多元文化试题

Chapter 01Globalization and International LinkagesTrue / False Questions1. Despite claims by Facebook, social media has not significantly connected people across the globe.True False2. The process of applying management concepts and techniques in a multinational environment and adapting management practices to different economic, political, and cultural environments is called international management.True False3. Multinational corporations can be defined as firms having operations in more than one country, international sales, and a nationality mix of nationalities among managers and owners.True False4. Internationalization is the vision of creating one world unit, a single market entity.True False5. Nongovernmental organizations believe that everyone benefits from globalization, as evidenced in lower prices, greater availability of goods, better jobs and access to technology.True False6. Procter & Gamble (P&G) has strategically leveraged social media to improve its long-term brand image.True False7. Marketers must be responsive to social networks.True False8. NAFTA is a free trade agreement among the United States, Canada, and Mexico that has in essence removed all barriers to trade and investment among the three nations.True False9. NAFTA is better integrated as a single market than the EU or the allied Asian countries.True False10. The countries of the Association of Southeast Asian nations are challenging Chinas position as destinations for low-cost production and export.True False11. Foreign direct investment fell dramatically over the last decade in most regions of the world.True False12. United States multinationals have more foreign direct investment in Germany than any other country.True False13. In recent years, Canadian firms have begun investing heavily in the United States.True False14. Mexico believes that the United States is its most important market and that little effort should go into expanding trade with Europe and Asia at least for now.15. One of the ways that Russia is attempting to get its economy going is by removing many administered prices and subsidies and letting free market forces take over.True False16. The ultimate objective of the EU is to eliminate all trade barriers among member countries.True False17. Like most South American economies, Brazils economy is faced with grave economic problems. Its GDP through 2011 continued to fall, and inflation and unemployment increased.True False18. The report of the Goldman Sachs global economics team estimated that the economies of the four BRIC nations will surpass the collective economies of the G7 nations by 2032.True False19. As a result of some continuing problems, the international business climate in Poland has not done well.True False20. Emerging markets are developing economies that exhibit sustained economic reform and growth.True FalseMultiple Choice Questions21. Which form of social media is not known for significantly changing how consumers search for products and services?A. LinkdinB. EpicuriousC. FacebookD. Twitter22. Which of the following statements about social media is untrue?A. Social networks have rapidly diffused from the United States and Europe to every region of the world.B. Social media networks have accelerated technological integration among the nations of the world.C. Social media such as Facebook are powerful, but they cannot leverage networks to achieve greater success.D. Social networks serve as inexpensive, effective means of marketing directly to businesses target audiences.23. The process of applying management concepts and techniques in a multinational environment and adapting management practices to different economic, political, and cultural environments is:A. Strategic managementB. InternationalizationD. International management24. To qualify as a multinational corporation, a firm must meet all of the following criteria exceptA. Operations in more than one countryB. International salesC. A nationality mix of managers and ownersD. Sales of at least one million dollars per year25. Globalization:A. Is the growth of interstate trade, spurred on by the progress toward free-market policiesB. Is the subcontracting of activities to endogenous organizations that had previously been performed within the firmC. Is the process of social, political, economic, cultural, and technological integration among countries around the worldD. Is the process of a business crossing national and cultural borders26. Identify the statement that is false of globalization.A. It can be defined as the process of social, political, economic, cultural, and technological integration among countries around the worldB. It is the process of a business crossing national and cultural bordersC. Evidence of globalization can be seen in increased levels of trade, capital