Question 1: Which of the following would not be considered a basic source of globalization?
a. Similar customer needs
b. Growth in trading blocks
c. Advances in communication technology
d. Differentiation among countries
Question 2: The sale of government owned business to private investors in known as
a. A tax sale
b. Bureaucratic divestiture
c. Privatization
d. Capitalization
Question 3: Which of the following statements about globalization is false?
a. Globalization is a simple evolutionary process
b. Not all economies of the world are benefiting equally from globalization
c. Terrorism, wars and SARS has limited and even reversed the effects of globalization
d. All of the above statements are false
Question 4: Some people believe that the norms, values, and beliefs of their own culture represent the only correct ways of dealing with the world. This is called
a. High power distance
b. Stereotyping
c. Androgyny
d. Ethnocentrism
Question 5: High power distance countries have norms, values, and beliefs such as
a. It is best to exercise power privately
b. Everyone has a place, some are high and some are low
c. A leader should develop his or her subordinates
d. Leaders are made and not born
Question 6: A culture which has dominant values of success, money, and material things is probably
a. Low on power distance
b. Low on individualism
c. High on masculinity
d. High on long term orientation
Question 7: Expressions of anger, laughter, gesturing, and emotional outbursts are considered acceptable in
a. Specific cultures
b. Diffuse cultures
c. Neutral cultures
d. Affective cultures
Question 8: Preference for involvement in multiple areas of life and levels of life simultaneously are more likely in
a. Specific cultures
b. Diffuse cultures
c. Neutral cultures
d. Affective cultures
Question 9: Which of the following statements is NOT TRUE regarding the experiences countries go through as they under market transitions from socialism to a more market based economy?
a. Drastic measures have to be taken to tunr around formerly inefficient companies
b. Managers' thinking have to be changed so that they can understand management functions
c. Financial systems have to be left unregulated to accurately reflect market prices
d. More workers have to be hired as companies find that they are understaffed
Question 10: Which of the following religion prohibits multinationals from paying or receiving interest on transactions?
a. Islam
b. Buddhism
c. Christianity
d. Hinduims
Question 11: Which of the following religion is based on the idea that craving and desires produce suffering but that it also possible to reach a stage where there is no longer any suffering?
a. Hinduism
b. Islam
c. Christianity
d. Buddhism
Question 12: Which of the following DOES NOT explain why globalization is pushing organizations to become more similar?
a. Global products and customers
b. Global competition and global trade
c. Growing levels of industrialization and economic development
d. Growing convergence in national cultures and social institutions
Question 13: Differentiation leads to higher profits by
a. Charging a higher price than competitors
b. Offering the customer better value
c. Communicating the better value to customers
d. All of the above
Question 14: Upstream activities in the value chain are concerned with
a. The primary activities
b. The support activities
c. Input logistics
d. After market service