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Managing in International Companies

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Why is the political environment an important aspect of the international manager's global mindset?

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1. Why must an international manager pay close attention to the legal environment of a foreign country?

2. Why must an international manager consider the sociocultural issues present in each foreign country?

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About This Quiz & Worksheet

There are many factors involved in managing an international organization and these assessments focus on testing topics like what the political environment consists of and what the legal environment involves.

Quiz & Worksheet Goals

Quiz yourself on the following topics:

  • Characteristics of the political environment
  • What the legal environment involves
  • The term sociocultural
  • How to best describe the economic environment
  • Technology present in the marketplace

Skills Practiced

  • Interpreting information - verify you can read information regarding what the legal environment involves and interpret it correctly
  • Knowledge application - use your knowledge to answer a question about the characteristics of the political environment
  • Defining key concepts - ensure that you can accurately define main phrases and terms, such as sociocultural and economic environment

Additional Learning

Review and expand your knowledge with the help of the lesson titled Managing in International Companies. Our lesson is specifically designed to help you with the following objectives:

  • Identify the main areas that must be managed in international organizations
  • Describe the characteristics of each of the areas
  • Explain the effects of an unstable political environment on a business
  • Know how the limitations of technology could affect a company
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