Question:

Which of the following industries is least likely to follow the conventional life-cycle model?

A.

Software development

B.

Coal mining

C.

Insurance broking

D.

Hairdressing

Answer» a. Software development

Question:

Something that you learn to do by practicing rather than from reading a manual is knownas:

A.

Explicit knowledge

B.

Codified knowledge

C.

Embodied knowledge

D.

Symbolic knowledge

Answer» c. Embodied knowledge

Question:

Specific cultural dimensions that does not have a significant impact on cross-national business interactions is

A.

Hofstede’s five cultural dimensions

B.

Monochromatic vs polychromatic tune

C.

Communication

D.

Geography

Answer» d. Geography

Question:

______ typically offer more flexibility in international markets.

A.

SMEs

B.

LSEs

C.

MNEs

D.

None of the above

Answer» d. None of the above

Question:

According to Porter, if an organization does not follow either a cost leadership strategy or a differentiation strategy they are:

A.

Hybrid

B.

Stuck in the middle

C.

Typical

D.

No frills

Answer» c. Typical

Question:

Which one is not an international organisation

A.

SAARC

B.

ASEM

C.

ASEAN

D.

CBDT

Answer» a. SAARC

Question:

What is the main reason why organizations enter alliances?

A.

To find out how the other organization works, and copy it

B.

To obtain synergies between other organizations’ resources and their own

C.

To increase their capacity to learn

D.

Because they have not enough cash to acquire the other organization

Answer» b. To obtain synergies between other organizations’ resources and their own

Question:

The shape or format of reporting and decision making relationships can be defined as theorganizational:

A.

Span of control

B.

Architecture

C.

Hierarchy

D.

Chain of command

Answer» c. Hierarchy

Question:

Laws relating to The Single Market Program allow EU-based companies to:

A.

Move goods and services from any member state to another.

B.

Transfer managers to any member state.

C.

Invest anywhere in the EU.

D.

All of the options given.

Answer» a. Move goods and services from any member state to another.

Question:

The process of glocalization is —

A.

emphasis on local culture

B.

the use of regional symbols

C.

an amalgamation of the global and the local

D.

emphasis on global culture

Answer» c. an amalgamation of the global and the local