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MANAGING IN GLOBAL ENVIRONMENT

Total questions: 13

Worksheet time: 4mins

Name
Class
Date
1.

"Viewing the world solely through your own perspectives, leading to an inability to recognise differences between people."

a)

Parochialism

b)

Ethnocentric Attitude

c)

Polycentric Attitude

d)

Geocentric Attitude

2.

“World-oriented view that wants to use best practices from around the globe” is the meaning of which Global Attitudes?

a)

Parochialism

b)

Ethnocentric Attitude

c)

Polycentric Attitude

d)

Geocentric Attitude

3.

Global competition and the global economy are shaped by

regional trading agreements. Below is "Regional Trading Alliances", except :

a)

European Union (EU)

b)

North American Free Trade Agreement (NAFTA)

c)

Organization for Economic Cooperation and Development (OECD)

d)

Association of Southeast Asian Nations (ASEAN)

4.

Which country is NOT part of the ASEAN Member?

a)

Indonesia

b)

Cambodia

c)

Brunei Darussalam

d)

Sri Lanka

5.

What is the advantage of participating in the European Union (EU)?

a)

Eliminated tariffs and increase of free trade

b)

Low tariffs and no embargos

c)

High tariffs and no free trade

d)

Embargoes, tariffs, and quotas

6.

A common currency (money) used by several EU

a)

Euro

b)

Pound

c)

Dollar

d)

Franc

7.

Which UN agency promotes International trade among nations?

a)

World Health Organization (WHO)

b)

World Trade Organization (WTO)

c)

The United Nations (UN)

d)

North Atlantic Treaty Alliance (NATO)

8.

What is the primary purpose of the World Trade Organization?

a)

Keep peace in the world

b)

Foster global growth and economic stability

c)

Help reduce poverty

d)

Regulating trade/ to sort out trade problems

9.

What is the strategy for entering the international market when the organization making products domestically and selling them abroad?

a)

Joint Venture

b)

Global Outsoursing

c)

Franchising

d)

Exporting

10.

Strategic alliances and partnerships with foreign companies are exampes of...

a)

Joint Venture

b)

Global Outsoursing

c)

Franchising

d)

Exporting

11.

Hofstede’s Five Dimensions of National Culture :

  1. Individualism - Collectivism
  2. High power distance - Low power distance
  3. High uncertainty avoidance - Low uncertainty avoidance
  4. Achievement - Nurturing
  5. Long term orientation - Short term orientation
a)

TRUE

b)

FALSE

12.

"People value tradition and the past" is definition of which Hofstede’s Dimensions?

a)

Long-term orientation

b)

Short-term orientation

13.

“The degree of recognition by people of inequality in power among institutions, organizations and people”.

Which group of dimensions of Hofstede's is"

a)

Individualism - Collectivism

b)

Uncertainty Avoidance

c)

Masculinity - Femininity

d)

Power Distance