Quizz on Chapter 1 International Management 10 E
CHAPTER 1 QUIZ
1. The term globalism or globalization generally refers to _____.
a. increasing loyalty to your own country
b. global competition characterized by networks that bind countries, institutions, and people.
c. competition in an increasingly borderless world
d. b and c only
2. The hostility to the takeover of Europe’s largest steel company, Acelor, by India’s Mittal Steel illustrates
a. the decrease in nationalism and increase in globalism.
b. the backlash against globalism.
c. the decline in competitiveness in the steel industry.
d. cultural differences about the benefits of takeovers.
3. Small and medium-sized enterprises (SMEs)
a. are generally not competing internationally.
b. are major investors in world markets.
c. face good opportunities currently as a result of trade shows, export initiatives, and the Internet.
d. are unaffected by globalism
4. The three major world currencies today are _____.
a. euro, yen, U.S.
b. euro, yen, peso
c. euro, U.S. dollar, German mark
d. euro, U.S. dollar, peso
5. The European Union currently consists of how many nations?
a. Ten
b. Twenty-seven
c. Forty
d. Fifty
6. Which of the following countries is not one of the Four Tigers?
a. South Korea
b. Hong Kong
c. Taiwan
d. Thailand
7. China has enjoyed recent success as an export powerhouse built upon its _____.
a. strengths of low costs and flow of capital
b. geographic location in the world
c. high educational standards
d. close ties with Japan
8. Which of the following statements is not correct about China?
a. China joined the WTO in 2002
b. One of China’s key strengths is its excellent infrastructure
c. China is stuck halfway between a command economy and a market economy
d. China continues to enjoy significant inflows of money from ethnic Chinese outside of China
9. Which of the following statements is correct about India?
a. India’s biggest contributor to growth is its excellent infrastructure.
b. India is
1. The term globalism or globalization generally refers to _____.
a. increasing loyalty to your own country
b. global competition characterized by networks that bind countries, institutions, and people.
c. competition in an increasingly borderless world
d. b and c only
2. The hostility to the takeover of Europe’s largest steel company, Acelor, by India’s Mittal Steel illustrates
a. the decrease in nationalism and increase in globalism.
b. the backlash against globalism.
c. the decline in competitiveness in the steel industry.
d. cultural differences about the benefits of takeovers.
3. Small and medium-sized enterprises (SMEs)
a. are generally not competing internationally.
b. are major investors in world markets.
c. face good opportunities currently as a result of trade shows, export initiatives, and the Internet.
d. are unaffected by globalism
4. The three major world currencies today are _____.
a. euro, yen, U.S.
b. euro, yen, peso
c. euro, U.S. dollar, German mark
d. euro, U.S. dollar, peso
5. The European Union currently consists of how many nations?
a. Ten
b. Twenty-seven
c. Forty
d. Fifty
6. Which of the following countries is not one of the Four Tigers?
a. South Korea
b. Hong Kong
c. Taiwan
d. Thailand
7. China has enjoyed recent success as an export powerhouse built upon its _____.
a. strengths of low costs and flow of capital
b. geographic location in the world
c. high educational standards
d. close ties with Japan
8. Which of the following statements is not correct about China?
a. China joined the WTO in 2002
b. One of China’s key strengths is its excellent infrastructure
c. China is stuck halfway between a command economy and a market economy
d. China continues to enjoy significant inflows of money from ethnic Chinese outside of China
9. Which of the following statements is correct about India?
a. India’s biggest contributor to growth is its excellent infrastructure.
b. India is