International Business and Export Management MCQs

International Business and Export Management MCQs

Our team has conducted extensive research to compile a set of International Business and Export Management MCQs. We encourage you to test your International Business and Export Management knowledge by answering these 30 multiple-choice questions provided below.
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1: Creating shared value (csv) creates ________.

A.   Economic value by creating social value

B.   Social value by creating economic value

C.   None of these

2: Deciding the sequence of operations a company will use to create its product is called ________.

A.   Product planning

B.   Capacity planning

C.   Location economies

D.   Process planning

3: Global products are most commonly seen in industries where there is ________.

A.   Little convergence of buyer preference across national borders

B.   Low pressure to contain costs

C.   High demand for customized products

D.   Significant price competition

4: The value of a product relative to its weight and volume is called its ________.

A.   Real value

B.   Value investing

C.   Value density

D.   Face value

5: Two major public policy and ethics issues in marketing research are ________.

A.   Misuse of research findings and improper sampling procedures

B.   Intrusions on consumer privacy and the misuse of research findings

C.   Deceptive advertising and illegal pricing

D.   Paying research respondents and intrusions on consumer privacy

E.   Intrusions on consumer privacy and inaccurate data analysis

6: The first attempt at creating a collective security system was the __________.

A.   League of nations

B.   Precious metals

C.   Frontlines

D.   Labor and environmental groups

7: According to _____, some specific fraction of a good must be produced domestically.

A.   Import quotas

B.   Voluntary export restraints

C.   Local content requirements

D.   Antidumping duties

8: The process of forecasting both a company's human resource needs and its supply is called ________.

A.   Human resource planning

B.   Recruitment

C.   Human resource management

D.   Selection

9: A company subscribing to ethical relativism would implement the morality of the ________.

A.   Host country

B.   Shareholders

C.   Legal system

D.   Home country

10: A company that is selling unprofitable business units is most likely following a ________ strategy.

A.   Growth

B.   Retrenchment

C.   Stability

D.   Combined

11: A global staffing policy ________.

A.   Avoids recruiting third-country nationals

B.   Relies primarily on local managers to fill key managerial positions abroad

C.   Is overly in favor of filling key managerial positions with people from headquarters

D.   Provides a greater pool of qualified and willing applicants from which to choose

12: According to the international codes of conduct, mnes should ________.

A.   Human rights

B.   Economic and developmental policies, laws and regulations, and political involvement

C.   Technology transfer and environmental protection

D.   Conduct research and development activities in developing countries

13: An international manager can best develop an understanding of a particular culture by ________.

A.   Creating a cultural profile for that country or region in which the firm does business

B.   Assuming that his or her own cultural styles and practices can be successfully followed in the host country

C.   Using stereotypes to develop cross-cultural understanding in a business setting

D.   Hiring locals rather than expatriates for management positions in overseas subsidiaries

14: Nafta was signed by canada, the united states, and __________.

A.   Mexico

B.   Pakistan

C.   Spain

D.   Netherland

15: ________ have the same status as treaties, but do not require u.s. senate approval.

A.   International accords

B.   Multilateral initiatives

C.   Executive agreements

D.   Foreign policy positions

E.   Executive orders

16: A change capable organization ________.

A.   Links the present and the future

B.   Discourages diverse teams

C.   Discourages mavericks

D.   Follows its competitor's footsteps

17: _____ help establish the culture of an organization and set the example that others follow.

A.   Ethics officers

B.   Organizational culture

C.   Business ethics

D.   Leaders

18: ________ is the set of planned actions taken by managers to help a company meet its objectives.

A.   Mission statement

B.   Vision

C.   Strategy

D.   Core competency

19: A country with a high uncertainty avoidance ________.

A.   Is highly structured and depends on rules and social institutions to cope with uncertainty

B.   Is highly structured and does not depend on rules and social institutions to cope with uncertainty

C.   Has no rules

D.   Has no structure or social institutions

20: The term _____ refers to the values and norms that are shared among employees of an organization.

A.   Organizational culture

B.   Organizational specialists

C.   Line personnel

D.   Chain of command managers

21: Small companies selling traditional products benefit from ________.

A.   Technology that lowers the cost and difficulties of global communication

B.   Measure the market or site potential

C.   Identify the basic appeal of a market

D.   Assess the national business environment

22: __________ are responsible for directly achieving organizational goals.

A.   Organizational specialists

B.   Line personnel

C.   Chain of command managers

23: The international division of a domestic organization ________.

A.   Has its own marketing, finance, sales, and accounting departments.

B.   Technology that lowers the cost and difficulties of global communication

C.   Measure the market or site potential

D.   Identify the basic appeal of a market

24: For most people, the basic meaning of work is tied to ________.

A.   Self-actualization needs

B.   Subordinateship

C.   Group membership

D.   Economic necessity

25: The centralization of production facilities is a typical policy for companies that pursue ________.

A.   Horizontal integration

B.   Product differentiation

C.   A global strategy

D.   A multinational strategy

26: The first step in the screening process for potential markets and sites is to ________.

A.   Select a favorable market or site

B.   Measure the market or site potential

C.   Identify the basic appeal of a market

D.   Assess the national business environment

27: When a market is experiencing rapid growth, a company will ________.

A.   Emphasize on decruitment

B.   Divest its operations

C.   Reinvest in its operations

D.   Implement retrenchment strategies

28: The leadership process used by japanese managers places a strong emphasis on _____ goals.

A.   Distinct

B.   Indeterminate

C.   Ambiguous

D.   Specific

29: The worldwide product structure is usually considered best to implement a/an _____ strategy.

A.   Multidomestic or regional

B.   Transnational

C.   International

D.   Indirect exporting

30: ________ is increasing the pace of both cultural diffusion and cultural change.

A.   Collectivism

B.   Enculturation

C.   Fundamentalism

D.   Globalization.

31: ________ is the most common form of international business activity.

A.   Exporting

B.   Licensing

C.   Greenfield strategy

D.   Management contract

32: Arab negotiators will most likely make concessions because of their interest in ________.

A.   Saving valuable time

B.   Preventing embarrassment

C.   Forming long-term relationships

D.   Implementing spontaneous decisions

33: Countries with multiple language groups tend to be ________.

A.   Homogeneous.

B.   Heterogeneous.

C.   Large.

D.   Small

34: In the global movie industry, advertising must be ________.

A.   Adapted

B.   Consistent

C.   Standardized

D.   Authentic

E.   Unchanged.

35: A firm that needs greater flexibility should choose _____ for its decision-making.

A.   Vertical differentiation

B.   Centralization

C.   Horizontal differentiation

D.   Decentralization

36: A(n) ________ is a firm that acts as its client's export department.

A.   Greenfield organization

B.   Indirect exporting

C.   Direct exporting

D.   Intercorporate transfers

37: Samuel slater was a/an ______ who _______.

A.   Immigrant to the United Kingdom; stole intellectual property from the United States

B.   Immigrant to the United States; stole intellectual property from the United Kingdom

C.   U.S. politician; who advocated for strong IPR laws

D.   U.S. politician; who advocated against strong IPR laws

38: Short-sea shipping is widely accepted and practiced in ____.

A.   North America

B.   South America

C.   Europe

D.   Asia