Module 1 Quiz 1

It measures the degree to which the members of a group or society accept the hierarchy of power and authority

• Uncertainty avoidance

• Power Distance

• Indulgence versus restraint

• Masculinity versus femininity

Which of the following is not part of the dimensions of national culture

• Power distance

• Long term versus short term orientation

• Local versus international language

• Individualism versus collectivism

In the Internalisation process, firms choose to invest in a specific location because of related growth opportunities and/or cost advantages

• Verdadero

• Falso

The main responsibilities held by members of the HR department, include

• 1.- Recruitment & retention. 2.-Training & development 3.-Comparison & benchmarking

• 1.- Recruitment & retention. 2.- Training & development 3.- Compensation & benefits

• 1.- Networking & social events 2.- Training & development 3.- Compensation & benefits

• None of them

There are 4 Forces Driving Global Businesses. Which of the following is NOT one of these 4 forces?

• Expanding Markets

• Capitalizing on Special Features of Location

• Adding Costs

• Gaining Access to Resources

In its broadest sense, this concept includes both new technologies and new ways of doing things.

• Competitive advantage

• Free trade agreements

• Product adaptation

• Innovation

In this level of integration, countries remove: • tariffs • non-tariffs barriers • quantitative restrictions – on mutual trade. Retain own tariffs and other regulations of trade with third countries.

• Free trade agreements

• Customs union

• Common market

• Economic union

This region is an area defined by one function that may cross political boundaries. Example: The Amazons

• Perceptual region

• Cultural region

• Functional region

• All of them

In 1987 and 1988 Mexico (Miguel de la Madrid) took the decision of changing its international economic policy due to economic crisis (high inflation, increasing poverty and social discontent).

• True

• False

It's the process of changing a product to meet the needs of customers in a market other than the one in which it is made.This can be an important part of a company’s strategy for selling in a foreign country.

• Customer adaptation

• Marketing campaign

• Packaging adaptation

• Product adaptation