QUESTION 2

1. _________________is the tendency of a multinational to construct its strategic plan with a global view of operations.

   		Geocentric
   		Regio-centric
   		polycentric

1 points

QUESTION 3

1. "Enforcing ethical behavior, once it crosses national boundaries, becomes extremely difficult"

   True

   False

1 points

QUESTION 4

1. International trade and domestic trade differ because of:

   		Different government policies
   		Immobility of factors
   		Trade restrictions
   		All of the above

1 points

QUESTION 5

1. Shell globally promotes the norms and culture that is practiced in its parent country. Shell is following ________ orientation.

   		ethnocentric
   		geocentric
   		polycentric
   		crosscultural

1 points

QUESTION 6

1. "Any country that enjoys a high standard of living as measured by economic, social, and technological criteria is a less developed nation."

   True

   False

1 points

QUESTION 7

1. "Rajid, one of the Indian employees, asks Hank if the weekend training session could be rescheduled because it is a Hindu festival day. What will be the most likely outcome if Hank agrees to Rajid s request? "

   		Rajid will ask for more changes in the schedule because Hank is so agreeable.
   		Hank will develop a relationship of trust and understanding with the Indian employees.
   		Hank s decision will create divisiveness between the American and Indian employees.
   		Rajid will replace Hank as manager after six months when Hank returns to the United States.

1 points

QUESTION 8

1. Setting the price just to cover the variable cost but not it's fixed cost

   		Flexible pricing
   		cost plus pricing
   		incremental pricing
   		rigid pricing

1 points

QUESTION 9

1. The process of going through internationalization through slow and steady approach is known as _______.

   		stage model
   		stage modelling
   		passive exports
   		decremental internationalization

1 points

QUESTION 10

1. Which of the following theories suggests that firms seek to penetrate new markets over time?

   		Imperfect Market Theory
   		Product cycle theory
   		Theory of Comparative Advantage
   		None of the above