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QUESTION:
1
[QUESTION BANK ID:
164442]
TYPE:
MULTIPLE CHOICE
CORRECT
A liability of foreignness is
The inherent advantage that foreign firms experience in host countries
The inherent disadvantage that foreign firms experience in host countries
The inherent advantage that foreign firms experience in home countries
The inherent disadvantage that foreign firms experience in home countries
QUESTION:
2
[QUESTION BANK ID:
164603]
CORRECT
TYPE:
MULTIPLE CHOICE
According to Hofestede's dimensions of culture,is ranked highest in Masculinity.
USA
Japan
Greece
China
QUESTION:
3
[QUESTION BANK ID:
164633]
TYPE:
MULTIPLE CHOICE
CORRECT
The greatest weakness in the fight against eradicating corruption is:
There is too much corruption to ever win
Every country must institutionalize and enforce anti-corruption laws
The fact that the Foreign Corrupt Practices Act is no longer being followed
Overseas bribes are often tax deductible
QUESTION:
4
[QUESTION BANK ID:
164625]
TYPE:
MULTIPLE CHOICE
CORRECT
Which of the following is not one of the three middle-of-the-road guiding principles proposed by business ethicist Thomas Donaldson?
Firms should maintain and teach the ethical standards from their home country
All firms should show respect for human dignity and basic rights
Firms should gain careful understanding of local institutions if they wish to show respect for institutional context
Firms that show respect for local traditions suggests cultural sensitivity
BUS1801 - Global Business Perspectives
Term: Spring 1 2012 | Student Access: 1.9.2012 12:00 AM EST - 3.4.2012 11:59 PM EST | Section: 2
Test Review - CARYN RICHARDSON
Your test grade is 44 pts
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Students answers.
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Page 2
A
Characterized by the "invisible hand" of market forces
B
Defined by a government taking the commanding height in the economy
C
Characterized by a government that only performs functions the private sector cannot perform.
D
Characterized by innovation and entrepreneurial activities
QUESTION:
6
[QUESTION BANK ID:
164574]
TYPE:
MULTIPLE CHOICE
CORRECT
A pure command economy is
A
Do not have to face full consequences of their actions
B
Have to face full consequences of their actions
C
Are state owned
D
Are privately owned
QUESTION:
5
[QUESTION BANK ID:
164577]
TYPE:
MULTIPLE CHOICE
CORRECT
Moral hazard is recklessness when organizations
A
Institutions
B
Firms
C
Firm behaviors
D
All of these answers
QUESTION:
7
[QUESTION BANK ID:
164536]
TYPE:
MULTIPLE CHOICE
CORRECT
The institution-based view of global business focuses on the dynamic interaction among
A
The local
B
The analyst
C
The natural
D
The follower
QUESTION:
8
[QUESTION BANK ID:
164664]
TYPE:
MULTIPLE CHOICE
CORRECT
Cultural Intelligence includes the following profiles with the exception of
A
Divergence
B
Relative convergence
C
Limited divergence
D
Cross-vergence
QUESTION:
9
[QUESTION BANK ID:
164643]
TYPE:
MULTIPLE CHOICE
CORRECT
A term that seeks to find middle ground between cultural divergence and convergence is
QUESTION:
10
[QUESTION BANK ID:
164405]
TYPE:
MULTIPLE CHOICE
CORRECT
The vast majority of humanity who earna year comprise the base of the pyramid.
A
$2,000 to $20,000
B
Less than $2,000
C
More than $2,000
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