LCBB6001 Week 3 Quiz IBC

What role does culture play in international business management?

• It has no impact

• It influences and motivates key issues

• It only affects local businesses

• It is irrelevant to business ethics

Which issue helps in improving the image of a business?

• Social Responsibility

• Ethics

• Sustainability

• Technology

What does the document suggest is important for creating competitive advantage?

• Understanding global markets

• Understanding local cultures and business environment

• Investing in technology

• Expanding product lines

Which of the following is a part of the cultural profile?

• Climate conditions

• Type of language use

• Historical events

• Political systems

What is culture primarily composed of?

• Shared values, beliefs, practices, behaviours, understandings, norms, and assumptions

• Individual preferences and personal habits

• Genetic traits and biological factors

• Economic status and political views

Which variable is associated with sociocultural factors?

• Physical situation

• Technological know-how

• Language

• Norms

Which of the following is an attitude related to management?

• Time

• Religion

• Economic system

• Language

What is a component of individual and group employee job behavior?

• Productivity

• Values

• Political system

• Education

What is the alternative belief to "Hard work leads to success"?

• Life is preordained

• People adjust to the environment

• Wisdom and luck are also needed

• Employment is for a lifetime

What subsystem is associated with learning and knowledge dissemination?

• Recreation

• Education System

• Kinship

• Health System