Qustions
1 Q The primary costs of FDI to host countries are:
Loss of sovereignty and patriotism
adverse effects on competition and exports
capital outflow
loss of sovereignty, adverse effects on competition, and capital outflow
2 Q ______ suggests that FDI , unrestricted by government intervention, will enable countries to tap into their absolute or comparative advantage by specializing in the production of certain goods or services
the radical view
the free market view
pragmatic nationalism
expropriation
3 Q What are the benefits of FDI to home countries?
rpatriated earnings from profits from FDI
increased exports of components and services to host countries
learning via FDI from operations abroad
all of these answers
4 Q when one firm enters a foreign country through FDI, its rivals are likely to follow by undertaking additional FDI in a host country to:
create knowledge spillover
discover a new market for its goods
overcome and combat market failure throught FDI
acquire location advantages or neutralize the first mover's location advantages
5 Q most countries practice:
pragmatic nationalism
free market based FDI
government embracing radical view
french patriotism
6Q FDI may be viewed as a reflection of firm motivation to extend firm-specific capabilities abroad and their response to overcome imperfections and failures
true
false
7Q most countries practice a totally"free market" view
true
false
8Q Outsourcing is the process of turning over an organizational activity to an outside supplier, located in a foreign country, which will perform it on behalf of the local firm
true
false
9Q financial, physical, and technological resources and capabilities are all tangible assets
true
false
10 Q a firm's resources and capabilities are tangile assests a firm use to choose and implement its strategies
true
false
11Q an example of low powe distance would be when subordinates address their bosses on a first-name basis
true
false
12 Q Benchmarking is an assessment as to whether a firm has resources and capabilities to perform a particular activity in a manner superior to competitors
true
false
13Q a country with low-masculinity has a more subtle differentiation between the gender roles
true
false
14Q setting up subsidiaries abroad so the work can be performed in-house but in the foreign location is also called captive sourcing
true
false
15Q managers in low uncertainty avoidance countries rely more on experience and training then managers in high uncertainty avoidance countries who rely more on rules
true
false
16Q informal institutions include laws, regulations, and rules
true
false
17 Q the united states is often classified as a collective society
true
false
18Q a pure market economy characterized by the "invisible hand" of market forces is noted by
John Stuart Mill
Adam Smith
Aristotle
Amatya Zen
19 Q Culture is defined in the text as:
the communication between members of similar location
the collective programming of the mins, which distinguisheds the members of one group or category of people from another
the main component of formal institutions
the attitudes and behaviors characteristic of a particular social group or organization
20Qwhen an expert employee returns to her or his current employer but the employer does not provide attractive opportunities, she/he often may be hired by a competitor firm Why?
comptetior firms are also interested in globalizing their busisness
former expats bring instant expertise and experience
competing firms will pay a higher premium for expertise
all of these answers
21Q the goverment taking a "hands-ogg approach" is known as
laissez faire
command economy
mixed economy
liberal approach
22 Q expatriate managers make ideal candidates for top management positions
true
false
23Q_____are defined as rights associated with the ownership of intellectual property
patents
copyrights
trademarks
intellectual property rights
24 Q in a collective society:
family units are highly valued
being an entrepreneur is a popular mindset
being different than your neighbor is important
outsiders are easily trusted
25 Q which of the following definitions best defines an expatriate manager?
a manager whoworks outside his or her native country
a manager of great experrtise
an ex-manager rehired for advisory purposes
none of these answers