NEW
Font size
WorksheetsTHE FINAL GKT 10
Total questions: 30
Worksheet time: 9mins
In which country is the Hillary-Tenzing Airport situated?
Maldives
Nepal
Italy
Austria
Which of the following would be considered an international business transaction?
Purchasing products in one country and assembling them in the same country
Recruiting employees internationally
Borrowing money from a major bank to finance capital improvements
Shipping finished products from one country to another for retail sale
Black and Decker produces tools at a plant in North Carolina and ships the tools to retailers in England. This is an example of which type of international business activity?
Merchandising
Importing
Exporting
Trading
Which U.S. state is the Grand Canyon located in?
Nevada
Wyoming
Arizona
New Mexico
What country holds the world's largest land mass?
USA
Russia
China
Canada
What caused South Korea's economic growth to suddenly slow in 1997-1998?
Collapse of the chaebol
Return to Communist rule
Asian currency crisis
Import substitution policies
The Korean term, chaebol, refers
A family-based conglomerate
Workplace harmony
Economic restructuring
Cooperative banks
What is capital city of Armenia?
Yerevan
Kabul
Minsk
Sarajevo
What country is this the flag of?
Botswana
Fiji
Eritrea
Estonia
Accra is capital city of what country?
Greece
Ghana
GUINEA
Guatemala
Ceylon is the former name of what country
Sicily
Iran
Albania
Sri Lanka
Lingua franca means
Common language
French language
Official language
Latin language
In a ________ culture, a speaker's words explicitly convey the speaker's message.
Verbal
Linguistic
Low- Context
High -Context
What is the first step in selecting a foreign market?
Assessing market potential
Monitoring major markets
Evaluating host country's trade policies
Assessing general legal and political environments
Which of the following is the most intensive mode of entry into foreign markets?
Exporting
Importing
International Licensing
FDI
What is a common disadvantage of using a greenfield strategy?
Paying high tariffs
Using outdated equipment
Taking over existing debts
Complying with local regulations
Comtex, a U.S. clock manufacturer, recently built a new production facility in Bangladesh. Which term best describes the activities of Comtex?
Joint venture strategy
Greenfield strategy
Acquisition strategy
Brownfield strategy
Euro currency has been used by the following countries except for:
Estonia
Greece
Kosovo
Switzerland
The Pacific Ocean is the world’s largest ocean. How much of the globe does it cover?
One-fifth
One-fourth
One-half
One-third
Company X and Company Z have established a business arrangement whereby the two firms will cooperate for their mutual benefit. Which of the following has most likely been established?
Competitive advantage
Licensing agreement
Strategic alliance
Franchising arrangement
Nestle and General Mills created Cereal Partners Worldwide to compete effectively in the European market. Cereal Partners Worldwide is owned equally by the two firms, so CPW is an example of a(n) ________.
FDI
Joint venture
Acquisition strategy
Franchising arrangement
Which of the following is a benefit of the corporate form for joint ventures?
Protection of assets
Development of a centralized hierarchy
Continuation of same identities
Implementation of high-performance work systems
Which of the following is considered one of the primary pitfalls of strategic alliances?
Mutual trust
Changing circumstances
Partner compatibility
More autonomy
Parker Industries manufactures and sells a variety of goods including carpeting, power tools, and wallpaper. Which form of organization would most like be appropriate for Parker Industries?
Global product design
Global functional design
Global matrix design
Global hybrid design
What is the second step in establishing an international control system?
Discuss deviations with employees.
Compare performance against standards.
Set control standards for performance.
Measure actual performance.
The world’s lowest lake is about 1,410 feet (430 meters) below sea level. What is it?
The Great Salt Lake, United States
Cholamu Lake, India
Lake Geneva, Switzerland and France
The Dead Sea, Israel and Jordan
What country is this the flag of?
Slovakia
Sierra Leone
Slovenia
Solomon Island
Where is the world's largest sport stadium
May Day Stadium, Pyongyang, North Korea
Camp Nou, Barcelona, Spain
Wembley Stadium, London, England
Beijing National Stadium, Beijing, China
Where you can find the oldest working library?
Royal Library of Antioch, Anatolia
The Royal Library of Alexandria, Egypt
he Library of Aristotle Athens, Greece
Al-Qarawiyyin library, Fez, Morocco
What is good bye in Italy?
Aloha
Shalom
Bon voyage
Arrivederci
