MANAGING IN GLOBAL ENVIRONMENT

"Viewing the world solely through your own perspectives, leading to an inability to recognise differences between people."

• Parochialism

• Ethnocentric Attitude

• Polycentric Attitude

• Geocentric Attitude

“World-oriented view that wants to use best practices from around the globe” is the meaning of which Global Attitudes?

• Parochialism

• Ethnocentric Attitude

• Polycentric Attitude

• Geocentric Attitude

Global competition and the global economy are shaped by

regional trading agreements. Below is "Regional Trading Alliances", except :

• European Union (EU)

• North American Free Trade Agreement (NAFTA)

• Organization for Economic Cooperation and Development (OECD)

• Association of Southeast Asian Nations (ASEAN)

Which country is NOT part of the ASEAN Member?

• Indonesia

• Cambodia

• Brunei Darussalam

• Sri Lanka

What is the advantage of participating in the European Union (EU)?

• Eliminated tariffs and increase of free trade

• Low tariffs and no embargos

• High tariffs and no free trade

• Embargoes, tariffs, and quotas

A common currency (money) used by several EU

• Euro

• Pound

• Dollar

• Franc

Which UN agency promotes International trade among nations?

• World Health Organization (WHO)

• World Trade Organization (WTO)

• The United Nations (UN)

• North Atlantic Treaty Alliance (NATO)

What is the primary purpose of the World Trade Organization?

• Keep peace in the world

• Foster global growth and economic stability

• Help reduce poverty

• Regulating trade/ to sort out trade problems

What is the strategy for entering the international market when the organization making products domestically and selling them abroad?

• Joint Venture

• Global Outsoursing

• Franchising

• Exporting

Strategic alliances and partnerships with foreign companies are exampes of...

• Joint Venture

• Global Outsoursing

• Franchising

• Exporting