BUSAD 141 - Introduction to Management » Spring 2020 » Chapter 4 Quiz

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Question #1
Maquiladoras are foreign-owned manufacturing plants allowed to operate in Mexico with special privileges in return for employing Mexican citizens.
A.   FALSE
B.   TRUE
Question #2
_______ is the trend of the world economy toward becoming a more interdependent system.
A.   Polycentricity
B.   Geocentricity
C.   Globalization
D.   Expropriation
Question #3
Quilt and Dye Fabrics buys products for its customers from over 30 countries. Quilt and Dye Fabrics is an example of a company that
A.   barters.
B.   offshores.
C.   outsources.
D.   imports.
Question #4
The American research committee that promoted one world government and one world economy was known as the GLOBE project.
A.   TRUE
B.   FALSE
Question #5
Jameson’s Furniture in Tennessee produces high-quality furniture and ships its products to customers in over 40 countries. Jameson’s Furniture is ______ its products.
A.   countermarketing
B.   bartering
C.   dumping
D.   exporting
Question #6
Managers who believe that their native country, culture, language, and behavior are superior to all others are ____ managers.
A.   maquiladoras
B.   polycentric
C.   ethnocentric
D.   diverse
Question #7
The shared set of beliefs, values, knowledge, and patterns of behavior common to its people is a nation’s
A.   synergy.
B.   alliances.
C.   ethical set.
D.   culture.
Question #8
Mark, a retired doctor, is interested in starting an international nonprofit organization that will include doctors and other medical professionals who travel to low-income areas in the United States and internationally to assist with medical needs and open hospitals. Mark’s organization is an example of a multinational organization.
A.   FALSE
B.   TRUE
Question #9
The United States has prohibited the import of products from Iran due to the political situation in that nation. This complete ban is an example of a(n)
A.   embargo.
B.   protective accord.
C.   sanction.
D.   tariff.
Question #10
During the annual planning meeting, Anastasia, president of a Fortune 500 company, discussed with the upper management the strategic goal of expanding company operations across the globe. This long-term vision by Anastasia is an example of e-commerce.
A.   TRUE
B.   FALSE

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