Reference no: EM132286073
1. In this case the managers may believe that mentoring or coaching would be more useful than the e-learning training program because
A. mentoring or coaching is customized to each individual and the specific challenges he or she faces.
B. they just don't like the idea of e-learning.
C. a mentor could deal with difficult employees for the manager.
D. None of the above.
2. Jacob decided to expand his operations in the emerging market economies. However, due to discreet reports of possible rise in inflation in those countries, Jacob was hesitant. Which of the following would tell Jacob for signs of accelerated inflation in the emerging market economies?
A. balance of payment statistics
B. generally accepted accounting principles
C. international labor organization
D. international licensing agreement
E. fixed exchange rate system
3. Moratvia is a fictional Eastern European country in economic transition. Its leaders are trying to decide what would be the best economic policy suitable for its people and resources.
Some parties in Moratvia want to see the country pursue a mixed economy, wherein some private enterprise exists alongside government planning and subsidies.
Which of the following, if true, would strengthen the case for a mixed economy for Moratvia?
A Moratvians highly prize individualism as a cultural value.
B Moratvians place a high value on a social safety net.
C Moratvia has several busy ports along its coastline.
D Moratvia has little access to natural resources.
E Moratvia has a healthy tourist industry.
4. Which one of the following is not a way to lower input costs?
A. Buying in large volume (greater supplier power)
B. Working cooperatively with suppliers
C. Building a new business model
D. To source inputs from the lowest cost locations
5. KinderKunst, GmbH, a toy manufacturer in Germany, exports toys all over the world. Like other European toy makers, such as Lego, Brio, and PlayMobil, it has a long legacy of innovative product design, outstanding quality standards, and premium price policy.
KinderKunst has developed a new toy—a pen that helps children learn to write by having popular characters’ voices encourage them to form letters, then words, and then sentences. KinderKunst has, to date, signed international licensing contracts with media companies in several countries to use the likeness and voice of locally popular cartoon characters in their products. In exchange, the local media company receives a small percentage of the profits from the sales of the pen in its home market.
Which of the following describes a reason why KinderKunst might prefer to license characters rather than create new characters for the pens?
A KinderKunst wants to keep all of the profits from its new line of pens.
B The licensed characters are already proven to be popular with kids.
C KinderKunst is a small company with a reputation for excellence.
D KinderKunst has a large and successful division of creative artists.
E KinderKunst likes to affiliate with environmentally friendly companies.