International Management Culture Strategy and Behavior 10th Edition By Luthans-Test Bank

Test Bank For International Management Culture Strategy and Behavior 10th Edition By Luthans

ISBN-10. 1259705072. ISBN-13. 978-1259705076

Chapter 01 Globalization and International Linkages

1. Internationalization is the imaginative and prescient of making one world unit, a single market entity. Reply: False
Suggestions: Internationalization is the method of a enterprise crossing nationwide and cultural borders, whereas globalization is the imaginative and prescient of making one world unit, a single market entity. AACSB: Analytic

Bloom’s: Keep in mind
Studying Goal: 01-01 ASSESS the implications of globalization for international locations, industries, companies, and communities.
Stage of Problem: 1 Simple
Matter: Globalization and Internationalization

2. Within the context of the altering international demographics, aged populations spend cash on housing and different capitally financed purchases.
Reply: False
Suggestions: Whereas aged populations spend cash on well being care providers, youthful populations spend earnings on housing and different capitally financed purchases.

AACSB: Analytic
Bloom’s: Keep in mind
Studying Goal: 01-01 ASSESS the implications of globalization for international locations, industries, companies, and communities.
Stage of Problem: 1 Simple
Matter: Globalization and Internationalization

3. North American Free Commerce Settlement (NAFTA) members are higher built-in as a single market than the European Union (EU) or the allied Asian international locations.
Reply: False
Suggestions: Though long-standing cultural variations stay, and the European Union has just lately skilled some substantial challenges, the European Union is extra built-in as a single market than NAFTA, CAFTA, or the allied Asian international locations.

AACSB: Analytic
Bloom’s: Keep in mind
Studying Goal: 01-01 ASSESS the implications of globalization for international locations, industries, companies, and communities.
Stage of Problem: 1 Simple
Matter: Globalization and Internationalization

4. Common Electrical (GE) has strategically leveraged social media to enhance its long-term model picture.
Reply: True
Suggestions: Common Electrical (GE) has strategically leveraged social media to enhance its long- time period model picture. By interacting each day with clients throughout quite a lot of social networks, the

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Copyright © 2018 McGraw-Hill Schooling. All rights reserved. No copy or distribution with out the prior written consent of McGraw-Hill Schooling.

Chapter 01 – Globalization and International Linkages

100-year-old firm goals to remodel the best way that its model is perceived whereas concurrently constructing a brand new era of shoppers.
AACSB: Analytic
Bloom’s: Keep in mind

Studying Goal: 01-01 ASSESS the implications of globalization for international locations, industries, companies, and communities.
Stage of Problem: 1 Simple
Matter: An Interconnected World

5. A rise within the ease of journey between international locations is a crucial growth that has occurred due to the North American Free Commerce Settlement (NAFTA).
Reply: True
Suggestions: A rise within the ease of journey between international locations is a crucial growth that has occurred due to the North American Free Commerce Settlement (NAFTA). Different necessary developments embrace the elimination of tariffs in addition to import and export quotas, the opening of presidency procurement markets to firms in Canada and Mexico, a rise within the alternative to make investments in one another’s nation, and the removing of restrictions on agricultural merchandise, auto elements, and vitality items.

AACSB: Analytic
Bloom’s: Keep in mind
Studying Goal: 01-01 ASSESS the implications of globalization for international locations, industries, companies, and communities.
Stage of Problem: 1 Simple
Matter: Globalization and Internationalization

6. In response to a Goldman Sachs international economics group report, it’s estimated that the economies of Brazil, Russia, India, and China, which it collectively coined because the “BRIC” nations, will surpass the collective economies of the G7 nations by 2032.
Reply: True

Suggestions: In response to a Goldman Sachs international economics group report, it’s estimated that the economies of Brazil, Russia, India, and China, which it collectively coined because the “BRIC” nations, will surpass the collective economies of the G7 nations by 2032.
AACSB: Analytic

Bloom’s: Keep in mind
Studying Goal: 01-01 ASSESS the implications of globalization for international locations, industries, companies, and communities.
Stage of Problem: 1 Simple
Matter: Globalization and Internationalization

7. Overseas direct funding has been falling alarmingly for the reason that international recession of 2009 in most areas of the world.
Reply: False
Suggestions: Overseas direct funding (FDI)—the time period used to point the quantity invested in property, plant, and tools in a foreign country—has been rising at a sluggish however regular charge within the years for the reason that international recession of 2009.

AACSB: Analytic
Bloom’s: Keep in mind
Studying Goal: 01-01 ASSESS the implications of globalization for international locations, industries, companies, and communities.

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Copyright © 2018 McGraw-Hill Schooling. All rights reserved. No copy or distribution with out the prior written consent of McGraw-Hill Schooling.

Chapter 01 – Globalization and International Linkages

Stage of Problem: 1 Simple
Matter: Globalization and Internationalization

8. In a command financial system, a common steadiness between provide and demand sustains costs, whereas an imbalance creates a value fluctuation.
Reply: False
Suggestions: In a command financial system, the federal government has express management over the worth and provide of or service. The actual items and providers provided should not essentially in response to shoppers’ said wants however are decided by the theoretical development of society.

AACSB: Analytic
Bloom’s: Keep in mind
Studying Goal: 01-02 REVIEW the key developments in international and regional integration. Stage of Problem: 1 Simple
Matter: World Financial Methods

9. Monopolies are a hazard to the market financial system system as a result of they have an inclination to stifle financial development.
Reply: True
Suggestions: Monopolies are a hazard to the market financial system system as a result of they have an inclination to stifle financial development and shopper alternative with their energy to find out provide. Elements resembling effectivity of manufacturing and high quality and pricing of products could be chosen arbitrarily by monopolies, leaving shoppers with no alternative and on the mercy of huge companies. AACSB: Analytic

Bloom’s: Keep in mind
Studying Goal: 01-02 REVIEW the key developments in international and regional integration. Stage of Problem: 1 Simple
Matter: World Financial Methods

10. Within the context of the rising markets of Asia, India is engaging to multinationals, particularly U.S. and British companies.
Reply: True
Suggestions: India is engaging to multinationals, particularly U.S. and British companies. Many Indian individuals converse English, are very properly educated, and are identified for superior data know-how experience.

AACSB: Analytic
Bloom’s: Keep in mind
Studying Goal: 01-03 EXAMINE the altering steadiness of world financial energy and commerce and funding flows amongst international locations.
Stage of Problem: 1 Simple
Matter: Financial Efficiency and Problems with Main Areas

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