MANAGEMENT 5TH ASIA PACIFIC EDITION SCHERMERHORN – TEST BANK

MANAGEMENT 5TH ASIA PACIFIC EDITION SCHERMERHORN – TEST BANK

Chapter 4

International dimensions of management

Multiple choice questions

1. __________ refers to the process of growing interdependence among resource supplies, product markets, and business competition on a worldwide basis.

a. International management

b. Transnational interdependence

*c. Globalization

d. Global management

e. The multinational economy

General Feedback:

Page 89. Factual. Learning objective 1. Globalization is the worldwide interdependence of resource flows, product markets, and business competition.

2. Which of the following does NOT describe the characteristics of global managers?

a. Being informed about international developments

b. Being competent in working with persons from different cultures

c. Being transnational in outlook

*d. Focusing on domestic market demands

e. Being aware of regional developments in a changing world

General Feedback:

Page 90. Factual. Learning objective 1. A new breed of manager, the global manager, is increasingly sought after. This is someone informed about international developments, transnational in outlook, competent in working with people from different cultures, and always aware of regional developments in a changing world.

3. The Asia-Pacific Economic Cooperation (APEC) provides for Asia-Pacific economies to strengthen regional links and:

a. contribute to Australia’s security.

b. deepen economic relationships with China.

*c. pursue common trade and economic goals.

d. all of the options listed.

e. none of the options listed.

General Feedback:

Page 91. Factual. Learning objective 1. The APEC forum aims to strengthen ‘regional economic integration’ and ‘regional links’ and encourages the pursuit of common trade goals.

4. Which of the following accurately describes member countries of the Forum for Asian-Pacific Economic Cooperation (APEC)?

a. The member countries represent three-quarters of the global marketplace.

*b. APEC accounts for about 70 percent of Australia’s total trade with the rest of the world.

c. The member countries provide both high-cost labor and a growing pool of highly skilled brainpower.

d. All of the options listed.

e. None of the options are listed.

General Feedback:

Page 92. Factual. Learning objective 1. APEC accounts for about 70 percent of Australia’s total trade with the rest of the world.