Student ID: 21752645
Exam: 500674RR – International Environmental Forces When you have completed your exam and reviewed your answers, click Submit Exam. Answers will not be recorded until you
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Questions 1 to 20: Select the best answer to each question. Note that a question and its answers may be split across a page
break, so be sure that you have seen the entire question and all the answers before choosing an answer.
1. For an area to be a potential market, there must be
A. limited or no competition.
B. a large population.
C. sufficient people with the means to buy the firm’s products.
D. low duties against imports.
2. The initial step international business managers must take in learning to live with other cultures is to
A. learn the language.
B. realize that other cultures exist and are different from their own.
C. make friends with natives of the country.
D. visit the country.
3. The risk of punitive damages in product liability cases has caused
A. U.S. companies to increase research to find safer products.
B. consumers to demand that cases be heard by a judge rather than a jury.
C. little change on research or new products.
D. foreign companies to withhold potentially beneficial products from the U.S. market.
4. Most anthropologists’ theories of culture include the proposal that
A. culture defines the boundaries of different groups.
B. regional variations on culture are partially due to genetic differences.
C. the beliefs, rules, and institutions of most cultures are nearly indistinguishable from each other.
D. each aspect of a culture develops because of a specific, often isolated need.
5. ICs pay _______ when the host-country taxes are higher than home-country taxes.
A. tax disincentives
B. housing allowances
C. tax differentials
D. bonuses
6. A combination of _______ causes the same extremes in temperature and humidity in other countries as
is found in Colombia. A. heat and moisture
B. rain and fog
C. tropical rain forests and plains
D. mountains and lowlands
7. Payments made to expatriates to compensate for extra costs of living abroad are called
A. bonuses.
B. premiums.
C. allowances.
D. differentials.
8. A commitment to actions that meet present needs without compromising the ecological, social, and
economic needs of future generations characterizes
A. socialism.
B. environmental sustainability.
C. ethnocentricity.
D. economic stability.
9. The organization within the Japanese government deemed the most benign is the
A. Maritime Commission.
B. Justice Department.
C. Fair Trade Commission.
D. Tariff and Taxation Bureau.
10. Only the continent of _______ lacks inland waterways.
A. Australia
B. South America
C. North America
D. Asia
11. Using a/an _______ staffing policy, selection of the best person for each job is done without
considering national origin.
A. polycentric
B. ethnocentric
C. geocentric
D. regiocentric
12. _______ is a category of renewable energy fuels based on photosynthesis.
A. Wind power
B. Hydropower
C. Biomass
D. Geothermal
13. Market screening is derived from
A. environmental scanning.
B. local sociocultural forces.
C. global opportunities and threats.
D. current market trends.
14. There are several criteria for segmenting markets. Which of the following are two criteria for
segmenting?
A. Small and elusive
B. Unclassified and unfulfilled
C. Large and definable
D. Diverse and accessible
15. Laws designed to prevent price fixing, market sharing, and business monopolies are called
A. consensus policies.
B. purchasing power parity (PPP).
C. fair trade regulations.
D. antitrust laws.
16. The International Energy Agency concluded in 2010 that
A. a worldwide energy revolution based on low-carbon technologies is under way.
B. oil reserves would dry up by 2020.
C. sustainable energy development was not feasible.
D. oil demand must immediately drop worldwide by 10 percent.
17. The two types of market screening procedures are
A. country screening and segment screening.
B. initial screening and secondary screening.
C. market indicators and market factors.
D. trend analysis and cluster analysis.
18. As multinationals take a/an _______ view, we’re certain to see greater use of third-country nationals.
A. ethnocentric
B. geocentric
C. particularistic
D. fragmentary
19. A/An _______ is a large exhibition where companies maintain booths to promote product sales.
A. cost-benefit analysis
B. trade fair
C. interview
D. field trip
20. Hong Kong is seen as a more desirable location for foreign firms than Shanghai because
A. Shanghai’s main language is Mandarin, while Hong Kong’s is Cantonese.
B. Hong Kong remains a British colony.
C. the Chinese government has given Hong Kong dispensation to act as a sovereign nation.
D. Hong Kong has a tradition of law adopted from British colonialism. End of exam
