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TERM 1
d. government leadership
DEFINITION 1 India's economic boom is most likely a result of all of the following EXCEPT ________.Select one:a. increasing deregulationb. foreign investmentc. educated workersd. government leadership TERM 2
c. qualitative
DEFINITION 2 Representatives of a MNC seek an interview with local government leaders in the Department of Commerce in India with a view to assess the types of policies likely to be implemented. According to Mathis, this is an example of ________.a. quantitative approachb. checklist approachc. qualitative approachd. a combination of all of the above TERM 3
a.
contract
DEFINITION 3 Which of the following terms refers to an agreement by the parties concerned to establish a set of rules for governing a business transaction?a. contractb. conceptc. procedured. policy TERM 4
d. local debt
financing
DEFINITION 4 Which of the following is a form of hedging?Select one:a. staged contribution strategiesb. localization of the operationc. development assistanced. local debt financing TERM 5
a. position control
DEFINITION 5 Which of the following is a method of dependency?Select one:a. position controlb. local debt financingc. equity sharingd. development assistance
TERM 6
d. modify their products & series to meet the
needs & interests of local cultures
DEFINITION 6 Experts suggest that firms that want to globalize through e- commerce must first localize, which means that firms need to ________.a. use local suppliers, vendors, and distributors to manufacture products for the local marketb. test their products and services in local markets before selling them over the Internetc. sell their products in a brick-and-mortar store before selling them through an e-marketd. modify their products and services to meet the needs and interests of local cultures TERM 7
b. job retention
DEFINITION 7 What is the primary concern among citizens in developed economies regarding the outsourcing of non-manufacturing jobs?a. quality controlb. job retentionc. tax processingd. supply chains TERM 8
b. Managers should nurture the relationship
to ensure the reliability of the contract.
DEFINITION 8 In the context of doing business in Asia, what is meant by the phrase "the contract is in the relationship, not on the paper"?a. Asian contracts are not legally binding for MNCs.b. Managers should nurture the relationship to ensure the reliability of the contract.c. Contracts are ceremoniously destroyed after they are written.d. Managers risk being offensive to Asians by requiring contracts. TERM 9
a. how the chinese Government protects its
largsest firms
DEFINITION 9 The situation faced by Mr. David Ji, the Chinese-American electronics entrepreneur, in his dispute with China's largest television manufacturer illustrates ________.a. how the Chinese government protects its largest firmsb. the effectiveness of guanxic. sophistication of chinese legalsystemd.how special protections are offered to American companies in China
