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Exam 8: Global Management

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Question 31

Multiple Choice

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BlazeTrack Cars is a U.S.-based automaker. It is planning to introduce a new premium car in Ireland, Norway, Sweden, and Switzerland. The company is not sure if its car will be successful in these diverse markets, and it is concerned about its growth. It can afford to launch the product in only three countries. To choose these three countries, which of the following parameters should the company most likely consider to determine the growth potential of these foreign markets?

A) Purchasing power
B) Political uncertainty
C) Expropriation potential
D) Sociocultural differences

E) B) and D)
F) B) and C)

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Question 32

Multiple Choice

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In the context of firm strategies,__________is an active strategy to prevent or reduce political risks.

A) control
B) negotiation
C) coercion
D) portfolio

E) All of the above
F) A) and C)

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Question 33

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Hutlot Corp., a clothing company in the country of Pretnola, bought a small clothing company named Midlews in the country of Limlouth. Hutlot is going to sell its own designs through Midlews, and it believes that this venture will be extremely successful. This scenario is an example of _____.

Jimland's government has severe restrictions toward the entry of foreign companies into the country. A foreign company interested in Jimland would have to purchase an existing company in order to conduct its business there. Hence, companies can only enter Jimland through a _____.

A(n) __________is someone who lives and works outside his or her native country.

Political uncertainty is the risk associated with:

When conducting global business, companies should attempt to identify the two types of political risk that are workforce quality and economic uncertainty.

Pancken Corp. has never operated outside the country it is based in and wants to open a branch in a different country. It plans on sending some of its employees to the new country. Before doing so, it trains all its employees by showing them videos about the new country. It also guides them in taking part in roleplays where they are presented with real-world situations related to the new country. In the context of preparing for an international assignment, when would this type of training be given to employees?

Bardron, an information technology company in the country of Conimount, wanted to start its business in the country of Bertholt. Hence, it bought Lecden Corp, a severely underperforming information technology company in the country of Bertholt. This scenario is an example of _____.

Which of the following is the most important factor in determining the success and failure of an international assignment?

Which of the following is a disadvantage of franchising?

Which of the following trade barriers is established to protect the health and safety of citizens?

Primo Call Inc., a cell phone manufacturing company, has collaborated with Tech Friend Inc., a computer manufacturing company, to start a third company under the name of Primo Tech Inc. This new company will manufacture mobile devices such as tablets, smart watches, and handheld video game consoles. In this context, Primo Tech Inc. is a _____.

The government of Mentlands levies large taxes and has set up a limit on the amount of goods FarTrek, a foreign sports goods manufacturer, can sell in Mentlands. In this scenario, FarTrek is most likely involved in _____.

According to the World Trade Organization (WTO), voluntary export restraints are legal and cannot be questioned.

Which of the following best defines a tariff?

Which of the following is a disadvantage of wholly owned affiliates?

Which of the following statements is true of global consistency?

The government of Bicana recently passed a law requiring every foreign country operating in Bicana to pay 50% of its earnings in taxes. As a result, many foreign companies are planning to shut down their ventures in the country. This is a type of _____ faced by companies that want to conduct business in Bicana.

__________are nontax methods of increasing the cost or reducing the volume of imported goods.