1. Which governmental agencies are involved in the National Do-Not-Call Registry program? A. Federal Depository Insurance Corporation (FDIC) and Federal Communications Commission (FCC) B. Central Intelligence Agency (CIA) and Federal Bureau of Investigations (FBI) C. Federal Trade Commission (FTC) and Federal Communications Commission (FCC) D. Securities and Exchange Commission (SEC) and Department of Justice (DOJ)
2. A multinational company is based in Canada and does business in the United States, Mexico, and Japan. What is the company's home country? A. Japan B. United States C. Mexico D. Canada
3. In corporate bankruptcy, a company A. must repay its debts before it can continue operations. B. can continue operating while following a repayment plan. C. can renegotiate its stockholdings. D. must close its operations.
4. A contract says that $10,000, based on a genuine estimate, is to be paid to the injured party in case of breach. The $10,000 represents _______ damages. A. punitive B. compensatory C. consequential D. liquidating
5. Which of the following global organizational structures represents a hybrid, dual-reporting structure? A. Global matrix B. Product line C. International division D. Functional
6. Buying an insurance policy helps with risk A. mitigation. B. assessment. C. evaluation. D. monitoring.
7. Which of the following requires the most involvement and interactions between home country and host country? A. Exporting B. Foreign direct investment C. Licensing or franchising D. Importing
8. A company supports its local community through various community programs. From a corporate social responsibility perspective, this is an example of the company's _______ responsibilities. A. legal B. ethical C. philanthropic D. economic
9. Within a company, who is responsible for investigating ethical complaints? A. Chief Executive Officer B. Board of Directors C. Ethics Ombudsperson D. Head of the HR department
10. When a multinational corporation is organized by marketing or manufacturing, it is called a/an _______ organization. A. international division B. global matrix C. functional D. product line
11. A multinational corporation has four subsidiaries operating in four different countries. Corporate management at headquarters in the United States treats these four subsidiaries as same in terms of funding, support, and commitment. This represents _______ management. A. geocentric B. polycentric C. sociocentric D. ethnocentric
12. Abuse of a company's insider information for personal gain refers to which of the following? A. Conflict-of-interest B. Corporate opportunities C. Perks D. Corporate mergers
13. The Chief Executive Officer of a corporation should possess which of the following? A. Less soft skills and more hard changes B. More soft skills and less hard skills C. More soft ultimatums and less soft sell D. Less soft ultimatums and more hard controls
14. In which of the following cultures is self-interest ranked below duty and loyalty to friends, family, organization, and country? A. High-context B. Low-context C. Collectivist D. Individualistic
15. If a company doesn't comply with government regulations and is found guilty, it incurs the cost of A. hiring employees. B. hiring a legal expert. C. planning. D. training.
16. An online book retailer was accused of using its size to gain better pricing for books. This is in violation of the _______ Act. A. Robinson-Patman B. Celler Antimerger C. Sherman D. Clayton
17. In global business, strategy development is global while strategy _______ is local. A. execution B. evaluating C. organizing D. monitoring
18. When communicating, people in high-context cultures tend to emphasize A. the environment surrounding them. B. explicit codes. C. the written word. D. the spoken word.
19. Businesses use which of the following to influence government? End of exam A. Lobbyists B. Principals C. Agents D. Economists
20. A country imposed a/an ______ to limit the number of televisions it imports so that local manufacturers can produce more televisions, thereby increasing local employment. A. embargo B. product standard C. boycott D. quota