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Midterm Exam - International Management - Test 3

Total questions: 15

Worksheet time: 11mins

Name
Class
Date
1.

What does the internal environment of a firm consist of?

a)

Members, vision, structure, and physical resources

b)

Sociocultural, technological, economic, and government forces

c)

Culture, members, events, and factors within the organization

d)

Exchange rates, wages, employment statistics, and inflation

2.

Which of the following is a part of the company's vision?

a)

Tangible assets of the organization

b)

Technical know-how of the organization

c)

Future position, business mission, and objectives

d)

Values, beliefs, and behavior of the organization

3.

What does the structure of the organization determine?

a)

Tangible assets of the organization

b)

Values, beliefs, and behavior of the organization

c)

Delegation of tasks, coordination, and supervision

d)

Future position, business mission, and objectives

4.

What does corporate culture refer to?

a)

Values, beliefs, and behavior of the organization

b)

Future position, business mission, and objectives

c)

Delegation of tasks, coordination, and supervision

d)

Tangible assets of the organization

5.

Which is the most valuable asset of the organization?

a)

Tangible assets of the organization

b)

Delegation of tasks, coordination, and supervision

c)

Human resource

d)

Values, beliefs, and behavior of the organization

6.

What do physical resources of the organization refer to?

a)

Human resource

b)

Technical know-how of the organization

c)

Tangible assets of the organization

d)

Values, beliefs, and behavior of the organization

7.

What is the big picture of an organization's external environment inclusive of?

a)

Delegation of tasks, coordination, and supervision

b)

Future position, business mission, and objectives

c)

Sociocultural, technological, economic, and government forces

d)

Values, beliefs, and behavior of the organization

8.

What does globalization refer to?

a)

Tangible assets of the organization

b)

Future position, business mission, and objectives

c)

Development of an integrated global economy

d)

Values, beliefs, and behavior of the organization

9.

What are the processes of globalization characterized by?

a)

Future position, business mission, and objectives

b)

Free trade, capital flows, communications, and cheaper foreign labor markets

c)

Tangible assets of the organization

d)

Values, beliefs, and behavior of the organization

10.

Which of the following companies operates internationally and has prospered in the global economy?

a)

Future position, business mission, and objectives

b)

Values, beliefs, and behavior of the organization

c)

Amazon, selling low-end products through its brand AmazonBasics

d)

Tangible assets of the organization

11.

What are the general macro environments and forces that affect organizations?

a)

Values, beliefs, and behavior of the organization

b)

Tangible assets of the organization

c)

Future position, business mission, and objectives

d)

Sociocultural, technological, economic, government and political, natural disasters, and human-induced problems

12.

What are economic environmental forces generally include?

a)

Tangible assets of the organization

b)

Values, beliefs, and behavior of the organization

c)

Exchange rates, wages, employment statistics, and inflation

d)

Future position, business mission, and objectives

13.

What does hiring and unemployment, employee benefits, and factors affecting organizational operating costs, revenues, and profits are affected by?

a)

Future position, business mission, and objectives

b)

Values, beliefs, and behavior of the organization

c)

Tangible assets of the organization

d)

Global, national, regional, and local economies

14.

What does globalization continue to affect?

a)

Tangible assets of the organization

b)

Future position, business mission, and objectives

c)

Values, beliefs, and behavior of the organization

d)

Industries and companies in ways that benefit some and not others

15.

What are organizations commonly referred to as?

a)

Tangible assets of the organization

b)

Companies, firms, corporations, institutions, agencies, associations, groups, consortiums, and conglomerates

c)

Values, beliefs, and behavior of the organization

d)

Future position, business mission, and objectives