flows, and migrationD. It has been facilitated by technological advances in transnational communications, transport, and travel27. The subcontracting or contracting out of activities to external organizations that had previously been performed by the firm is called:A. HomesourcingB. InsourcingC. OffshoringD. Outsourcing28. The process by which companies undertake some activities at offshore locations instead of in their countries of origin is:A. HomesourcingB. InsourcingC. OffshoringD. Globalization29. Antiglobalization activists:A. Contend that even within the developing world, it is protectionist policies, not trade and investment liberalization, that result in environmental and social damageB. Believe globalization will force higher-polluting countries such as China and Russia into an integrated global community that takes responsible measures to protect the environmentC. Assert that if corporations are free to locate anywhere in the world, the worlds poorest countries will relax or eliminate environmental standards and social services in order to attract first-world investment and the jobs and wealth that come with itD. Believe that industrialization will create wealth that will enable new industries to employ more modern, environmentally friendly technology30. The global organization of countries that oversees rules and regulations for international trade and investment, including agriculture, intellectual property, services, competition and subsidies is the:A. WTOB. NAFTAC. WIPOD. ITO31. A free-trade agreement among the United States, Canada, and Mexico that has removed most barriers to trade and investment is:A. AFTAB. CEFTAC. CAFTAD. NAFTA32. The World Trade Organization (WTO) meeting in Cancun in September of 2003 was led by:A. India and BrazilB. The U.S. and JapanC. The U.K. and FranceD. EU members33. The World Trade Organization (WTO) meeting in Doha in November of 2001 was referred to as:A. TheAnnecy RoundB. The Development RoundC. The Tokyo RoundD. The Torquay Round34. The United States, Canada and Mexico make up the, which in essence has removed all barriers to trade between these countries and created a huge North American market.A. General Agreement on Tariffs and TradeB. North American Common MarketC. North American Free Trade AgreementD. North American Trade Union35. Agreements like NAFTA and CAFTA:A. Not only reduce barriers to trade but also require additional domestic legal and business reforms in developing nations to protect property rightsB. Do not include supplemental commitments on labor and the environment to encourage countries to upgrade their working conditions and environmental protections like the FTAAC. Rely exclusively on MNCs exporting or setting up operations locally rather than buying out a domestic firmD. Provide firms with enough security so they cannot go out of business, which simply encourages a lack of efficiency or incentive to monitor costs36. The NAFTA agreement and the CAFTA-DR agreement are examples of:A. Defunct bilateral agreementsB. Regional trade agreementsC. Plurilateral agreementsD. Proposed bilateral agreements37. Due to the stalled progress with the WTO and FTAA, the United States has pursued with arange of countries, including, Australia, Bahrain, Chile, Colombia, Israel, Jordan, Malaysia, Morocco, Oman, Panama, Peru, and Singapore.A. Plurilateral trade agreementsB. Multilateral trade agreementsC. Bilateral trade agreementsD. Regional trade agreements38. The Asian economic block, made up of Indonesia, Malaysia, the Philippines, Singapore, Brunei, Thailand, Cambodia, Myanmar, and Vietnam is referred to as:A. Association of Southeast Asian Nations (ASEAN)B. Southeast Asia Free Trade Agreement (SWAFTA)C. Southeast Asia Common MarketD. Asian Economic Union39. A method which adjusts GDP to account for different prices in countries is called:A. Cumulative distribution functionB. Nominal GDPC. Current currency exchange rateD. Purchasing power parity40. The following are characteristics of the BRIC economies except:A. Demand for higher priced goods is expected to continue to be low in the futureB. The BRIC economies share of world growth is expected to rise to about 40 percent by 2025C. Per capita income in the BRIC countries is risingD. Demand for basic goods will be strong41. The Goldman Sachs global economics team:A. Estimates that Chile will occupy a dominant role in the global economic system and will surpass the United States in output by 2035B. Reports that the economic potential of Brazil, Russia, India, and China is such that they may constitute four of the top five most dominant economies by the year 2050C. Estimates that the BRIC economies share of world growth could rise from 40 percent in 2000 to more than 70 percent in 2025D. Reports that Germany, followed by India a decade later, will