentrism* ethnocentrism* polycentrism
Which of the following is an example of a firm's technological resources and capabilities?* managerial talents of employees* possession of patents, trademarks, copyrights, and trade secrets* location of plants, offices, and equipment* reputation of employees as socially responsible citizens
A(n) ___ is a set of guidelines for helping a firm make ethical decisions.* code of conduct* operating agreement* mission statement*certificate of incorporation
Which of the following is true of a command economy? * it strictly follows the doctrine of laissez faire* all factors of production are privately owned* the government only performs those functions that the private sector cannot perform* it does not allow private entrepreneurship
Members of a group or collective consider each other as * cross-cultural members* individualistic members* in-group members* out-group members
Which one of the following dimensions focused on how a society deals with the fact that people are unequal in physical and intellectual capabilities?* Uncertainty avoidance* collectivism* power distance * individualism
Including ___ into its organizational boundaries would convert an OEM into an ODM.* marketing* components* final assembly* research and development
Firms that design, manufacture, and market distinguished products are called ___* original design manufacturers* original equipment manufacturers* original bran manufacturers* business process outsourcing firms
In which of the following ways do formal institutions regulate trade?* by inducing unmodified ethical beliefs into society *by putting faith in individuals to expose perceived wrong doings* by allowing the cultural beliefs of a society to dictate them* by imposing laws that make certain trades unacceptable
Which of the following is true of the common law system?* it is the oldest legal system in the world* it has spread to all English-speaking countries and their (former) colonies* it bases its legal judgement primarily on the dominant religion of the country* it does not allow interpretations of the law by judges