Statements is true of north american free trade agreement

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1. Which of the following is one of the three necessary skills for managing a department or an organization?

a. Motivational skills b. Human skills c. Marketable skills d. Commercial skills

2. Rachel is the managing director of LivviPro Inc., a life insurance agency. She believes in using various disciplines such as sociology, psychology, anthropology, and economics to understand the employees in the organization. The agency uses employee profiles in its hiring process. This practice is most consistent with the _____.

a. behavioral sciences approach b. administrative principles approach c. conflict perspective d. quantitative perspective

3. Mike, a manager at a graphic design firm, forwards information to different members of the organization and keeps them updated using emails and reports. In the context of a manager's roles, Mike is most likely fulfilling the role of a _____.

a. figurehead b. negotiator c. disseminator d. monitor

4. Benjamin has accepted a management position overseas in Japan. He is excited about this opportunity and has been learning about Japanese culture and how his current environment will change. In the context of the dimensions of a global mind-set, Benjamin is most likely using the _____.

a. informational dimension b. psychological dimension c. social dimension d. cognitive dimension

5. Which of the following statements is true of the North American Free Trade Agreement (NAFTA)?

a. It intended to spur investment. b. It intended to reduce exports. c. It increased trade tariffs. d. It reduced income.

6. Brazil's economic growth slowed over the past few years, but it is still one of the fastest-growing emerging economies in the world.

a. True b. False

7. The people in the country Bleusville focus on the past and the present rather than on the future. In Bleusville, tradition and social obligation are considered important. This scenario best illustrates a(n) _____.

a. low-context culture b. short-term orientation c. individualistic culture d. long-term orientation

8. Julia, the manager of a software firm, considers multiple perspectives before making crucial decisions. She handles unforeseen difficulties tactfully and is not afraid of taking risks. In the context of the dimensions of a global mind-set, this scenario best illustrates the _____.

a. informational dimension b. social dimension c. cognitive dimension d. psychological dimension

9. Vladimir is a manager at Auttowort Inc., an automotive plant in the United States. Auttowort has started expanding to other countries and is now sourcing 25 percent of its parts at a discounted rate from an automotive supplier in Brazil. It has also outsourced some of its operations to India. This scenario most likely exemplifies:

a. competitive advantage. b. globalization. c. fiduciary responsibility. d. outplacement.

10. Delwazic Inc. is a multinational corporation (MNC) that does not favor any specific country. It operates globally and does not identify as a company of any particular nationality. In this scenario, Delwazic Inc. is most likely a(n) _____.

a. geocentric company b. ethnocentric company c. polycentric company d. regiocentric company

11. Which of the following statements is true of global leaders?

a. They avoid taking risks. b. They have extensive experience interacting with people different from themselves. c. They focus on speaking a single language fluently. d. They are characterized by a liking for uniform ways of thinking.

12. In the country Blestonia, people value relationships over business. They use communication as a means of building social relationships rather than to merely exchange information. Given this information, it can be concluded that Blestonia has a _____.

a. masculine culture b. low-context culture c. high-context culture d. feminine culture

13. A manager with a global mind-set:

a. sees everything from one's own cultural perspective. b. is characterized by a liking for uniform ways of thinking. c. can perceive and respond to many different perspectives at the same time. d. avoids taking risks.

14. Brenda believes that her country lacks adequate public facilities. She sets up a program to establish facilities such as highways and clean public restrooms in different parts of the country. In this scenario, Brenda is most likely contributing to improving the country's _____.

a. power position b. infrastructure c. working capital d. ergonomics

15. Ropalique is a popular clothing brand in the country Wesabania. The company wants to expand its market and decides to establish itself in the country Tristonville. To accomplish this, Ropalique collaborates with a local clothing brand called Vestinx in Tristonville and provides resources and trademark rights to Vestinx. This enables Vestinx to produce and market Ropalique's products. In the context of strategies for entering the international arena, Ropalique is most likely using _____.

a. global outsourcing b. exporting c. licensing d. direct investing

Reference no: EM132219335

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