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Features of a Global Business Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. For a U.S. based car manufacturer, a change in U.S. fuel efficiency regulations will affect which one of its markets?

Question 2 2. What part of culture relates to how influence is distributed and the view that it is done unequally?

Question 3 3. Why would it be difficult for a United States business to transport its culture to a foreign market?

Question 4 4. Why does leadership strategy change with the larger labor pool brought about by globalization?

Question 5 5. How does organizational structure impact the functioning of the company?

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Question 6 6. Which of the following is a key feature of a wholly owned subsidiary?

Question 7 7. When the government of Great Britain announces new employment regulations, which environment is affected for a company based in the U.S.?

Question 8 8. Which of these would qualify as a factor of a U.S. company's domestic environment?

Question 9 9. When Great Britain voted to leave the common market of European countries, which environment was affected for a company based in the U.S.?

Question 10 10. How can a joint venture be profitable to both parties involved?

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Question 11 11. Coke and Pepsi have decided to work together in order to produce an entirely new drink which they think will completely take over most of the international market. They have agreed that Coke will be responsible for the R&D, while Pepsi will be in charge of production facilities. Why is this an example of a strategic alliance rather than a joint venture?

Question 12 12. Which of these would be a response to the international environment for a global fast food chain?

Question 13 13. Why does globalization impact MOST businesses today?

Question 14 14. Twain Electronics designs a unique product that nobody else on the market has. Which of the following would be an example of licensing in this case?

Question 15 15. Most companies plan a _____ to go to market with their products.

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Question 16 16. Which of the following is TRUE with regard to Hofstede's research?

Question 17 17. Which of the following is FALSE regarding national culture?

Question 18 18.

The most basic form of international business involves:

A. Importing products from another country.

B. Exporting products to another country.

C. Licensing your product to a manufacturer in another country.

D. Buying a license to make a foreign company's product.

E. Importing services from another country.

F. Exporting services to another country.

Question 19 19. A culture's preference to work in a team would be part of which cultural aspect?

Question 20 20. If an organization does not develop its own organizational structure, it might _____.

Features of a Global Business Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

Understanding the Effects of Globalization in Business  /  Business Courses
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