overtake the United States as the worlds largest car market42. The term used to indicate the amount invested in property, plant, and equipment in another country is:A. ExportingB. Foreign direct investmentC. ImportingD. Trade imperfection43. In 2011, global merchandise exports and global commercial services exports:A. Reached a record highB. Declined for the first time since 1983C. Remained fairly consistentD. Decreased by almost 50 percent44. In 2009, FDI inflows and outflows:A. Nearly doubledB. Nearly tripledC. Fell substantiallyD. Remained fairly constant45. The FDI is estimated to reach in 2014.A. An amount greater than that reached in 2007, which was an all-time highB. A new low due to political instability and uncertain marketsC. The same level as it did in 2011D. A small decrease because of the greater transportation costs due to oil prices46. The emerging global community is becoming increasingly:A. Socially isolatedB. Economically interdependentC. Culturally interdependentD. Financially independent47. A is comparable to a monopoly in the sense that the organization, in this case thegovernment, has explicit control over the price and supply of a good or service.A. Command economyB. Market economyC. Mixed economyD. Socialist economy48. A exists when private enterprise reserves the right to own property and monitor theproduction and distribution of goods and services while the state simply supports competition and efficient practices.A. Command economyB. Market economyC. Mixed economyD. Socialist economy49. is the United States largest trading partner, a position it has held for many years.A. EnglandB. CanadaC. JapanD. Mexico50. Which country receives the most foreign direct investment (FDI) by U.S. companies?A. NetherlandsB. MexicoC. The United KingdomD. Canada51. Which of the following statements is false with regard to a mixed economy?A. Regulations concerning minimum wage standards, social security, environmental protection and the advancement of civil rights may raise the standard of livingB. Ownership of organizations seen as imperative to the nation may be transferred to the state to subsidize costs and allow the firm to flourishC. Regulations concerning minimum wage standards, social security, environmental protection and the advancement of civil rights ensure that those who are elderly, sick or have limited skills are taken care ofD. Businesses in this model are owned by the state to ensure that investments and practices are done in the best interest of the nation despite the often opposing outcomes52. The Trans-Pacific Partnership (TPP) currently includes:A. Peru, the United States, and VietnamB. Great Britain, New Zealand, and ChinaC. India, Canada, and AustraliaD. Singapore, Russia, and Chile53. Which of the following statements is true of the economic system of North America?A. The free-market-based economy of this region allows for more freedom in decision-making processes of private firmsB. The command economy of this region allows for greater flexibility with decisions and low barriers for other countries to establish businessC. The free-market-based economy of this region results in lowering barriers when attempting to move into other countriesD. The command economy of this region allows competition to strive while the government can extend assistance to individuals or companies54. In the early 1990s,had recovered from its economic problems of the previous decade and become the strongest economy in Latin America.A. BrazilB. ArgentinaC. MexicoD. Chile55. The United States holds a dominant position in all of the following industries except:A. telecommunicationsB. biotechnologyC. mediaD. textiles56. A factory located in a Mexican border town that imports materials and equipment on a duty and tariff-free basis for assembly or manufacturing and re-exports is called a:A. Vertically integrated corporationB. KeiretsusC. MaquiladoraD. Chaebols57. Identify the statement which is not true of Mexico.A. When it joined NAFTA, Mexico was on the verge of becoming the major economic power in Latin AmericaB. Mexico has free-trade agreements with more than 50 countriesC. Mexicos trade with Asia is decliningD. Mexicos government is pro-business58. Which of the following observations about NAFTA is incorrect?A. Mexican businesses are finding themselves able to take advantage of the U.S. market by producing goods that were previously purchased from AsiaB. Mexican firms are now able to produce products at highly competitive prices thanks to lower-cost labor and proximity to the American marketC. Mexican firms can now export goods into the European community only by paying a heavy tariffD. Mexicos trade with Asia is on the rise, which is important to the country as it wants to reduce its overreliance on the U.S. market59. A major development in