Management of International Business MCQ with Answers

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Online MCQ Quiz of Management of International Business

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Management of International Business

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Q: The goal of corporate governance and business ethics education is to:

A. Teach students their professional accountability and to uphold their personal Integrity to society.

B. Change the way in which ethics is taught to students.

C. Create more ethics standards by which corporate professionals must operate.

D. Increase the workload for accounting students.

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Q: What is the main reason why organizations enter alliances?

A. To find out how the other organization works, and copy it

B. To obtain synergies between other organizations' resources and their own

C. To increase their capacity to learn

D. Because they have not enough cash to acquire the other organization

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Q: Which type of corporate parenting style has the closest relationship with its individual businesses?

A. Co-evolution

B. Corporate flexibility

C. Strategic Control

D. Strategic planning

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Q: All of the following are common motives for a merger or acquisition except for

A. Operating synergy.

B. Financial synergy.

C. Raising the cost of capital.

D. Buying undervalued assets.

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Q: Vertical mergers are those in which the participants are

A. In the same industry.

B. In different industries

C. In different phases of the value chain

D. None of the above.

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Q: All the following statements are correct except:

A. Case studies examine specific mergers and look for firm specific examples of merger benefits.

B. Stock market studies tend to suggest that most of the stock market gains from merger accrue to shareholders of target firms.

C. Financial and accounting studies typically conclude that mergers benefit shareholders

D. Case studies, the stock market and financial accounting based studies typically conclude that mergers are not always a good idea.

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Q: Which of the following industries is least likely to follow the conventional life-cyclemodel?

A. Software development

B. Coal mining

C. Insurance broking

D. Hairdressing

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Q: According to Porter, dealing with the paradox of premature commitment versus Not enough commitment involves some kind of:

A. Trade-off

B. Lock-in

C. Lock-out

D. Diversification

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Q: The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are:

A. Fit, distinctiveness, sustainability

B. Fit, internal resources, external environment

C. Distinctiveness, internal resources, fit

D. Sustainability, distinctiveness, external environment

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Q: 'Influence' is defined as the ability to___someone to something they wouldnot otherwise have done.

A. Intimidate

B. Force

C. Order

D. Persuade

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Q: Diversification into many unrelated areas is an example of:

A. Risk management

B. Good management

C. Uncertainty reduction

D. Sustainability

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Q: A strategic manager that seeks to reach acceptable profit targets as opposed to making as much profit as possible is making decisions of which type?

A. Satisfactory

B. Satisficing

C. Irrational

D. Optimal

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Q: Knowledge which is difficult to define and codify is known as:

A. Explicit

B. Tangible

C. Tacit

D. Random

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Q: Which of the following statements is not true when describing a successful strategy?

A. It provides some property that is unique or distinctive

B. It provides the means for renewing competitive advantage

C. It addresses changes in the external environment

D. It guarantees long term survival

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Q: To minimize your risk you can:

A. diversify suppliers across countries

B. take advantage of business cycle differences amongst countries

C. a & b

D. none of the above

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Q: Globalization consists of the following processes except:

A. political process

B. environmental process

C. social process

D. economic process

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Q: Foreign sources may give companies?

A. Higher costs

B. New and/or better products

C. Conflicting operating knowledge

D. Legal problems

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Q: Which of the following statements on civil law systems would be seen as an advantage by business?

A. Civil law systems operate in very few countries.

B. Relevant areas of law are much easier to find than in common law systems.

C. Relevant areas of law are more difficult to find than in common law systems.

D. Lawyers act as oral advocates for their clients.

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Q: Why might MNCs in the past have focused their marketing activities on the triad?

A. That is where the most lucrative markets were located.

B. Income per head in developing countries was relatively low.

C. Transport and communication links were improving outside the tri

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Q: A global company can___its experience to expand its global operations

A. Contract

B. Expand

C. Minimize

D. Leverage

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