Which of the following will not improve a candidate’s chances to obtain an overseas post?

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1) Which of the following will not improve a candidate’s chances to obtain an overseas post?
A) Making sure that you keep your interest in obtaining an overseas post to yourself.
* B) Studying international business.
C) Meeting people in the home office who work with foreign
subsidiaries.
D) Making sure that your boss and the Human Resources Management department personnel are aware of your interest.
2) A global company is defined as an organization that attempts to have a worldwide presence in its market, to standardize operations worldwide in one or more of the firm’s functional areas, and to integrate its operations worldwide. According to this definition, a global firm’s management:
A) Looks for differences among markets.
B) Avoids maintaining a presence in key markets.
C) Uses domestic products, raw materials and financing whenever
possible.
D) Searches the world for market opportunities.
3) A multi-domestic company is:
A) An organization that attempts to standardize and integrate operations worldwide in all functional areas.
B) The same as a global company.
C) An organization with multi-country affiliates, each of which formulates its own business strategy based on perceived market differences.
D) An organization that standardizes and integrates operations on a domestic basis.
4) Which of the following is not a major kind of driver leading international firms to the globalization of their operations?
* A) Political.
* B) Market.
* C) Environmental.
* D) Technology.
5) The most common definition of globalization is that of:
A) Political globalization – the international integration of political laws and customs.
B) Geographical globalization – the international integration of countries in geographical proximity to one another.
C) Cultural globalization – the international integration of people with similar cultural characteristics.
D) Economic globalization – the international integration of goods, technology, labor, and capital.
6) Advances in computers and communications technology are permitting an increased flow of ideas and information across borders. This enables:
A) Manufacturing personnel to concentrate more on domestic production.
* B) Customers to learn about foreign goods.
* C) Sellers of products to travel to more locations worldwide in search
of buyers.
D) Advertisers to focus more on specific countries where demand is the greatest.
7) One of management’s goals is utilizing economies of scale to reduce unit costs. Which of the following would not necessarily result in economics of scale being realized?
* A) Globalizing product lines to reduce development costs.
* B) Locating production in countries where the costs of the factors of
production are lower.
C) Locating production in countries where the labor force is the most highly educated.
D) Globalizing product lines to reduce production and inventory costs.
8) International business differs from domestic business in that a firm operating across borders must deal with the forces of three kinds of environments. Which of the following is not one of the three kinds of environments?
* A) Domestic.
* B) Foreign.
* C) International.
* D) Local.
9) Uncontrollable forces that management has no direct control over include:
* A) Political.
* B) Capital.
* C) Raw materials.
* D) Production.
10) Controllable forces that management administers to adapt to changes in uncontrollable forces include:
* A) Financial.
* B) Legal.
* C) Technological.
* D) Personnel.

11) The forces in the foreign environment are the same as those in the domestic environment except that they occur in foreign nations. However, they operate differently for several reasons. Which of the following is not one of the reasons?
* A) Different force values.
* B) Changes are difficult to access.
* C) Physical and sociocultural forces are not important.
* D) The forces are interrelated.
12) Although there are some differences, the exports of most of the major exporting nations have increased at about the same rate as the world average. However, the European Union and _____________ nations as a whole did surpass the world rate.
* A) developing
* B) developed
* C) industrialized
* D) undeveloped
13) The fact that members of trade groups such as the European Union and Latin American Integration Association are increasingly selling to each other is a development that will:
* A) make them much less dependent on other nations.
* B) influence international companies’ choices of locations for their
plants and other operations.
C) reduce competition on worldwide basis. D) result in increased prices worldwide.
14) Historically, foreign direct investment has followed foreign trade because:
* A) foreign trade is less costly and less risky.
* B) management can expand the business in large increments.
* C) the firm has already set up an export department and has hired
sales representatives to live in overseas markets.
D) the firm has already established its own sales company to import in its own name.
15) Many international firms are dispersing the activities of their production systems to locations close to available resources because:
* A) the new business environment has no government barriers to trade
* B) competition has decreased from global firms.
* C) of new production and communications technologies.
* D) shipping costs have been drastically reduced.
16) An agreement by a small group of nations to establish free trade among themselves while maintaining trade restrictions with other nations is known as a:
* A) free trading agreement.
* B) restrictive trading agreement.
* C) preferential trading agreement.
* D) none of the above.
17) Frequently, a firm will go abroad to:
* A) protect its home market.
* B) earn greater profits.
* C) test market a product.
* D) all of the above.
18) The UN headquarters today is located in:
A) B) C) D)
England the Netherlands the Netherlands the United States
19) The established to resolve disputes between:
International Court of Justice, also called the World Court was
* A) individuals.
* B) multinational corporations.
* C) sovereign states.
* D) military organizations.
20) The World Bank consists of the Bank itself and:
* A) the International Bank for Reconstruction and Development.
* B) the International Finance Corporation.
* C) Multilateral Development Banks.
D) the International Monetary Fund.
21) The International Monetary Fund Articles of Agreement were adopted at the Bretton Woods Conference in 1944. In general terms, the International Monetary Fund’s objectives today are, to foster:
* A) fixed exchange rates.
* B) balance of payments disequilibria.
* C) convertible currencies
* D) predictable supplies of capital to developing nations.

22) The Association of Southeast Asia Nations or ASEAN is one of the fastest developing economic regions in the world. ASEAN’s purpose is to:
* A) eliminate barriers to trade.
* B) promote the free movement of people in the region.
* C) create a free trade area among the member countries.
* D) promote economic growth and peace in the region.
23) The impetus for the creation of the North American Free Trade Agreement (NAFTA) was:
* A) the desire of Mexico to attract multinational corporations because of its cheap labor supply.
* B) the desire of the United States to remain as competitive as possible in the world market place.
C) the desire of Canada to leverage its proximity to the United States in world trade.
D) all of the above.
24) NAFTA’s purpose is to:
* A) create an economic union of the member countries.
* B) create a political union of the member countries.
* C) eliminate trade barriers among the member countries.
* D) allow for the free movement of people, goods and services among
the member countries.
25) Members of the Organization for Economic Cooperation and Development (OECD) are
* A) the world’s developing countries.
* B) the world’s developed countries.
* C) the world’s underdeveloped countries.
* D) the world’s poorest countries.

In your text, Levy outlines the following 3 major purposes of performance appraisals.
1. For making personnel decisions
2. Developmental purposes
3. Documentation of Organizational decisions
Based on your readings, why do you think this is important? Also, explain what other purpose(s) you would add to these reasons.

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