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WorksheetsModule 1 Quiz 1
Total questions: 11
Worksheet time: 7mins
It measures the degree to which the members of a group or society accept the hierarchy of power and authority
Uncertainty avoidance
Power Distance
Indulgence versus restraint
Masculinity versus femininity
Which of the following is not part of the dimensions of national culture
Power distance
Long term versus short term orientation
Local versus international language
Individualism versus collectivism
In the Internalisation process, firms choose to invest in a specific location because of related growth opportunities and/or cost advantages
Verdadero
Falso
The main responsibilities held by members of the HR department, include
1.- Recruitment & retention. 2.-Training & development 3.-Comparison & benchmarking
1.- Recruitment & retention. 2.- Training & development 3.- Compensation & benefits
1.- Networking & social events 2.- Training & development 3.- Compensation & benefits
None of them
There are 4 Forces Driving Global Businesses. Which of the following is NOT one of these 4 forces?
Expanding Markets
Capitalizing on Special Features of Location
Adding Costs
Gaining Access to Resources
In its broadest sense, this concept includes both new technologies and new ways of doing things.
Competitive advantage
Free trade agreements
Product adaptation
Innovation
In this level of integration, countries remove: • tariffs • non-tariffs barriers • quantitative restrictions – on mutual trade. Retain own tariffs and other regulations of trade with third countries.
Free trade agreements
Customs union
Common market
Economic union
This region is an area defined by one function that may cross political boundaries. Example: The Amazons
Perceptual region
Cultural region
Functional region
All of them
In 1987 and 1988 Mexico (Miguel de la Madrid) took the decision of changing its international economic policy due to economic crisis (high inflation, increasing poverty and social discontent).
True
False
It's the process of changing a product to meet the needs of customers in a market other than the one in which it is made.This can be an important part of a company’s strategy for selling in a foreign country.
Customer adaptation
Marketing campaign
Packaging adaptation
Product adaptation
This strategy involves using “the same range of products, the same pricing, promotional and location strategies”. It is used to full extent by many global businesses across wide range of industries such as Adidas, Nike, etc
Adaptation strategy
Standardisation strategy