South America is:A. The implementation of the single currency and the regional central bankB. The growth of inter-country trade, spurred on by the progress toward free-market policiesC. The privatization of traditionally nationalized industriesD. The elimination of all trade barriers among member countries60. A survey (reported in our textbook) of businesspeople from Argentina, Brazil, Chile, Columbia, and Venezuela found that the market, on average, was more important to their economic wellbeing than any other.A. MexicanB. JapaneseC. U.S.D. European Union61. The ultimate objective of the EU is to:A. Develop separate custom duties for member countriesB. Eliminate all trade barriers among member countriesC. Have a single government that represents all EU countriesD. Increase imports into EU countries62. The European Union:A. Has achieved the reality of a single currency and a regional central bankB. Has eliminated all trade barriers among member countriesC. Subjects member nations to quotas on the manufacture and shipment of high-quality, low-cost goodsD. Imposes duties on member nations for the manufacture and shipment of high-quality, low-cost goods63. The Central and Eastern European republics:A. Have attempted to grow in terms of intercountry trade, but this has interfered with peacemaking progressB. Have attempted to decrease inflation by lowering the GDPC. Are attempting to make a shift from centrally planned economies to market-based economiesD. Are attempting to make a shift from a centrally planned economy to a mixed economy64. The former communist countries that have become most visible in the international arena include:A. Romania, Poland and BulgariaB. Czech Republic, Bulgaria and PolandC. Hungary, Romania and AlbaniaD. Poland, Hungary and the Czech Republic65. Which of the following statements is true with regard to the economy of Poland?A. The consensus decision making system of Poland turns out to be too time-consuming in the new speed-based economyB. During the 1970s and 1980s, Polands economic success had been without precedentC. Poland is among the largest of the former communist countries which receives the least media coverageD. Polands economy was the only economy in the EU to grow during the global recession of 2008200966. Which of the following statements is not true of Japan?A. During the 1970s and 1980s, Japans economic success had been without precedentB. During the 1970s and 1980s, the country had a huge positive trade balance, the yen was strong, and the country was recognized as the world leaders in manufacturing and consumer goodsC. Assumptions about the Japanese workforce have turned out to be more myth than reality, and some of the former strengths have become weaknesses in the new economyD. Japans consensus decision-making system turns out to be very efficient and effective in the new speed-based economy67. An organizational arrangement in Japan in which a large group of vertically integrated companies bound together by cross-ownership, interlocking directorates and social ties provide goods and services to end users is:A. Vertically integrated corporationB. KeiretsusC. MaquiladoraD. Chaebols68. MITI is a government agency that identifies and ranks national commercial pursuits andguides the distribution of national resources to meet these goals.A. ChineseB. JapaneseC. South KoreanD. Philippine69. Despite setbacks,remains a formidable international competitor and is well poised in all three major economic regions: the Pacific Rim, North America and Europe.A. JapanB. ChileC. ChinaD. Argentina70. The four other widely recognized powerhouses in Asia, in addition to Japan and China are:A. South Korea, Hong Kong, Singapore and TaiwanB. Indonesia, South Korea, Japan and TaiwanC. Thailand, South Korea, Indonesia and Hong KongD. Singapore, South Korea, Indonesia and Thailand71. Identify the statement false of Chinas economic condition.A. Chinas GDP has remained strong, growing at 9.1 percent in 2009B. In 2012, Chinas GDP was 8 percent, despite the global economic crisisC. Trade relations between China and developed countries and regions, such as the United States and the EU, are laxD. Many believe that the value of the Chinese currency is kept artificially low, giving China an unfair advantage in selling exports72. Chaebols are large, family-held conglomerates in:A. ThailandB. JapanC. South KoreaD. China73. Which of the following is true of India today?A. It has a relatively small middle classB. Education levels tend to be lowC. It is attractive to MNCsD. There is a distinct lack of government funds for economic development74. Which of the following countries was not among the worlds 10 most competitive nations in 2013?A. United StatesB. SingaporeC. United KingdomD. Norway75. Identify the country that is projected to contrib