3. Over the years many countries in South Americawereexperiencing: (Points : 4)
economic prosperity.
utter economic collapse.
difficult economic problems.
economic stability.
4. The process of applying management concepts and techniques in amultinational environment and adapting management practices todifferent economic, political and cultural environments iscalled_______________. (Points : 4)
Globaliztion
Entrepreneurship
MNC
International management
5. The most obvious dimension of the technological environmentfacing international managers today is: (Points : 4)
telecommunications.
transportation.
agricultural mechanization.
improved service technologies.
6. The statute that makes it illegal to influence foreign officialsthrough personal payment of political contributions is referred toas the: (Points : 4)
Fairness in International Affairs Act.
Foreign Corrupt Practices Act.
Global Ethics Act.
Fair Treatment of Foreign Citizens Act.
7. Development that meets humanity’s needs without harming futuregenerations is called (Points : 4)
corporate social responsibility (CSR)
sustainability
social obligations
ethical endeavors
8. The __________ makes it illegal to influence foreign officialsthrough personal payments or political contributions. (Points :4)
Foreign Corrupt Practices Act
Global Bribery Act
International Ethics and Bribery Act
Export-Import Ethical Standards Act
9. Among the characteristic of less developed countries is: (Points: 4)
a large population
high unemployment
low GDP
all of the above
10. The following continent has recently privatized traditionallynationalized industries: (Points : 4)
Asia
Europe
Latin America
Africa
11. __________ is acquired knowledge that people use to interpret,experience, and generate social behavior. (Points : 4)
Edification
Culture
Climate
Cognition
12. __________ are basic convictions that people have regardingwhat is right and wrong, good and bad, important or unimportant.(Points : 4)
Tenets
Edicts
Norms
Values
13. Multinational corporations to be successful in internationalmarkets must be able to understand: (Points : 4)
intra-state commerce.
multi-cultural dimensions.
domestic procedures.
inter-country discipline.
ScholarMatic: Explanation & Answer
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