MGT chapter 2

Accords reached by governments in which countries voluntarily limit the volume or value of goods they export to or import from one another are known as _____ agreements.
a. service-level
b. licensing
c. export restraint
d. strategic alliance
e. operational-level

• service-level

• licensing

• export restraint

• strategic alliance

• operational-level

Almonds United Inc., a company that produces almonds, is based in California, United States. Almonds United ensures that most of its produce is sold in the local market and not more than 20 percent is sold in the Indian markets each year. This is in accordance with the U.S. government's voluntary limit on trade with India. Almonds United is
following the _____ exercised by the U.S. government.
a. franchising agreement
b. direct investment
c. strategic alliance
d. licensing agreement
e. export restraint agreement

• franchising agreement

• direct investment

• strategic alliance

• licensing agreement

• export restraint agreement

The government of Westeria has made it mandatory that all local publishers must use paper made in Westeria itself. This restriction imposed by Westeria on its publishers is a form of
a. "ban maquiladoras" policy.
b. import tariff.
c. export restraint agreement.
d. "go global" strategy.
e. "buy national" legislation.

• "ban maquiladoras" policy

• import tariff.

• export restraint agreement

• "go global" strategy.

• "buy national" legislation.

Which of the following statements about organizational culture is true?
a. Organizational culture shapes the behavior of employees, and thus impacts organizational effectiveness.
b. Organizational culture of an overseas franchisee is always the same as the culture of the nation in which the
organization's headquarters are located.
c. Organizational culture will necessarily be the same throughout an organization's subunits.
d. Organizational culture refers to the cultural and artistic charities that an organization supports.
e. Organizational culture is frequently and easily changed by most organizations.

• . Organizational culture shapes the behavior of employees, and thus impacts organizational effectiveness.

• Organizational culture of an overseas franchisee is always the same as the culture of the nation in which the
  organization's headquarters are located.

• Organizational culture will necessarily be the same throughout an organization's subunits.

• Organizational culture refers to the cultural and artistic charities that an organization supports

• Organizational culture is frequently and easily changed by most organizations.

An American company is in a joint venture with an overseas Middle East company. The U.S. managers are particular about time management and appointments for conference calls and meetings. However, their overseas Middle Eastern counterparts are not conditioned the same way and don't necessarily adhere to schedules. This variation in time management is an aspect of their _____ environment.
a. legal
b. cultural
c. technological
d. political
e. economic

• legal

• cultural

• technological

• political

• economic

A(n) _____ is a limit on the number or value of goods that can be traded.
a. royalty
b. tariff
c. quota
d. threshold
e. allowance

• royalty

• tariff

• quota

• threshold

• allowance

A(n) _____ is a tax collected on goods shipped across national boundaries.
a. quota
b. tariff
c. allowance
d. remuneration
e. commission

• quota

• tariff

• allowance

• remuneration

• commission

In international trade, the _____ amount is typically designed to ensure that domestic competitors will be able to maintain a certain market share.
a. benefaction
b. royalty
c. tariff
d. quota
e. minimum hourly wage

• benefaction

• royalty

• tariff

• quota

• minimum hourly wage

_____ are, in effect, export quotas.
a. Export restraint agreements
b. Export licensing agreements
c. Service-level agreements
d. Export tariffs
e. Strategic alliance agreements

• Export restraint agreements

• Export licensing agreements

• Service-level agreementsExport tariffs

• Strategic alliance agreements

• Export tariffs

_____ gives preference to domestic producers through content or price restrictions.
a. "Buy national" legislation
b. "Go local" strategy
c. Federal acquisition regulation
d. Trade agreements legislation
e. "Ban maquiladoras" policy

• "Buy national" legislation

• "Go local" strategy

• Federal acquisition regulation

• . Trade agreements legislation

• "Ban maquiladoras" policy