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MGMT 2nd Canadian Edition – Test Bank

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  • ISBN-10 ‏ : ‎ 0176662243
  • ISBN-13 ‏ : ‎ 978-0176662240

Original price was: $65.00.Current price is: $28.00.

SKU:tb1002359

MGMT 2nd Canadian Edition – Test Bank

Chapter 8—Global Management

MULTIPLE CHOICE

1. Canadians are able to purchase teas from Asia, furniture from Mexico, and receive help from a customer service agent in the Philippines. Canadian companies can export their Canadian-made products for people all over the world to enjoy. What is all of this activity an example of?
a. global business
b. foreign direct investment
c. multinational corporations
d. trade agreements

ANS: A
Definition of global business—the buying a selling of goods and services by people from different countries.

PTS: 1 REF: p. 121 OBJ: 1 BLM: Higher Order

2. In which method does a company build a new business or buy an existing business in a foreign country?
a. strategic alliance
b. foreign direct investment
c. global new venture
d. joint venture

ANS: B PTS: 1 REF: p. 121 OBJ: 1
BLM: Remember

3. Which of the following countries has the largest foreign direct investment in Canada?
a. China
b. Scotland
c. Mexico
d. United Kingdom

ANS: D PTS: 1 REF: p. 121 OBJ: 1
BLM: Remember

4. Nestlé is a company based in Switzerland with manufacturing plants in Colombia, Australia, Canada, Egypt, Kenya, and more than 90 other nations. What type of company is Nestlé an example of?
a. multidomestic global company
b. multinational corporation
c. ethnocentric organization
d. acculturated corporation

ANS: B
A multinational corporation is defined as a corporation that owns businesses in two or more countries.

PTS: 1 REF: p. 121 OBJ: 1 BLM: Higher Order

5. As Malta got ready for its admittance into the European Union (EU), the EU removed all taxes on the importation of goods manufactured in Malta. What, in other words, did the EU abolish for Malta-manufactured merchandise?
a. import quotas
b. customs classifications
c. import standards
d. tariffs

ANS: D
Tariffs are defined as a direct tax on imported goods.

PTS: 1 REF: p. 122 OBJ: 1 BLM: Higher Order

6. Several Arab countries boycott Coca-Cola products because the soft-drink company maintains product distributors in Israel. What is this boycott an example of?
a. a trade roadblock
b. nationalism
c. nationalization
d. a trade barrier

ANS: D
Trade barriers are defined as government-imposed regulations that increase the cost and restrict the number of imported goods.

PTS: 1 REF: p. 122 OBJ: 1 BLM: Higher Order

7. What are the two general kinds of trade barriers?
a. government import standards and industry import standards
b. qualitative and quantitative barriers
c. voluntary and involuntary barriers
d. tariff barriers and nontariff barriers

ANS: D PTS: 1 REF: p. 122 OBJ: 1
BLM: Remember

 

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