Midterm Exam - International Management Test 2

What is the difference between leadership and management?

• Leadership is about controlling people, while management is about organizing people

• Leadership is about persuading people, while management is about inspiring people

• Leadership is about organizing people, while management is about controlling people

• Leadership is about inspiring people, while management is about persuading people

What characterizes the beginning of the 21st century for many companies?

• Adaptation for entrepreneurship on global and host markets

• Adaptation for entrepreneurship on local markets only

• Adaptation for traditional business practices

• Adaptation for government regulations

What is the common entrepreneurship and international business?

• Common entrepreneurship is over the borders and international business is more developed

• Common entrepreneurship is not over the borders and international business is less developed

• Common entrepreneurship is not over the borders and international business is more developed

• Common entrepreneurship is over the borders and international business is less developed

How does international management affect individuals and organizations?

• It affects us on a daily basis

• It affects us on a weekly basis

• It does not affect us on a daily basis

• It affects us on a monthly basis

What do individuals and organizations need to be in order to succeed in the global business environment?

• Regional only

• Global and local

• Local only

• Global only

What is international management concerned with?

• Ownership and management of assets and operations beyond one's home country

• Ownership and management of assets and operations within one's home country

• Ownership and management of assets and operations within one's region

• Ownership and management of assets and operations within one's host country

What does international management involve?

• Planning, organizing, leadership, and controlling in a specific continent

• Planning, organizing, leadership, and controlling in a specific region

• Planning, organizing, leadership, and controlling in more than one country

• Planning, organizing, leadership, and controlling in one country only

What is international management about?

• How firms become and remain local in scope

• How firms become and remain regional in scope

• How firms become and remain international in scope

• How firms become and remain national in scope

What is the Home Country?

• The country where the subsidiary company's headquarters is located

• The country where the parent company's headquarters is located

• The country where the global market is located

• The country where the international market is located

What is the Host Country?

• The country where the international market is located

• The country where the subsidiary company's headquarters is located

• The country where the global market is located

• The country where the parent company's headquarters is located