Reference no: EM132286948
1. Under the tort of wrongful discharge discussed in Milton, a case may only be filed if:
An employee does not comply with a lawful company policy
An employee tried to do the right thing
An employee was fired after filing a work-related claim for worker’s compensation
An employee expressed vocally that they did not agree with a company policy
2. The belief that people may only be used if there is associated mutual benefit best reflects:
Deontology
Free Market Ethics
Virtue Ethics
Ethics of Care
3. All of the following will compel companies to be locally responsive in their targeted national markets, EXCEPT which one?
A monitor and respond to global competitors
B leverage natural endowments
C accommodate differences in distribution channels
D adjust operations for cultural differences
E comply with host government requirements and regulations
4. Firms that provide specialized services, such as management, technical knowledge, engineering, information technology, education, and so on, our large part of the international business domain. Their strategic circumstances are a bit different than a traditional manufacturing operation or classic service enterprise. Rather, these providers of specialized services often rely see contractual relationships and negotiated arrangements with local partners as the basis of international strategy.
Derrido is an American firm that has produced several successful animated TV series in the United States. It is considering contracting with one or more international companies as a way to market its products overseas.
Derrido's marketing director thinks that the company should craft a contractual agreement as an initial entry strategy, because the company might want to choose a more advanced entry strategy later. Which of the following, if true, would strengthen this position?
A Contractual agreements allow a company to provide for open, flexible terms of operation.
B Contractual agreements should be entered into only if the foreign partner is extremely reliable.
C Contractual agreements require approval by legal specialists from all countries involved.
D Foreign partners usually want to enter into contractual agreements with American companies for a long-term period.
E A contractual agreement should spell out as many expectations of the foreign partner as possible.
5. Gizmo Sprockets is a successful U.S. distributor of home appliance parts. Having been in business for more than ten years, it has contracts with thousands of retailers and repair shops throughout the country. The CEO wants Gizmo to go international, opening some locations in large economies such as Brazil and India.
He thinks that since the principles of how people do business in a free market are essentially the same anywhere, the expansion of Gizmo’s business into other countries should be fairly straightforward. In other words, because the company has been successful in the United States, it will also be successful in international markets using precisely the same techniques.
Which of the following, if true, would most seriously weaken the CEO’s argument for brand extension?
A Exporting goods from a foreign country will incur significant costs.
B Most of the appliance parts Gizmo sells in the United States will also readily sell in foreign markets.
C International business ventures carry inherent risks that are not present in domestic business.
D Appliance parts will be a growing market in developing countries as more and more people can afford appliances.
E Many poor countries still have mostly agriculturally based economies.
6. Operating internationally, calls for configuring and coordinating operations in ways that reconcile the competing demands of global integration and local responsiveness. For which of the following industries would one likely find a stronger imperative for adaptation than standardization.
A healthcare
B telecommunications
C bulk chemicals
D consumer electronics
E semiconductors